Friday, July 20, 2012
Options Trader Alert #2012 - 48
NOM Assessing Fees to Access BONO and ITTO Ports for All Subscribers, Effective September 3, 2012
What you need to know:
What is changing?
Currently, The NASDAQ Options MarketSM (NOM) assesses fees for connectivity for Best of NASDAQ Options (BONOSM) and ITCH to Trade Options (ITTO) ports to NOM Participants.
Effective September 3, 2012, BONO and ITTO port fees will also be assessed to NASDAQ member and non-member subscribers, in addition to NOM Participants.
Why is NOM implementing this change?
NASDAQ provides the BONO and ITTO market data to improve market quality, attract order flow and increase transparency. In order to obtain BONO and ITTO market data, all subscribers require a BONO and/or ITTO port.
Where can I find more information?
- Contact Transaction Services U.S. Market Sales at +1 800 846 0477.
About the NASDAQ OMX Group: The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.