National Stock Exchange: Pricing Change For Orders Routed And Executed At Away Trading Centers

National Stock Exchange, Inc. (“NSX” or the “Exchange”) is issuing this Information Circular to provide notice to Exchange Equity Trading Permit (“ETP”) Holders that, subject to review by the Securities and Exchange Commission, the Exchange is reducing the fee assessed for orders routed and executed at away trading centers (“Orders Routed Away”).

Effective March 3, 2014, the fee for Orders Routed Away will be reduced to $0.0025 per share for executions in securities priced equal to or above one dollar.  Orders Routed Away that execute at a price less than one dollar will continue to be assessed a fee equal to 0.30 percent of the trade value.