Direct Edge has changed its pricing model to boost trading, Financial Times reports. From August 2011, Direct Edge is planning to use a “maker-taker” pricing model instead of the inverted pricing model, called “taker-maker”.

The move is awaiting approval from the Securities and Exchange Commission. The taker-maker model allows traders to “take” or execute against prices quoted on the exchange, by offering them rebates, while the “maker-taker” provides rebates to trades for creating quotes and charges for executing against them. Direct Edge will still charge six mils or $0.0006 a share in-spite of ending the incentive to “take.”

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