EDGX

A high-volume trading platform owned by Direct Edge ECN LLC, the third largest market center worldwide. EDGX is a type of electronic communication network (ECN) that allows traders to trade with one another directly on an exchange instead of having to go through a middleman. NYSE Arca, Nasdaq, and BATS are examples of other high-volume ECNs. In 2009, EDGX traded more than 2 billion shares of U.S. cash equity per day.

EDGX charges liquidity takers and rebates liquidity providers. As of 2009, EDGX provides a 0.0025 credit for adding liquidity. The charge for removing liquidity is 0.0028. This structure is appealing to limit traders. Direct Edge also has another ECN platform, EDGA, which does not charge to provide or take liquidity. These costs are important to the bottom line for active traders.

In mid-2009, Direct Edge applied to the SEC to convert the EDGX and EDGA platforms into stock exchanges.


Investment dictionary. . 2012.

Look at other dictionaries:

  • EDGX — Wisconsin Power and Light Company (Regional » Railroads) …   Abbreviations dictionary

  • EDGX — ICAO Airportcode f. Walldorf (Germany) …   Acronyms

  • EDGX — ICAO Airportcode f. Walldorf ( Germany) …   Acronyms von A bis Z

  • EDGX — abbr. Alliant Energy [railway pool code] …   Dictionary of abbreviations

  • Direct Edge — Headquarters Jersey City, New Jersey Website www.directedge.com Direct Edge is a Jersey City, NJ based stock exchange operating two separate platforms, EDGA Exchange and EDGX Exchange. Since March 2009, Direct Edge has had a market share in the… …   Wikipedia

  • Комиссия по ценным бумагам и биржам — (SEC, США) История основания SEC, структура комиссии по ценным бумагам и биржам (США), руководители SEC Структура Комиссии по ценным бумагам и биржам, важные департаменты в SEC, способы надзора комиссии по ценным бумагам и биржам, важность… …   Энциклопедия инвестора

  • Consolidated Tape Association — The Consolidated Tape Association (CTA) oversees the dissemination of real time trade and quote information (market data) in New York Stock Exchange (NYSE) and American Stock Exchange (AMEX) listed securities (stocks and bonds).[1] It is… …   Wikipedia

  • Liste der Verkehrs- und Sonderlandeplätze in Deutschland — Die Liste der Verkehrs und Sonderlandeplätze in Deutschland enthält alle Verkehrs und Sonderlandeplätze in Deutschland, die derzeit als Verkehrs und Sonderlandeplätze nach der Luftverkehrs Zulassungs Ordnung (LuftVZO) in Verbindung mit § 17… …   Deutsch Wikipedia

  • Liste Des Sigles De L'AAR Débutant Par E — Voir l article principal: Sigle de l AAR E EACH East Camden and Highland Railroad EACU East Asiatic Company EAGX Eaglebrook, Inc. EARY Eastern Alabama Railway EASO EASX Corporation EASU Waterfront Container Leasing Company EASZ Waterfront… …   Wikipédia en Français

  • Liste des sigles de l'AAR débutant par E — Voir l article principal: Sigle de l AAR E EACH East Camden and Highland Railroad EACU East Asiatic Company EAGX Eaglebrook, Inc. EARY Eastern Alabama Railway EASO EASX Corporation EASU Waterfront Container Leasing Company EASZ Waterfront… …   Wikipédia en Français

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.