Monday, April 30, 2012

Equity Trader Alert #2012 - 18
NASDAQ Updates Trading Rights Fee, Effective Tuesday, May 1, 2012

Markets Impacted:

Contact Information:

What you need to know:

  • Effective Tuesday, May 1, 2012, The NASDAQ Stock Market® (NASDAQ®) will retire the Trade Recording Fee, which was assessed to offset regulatory, clearing and data storage costs.
  • Effective May 1, 2012, the Monthly Trading Rights Fee will increase to $1,000 per firm to replace the Trade Recording Fee.

What is changing?

Historically, NASDAQ has charged a Trade Recording Fee of $0.029 per NASDAQ trade report to offset regulatory, clearing and data storage costs. This fee was waived for firms that executed over 15,000 trades per day on average over the course of the trading month.

Pending filing with the Securities and Exchange Commission (SEC), effective May 1, 2012, for simplicity purposes the Trade Recording Fee will be retired and the fees will be rolled into the Monthly Trading Rights Fee. The new Monthly Trading Rights Fee will be $1,000 per firm.

Where can I find more information?


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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.

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