Refinitiv uses rebates and speed to drive Matching liquidity
LSEG arm takes carrot-and-stick approach to market-making on primary venue
Refinitiv has launched a market-making rebate scheme that it hopes will boost trading volume on its Matching and Pricestream venues. The financial markets data and infrastructure arm of the London Stock Exchange Group will reduce the amount that brokerage dealers need to pay if they reach a certain level of market-making.
Users of the Matching central limit order book – one of two primary venues for trading spot currencies, along with EBS Market – will also need to ensure that market-making
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