@MEMXTrading unveils aggressive pricing to take on NYSE, Nasdaq; like Bats in 2007, it will pay more in rebates than it collects in fees, losing money initially to build liquidityhttps://www.businesswire.com/news/home/20200910005183/en/Members-Exchange-Unveils-Transaction-Pricing …
Thanks for sharing. It's extremely costly to build that initial network effect, but if they break into the business and get enough market share, the rewards will more than offset the startup costs.
