Effective Tuesday, April 1, 2014, EDGA ExchangeSM (EDGA®) and EDGX ExchangeSM (EDGX®) will update the rate for the following flags, pending filing with the Securities and Exchange Commission (SEC).
|
Flag |
Exchange |
Description |
Fee/(Rebate) Securities at or above $1.00 |
|
O* |
EDGA & EDGX |
Routed to listing exchange’s opening cross |
0.0010 |
|
BY |
EDGA |
Routed to BATS BYX Exchange using routing strategies ROUC, ROUE, ROBY, ROBB, or ROCO |
(0.0016) |
|
BY |
EDGX |
Routed to BATS BYX Exchange using routing strategies ROUC, ROUE or ROBY |
(0.0016) |
|
RY |
EDGA & EDGX |
Routed to BATS BYX, adds liquidity |
0.0018 |
*The cap for Flag O will increase to $20,000 per month per Member.
More Information
- EDGA Fee Schedule for April 2014 (pending filing with the SEC)
- For more information on the BATS/Direct Edge merger, refer to http://www.bats.com/edgeintegration/.
