Direct Edge® will introduce the following pricing changes effective Friday, February 1, 2013, pending filing with the Securities and Exchange Commission (SEC).
New Flags on EDGX for Routed Liquidity
Direct Edge will introduce two new flags to EDGX Exchange (EDGX®) for routing liquidity.
Flag |
Description |
Fee Per Share |
RT |
Routed using ROUT routing strategy, removes liquidity |
$0.0030 |
RX |
Routed using ROUX routing strategy, removes liquidity |
$0.0030 |
Updates to Support BATS-Y Pricing Changes on EDGA and EDGX
The following flag will be updated on both EDGA Exchange (EDGA®) and EDGX to reflect changes to the BATS BYX Exchange fee schedule that were effective January 2, 2013:
Flag |
Description |
Fee Per Share |
RY |
Routed to BATS BYX, adds liquidity |
$0.0005 |
More Information
- EDGA Fee Schedule for February 2013 (pending filing with the SEC)
- EDGX Fee Schedule for February 2013 (pending filing with the SEC)