Search:
   

Tuesday, July 31, 2018

Equity Trader Alert #2018 - 56
Nasdaq and Nasdaq BX Pricing Updates Effective August 1, 2018

Category:

  • Pricing

Markets Impacted:

Contact Information:

Resources:

Pending filing with the SEC, the following pricing changes will be effective Wednesday, August 1, 2018 for Nasdaq BX

BX Changes

The current rebates to remove for BX will be updated to:

Shares Executed At or Above $1.00 Per Share Executed Liquidity Code
Rebate to Remove Liquidity
Firms removing at least 0.20% TCV and remove 20% more than the firm removed in May 2018 Tape A: $0.0018 Tape B: $0.0019 Tape C: $0.0018 R
Firms executing (i) a Total volume (adding + removing) of 0.50% TCV; and (ii) 20% more total volume than in July 2018 as a % of TCV. A minimum of 30% of the additional total volume must be Add volume Tape A: $0.0018
Tape B: $0.0019
Tape C: $0.0018		 R
Firms removing at least 0.10% TCV $0.0017 R
Firms removing at least 0.065% TCV $0.0015 R
All other firms $0.0001 R

Pending filing with the SEC, the following pricing changes will be effective Wednesday, August 1, 2018 for Nasdaq

Nasdaq Changes

Updated M-ELO pricing:

M-ELO executions are now $0.0000 per share executed.

Update to QMM Program:

QMMs that meet the criteria of Tier 2 and have a combined Consolidated Volume (adding and removing liquidity) of at least 3.7% and execute 0.25% MOC/LOC 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).

Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

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.

View NASDAQTrader.com Mobile