AppliedNumeric answer

You buy $1{,}000$ shares passively at a bid of $\$50.00$ , earning a maker rebate of $\$0.002$ a share, and later sell them by hitting a bid of $\$50.01$ , paying a taker fee of $\$0.003$ a share. What is your net profit in dollars?

Answer with a number. Fractions, powers and expressions like 23/6 or C(52,5) are read correctly in practice.

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Market structure: the book, the order types and who pays whom

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IMC Trading, Citadel Securities

You buy 1,0001{,}0001,000 shares passively at a bid of $50.00\$50.00$50.00, earning a maker rebate of $0.002\$0.002$0.002 a share, and later sell them by hitting a bid of $50.01\$50.01$50.01, paying a taker fee of $0.003\$0.003$0.003 a share. What is your net profit in dollars?

More market making questions

You buy $1{,}000$ shares passively at a bid of $\$50.00$ , earning a maker rebate of $\$0.002$ a share, and later sell them by hitting a bid of $\$50.01$ , paying a taker fee of $\$0.003$ a share. What is your net profit in dollars?