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Direct Edge Trading Notice #13-06: Fee Schedule Changes For EDGA And EDGX Effective February 1, 2013

Date 29/01/2013

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


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