• The rebate for qualifying SLPs providing liquidity will be $0.0031 per share from $0.0021, including displayed and non-displayed orders. The fee for SLPs taking liquidity will go to $0.0023 per share from $0.0013.

NYSE Amex Tape C Block Rebate - NYSE Amex is introducing a Block Rebate of $0.0036 per share (“Block Rebate”) in Tape C securities to all clients and SLPs that display large liquidity. The Block Rebate will be paid to orders that provide liquidity and originally display a minimum of 5,000 shares in stocks priced at least $5.00 per share. Orders that are reduced by cancellation to less than 5,000 shares displayed prior to execution will not qualify for the block rebate. Examples of the Block Rebate:

• If a 10,000 share order priced above $5.00 displays 10,000 shares, and is then partially executed in the amount of 4,000 shares, the executed 4,000 shares receive the Block Rebate. The remaining 6,000 shares are still eligible for the Block Rebate.
• If a 10,000 share order priced above $5.00 displays 10,000 shares, and is then partially canceled in the amount of 6,000 shares, the remaining 4,000 shares will not be eligible for the Block Rebate and would receive the regular client, SLP rebate when traded.
• If a 10,000 share order priced above $5.00 displays 10,000 shares, and is then partially executed in the amount of 2,000 shares, the executed 2,000 shares receive the Block Rebate, and the remaining 8,000 shares are still eligible for the Block Rebate. However, if the client then cancels 6,000 shares, the remaining 2,000 shares are not eligible for the Block Rebate and will receive the regular client, SLP rebate when traded.

NYSE and NYSE Amex Port Fee - Monthly fee for the use of all ports that provide connectivity to the equity trading systems will be $100 per pair per month up to five pairs, then $500 for each additional five pairs. Billing for ports will be based on the number of ports on the third Business day prior to the end of the month.
All other pricing remains unchanged.
Trader Update – Fees Changes Effective October 1

If you have questions regarding new order types please contact your Relationship Manager at rmteam@nyx.com.