Cover Story: Reversal of Fortune
Options Market Makers Catch a Break on Fees as Customers Pick Up More of the Tab
Traders Magazine, July 2010
For most of their history, the nation's options exchanges have looked to market makers for their revenues. In return for a dominant role at the exchanges, market makers paid the lion's share of the fees. Customers, on the other hand, traded for free. That arrangement is now breaking down.
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