Friday, May 18, 2012
Options Trader Alert #2012 - 32
PHLX and NOM Update NDX Pricing, Effective June 1, 2012
What you need to know:
What is changing in regard to NOM Pricing for NDX?
Effective Friday, June 1, 2012, NOM pricing for NDX will be as follows:
|Customer||Professional||Firm||Non-NOM Market Maker||NOM Market Maker|
|Rebate to Remove Liquidity||$0.40||$0.00||$0.00||$0.00||$0.00|
|Rebate to Add Liquidity||*||$0.00||$0.00||$0.00||*|
|Fee to Add Liquidity||*||$0.70||$0.70||$0.70||*|
|Fee to Remove Liquidity||$0.00||$0.70||$0.70||$0.70||$0.70|
*A Customer and NOM Market Maker will receive a Rebate to Add Liquidity of $0.20 per contract when trading against a Professional, Firm, NOM Market Maker or Non-NOM Market Maker and will pay a Fee to Add Liquidity of $0.65 per contract when trading against a Customer.
Please note, MNX pricing will remain unchanged.
What is changing in regard to PHLX Routing Fees for NDX?
Effective Friday, June 1, 2012, PHLX will be updating Routing Fees for NDX to $0.11 per contract for Customers and $0.81 per contract for Professionals and Firms/Broker-Dealers/Market Makers.
Where can I find more information?
- Refer to the NOM and PHLX pricing pages on the NASDAQ OMX Trader® website.
- Contact Transaction Services U.S. Market Sales at +1 800 846 0477.