Friday, June 30, 2017
Equity Trader Alert #2017 - 146
Nasdaq and BX Pricing Updates Effective July 1, 2017
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Pending filing with the SEC, Saturday, July 1, 2017, Nasdaq will implement the following pricing changes. Update to Nasdaq Membership Fees
Amended Market Maker (“QMM”) ProgramA firm that meets the criteria of Tier 2 under the QMM Program and that has a combined Consolidated Volume (adding and removing liquidity) of at least 3.7% during the month will be assessed a discounted remove fee of $0.0029 in Tapes A and B for shares executed (in securities priced at or greater than $1). Pending filing with the SEC, Saturday, July 1, 2017, BX will implement a new display adding tier. New Display Add Tier:
Please follow Nasdaq on Facebook RSS and Twitter. Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.
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