Direct Edge Trading Notice #14-08: EDGA & EDGX Fee Schedule Changes

Effective Monday, March 3, 2014, EDGA Exchange^SM (EDGA^®) and EDGX Exchange^SM (EDGX^®) will make the following fee schedule changes, pending filing with the Securities and Exchange Commission (SEC).

Flag	Description	Fee for Securities at or above $1.00	Fee for Securities below $1.00
D	Routed or re-routed to NYSE	$0.0026	0.30% of Dollar Value*
U	Routed to LavaFlow	$0.0028	0.30% of Dollar Value*
RW	Routed to CBSX, adds liquidity	$0.0030	0.30% of Dollar Value

*Note: No change in rate for March 2014

More Information

EDGX Fee Schedule for March 2014 (pending filing with the SEC)
EDGA Fee Schedule for March 2014 (pending filing with the SEC)
For more information on the BATS/Direct Edge merger, refer to http://www.bats.com/edgeintegration.