Omega ATS’s Breakpoint Pricing provides dealers with discounted liquidity-providing rates based on the overall equities volume executed for a given month.

There is no additional paperwork required to qualify and all subscribers are automatically enrolled. When a tier is reached, the discount will automatically apply to ALL equity trades for the month, not just for trades executed after the tier is reached. The discount will be automatically reflected in that month’s invoice. This pricing applies to all Canadian listed and interlisted equities minus any crosses.

Omega ATS pays a capped rebate of CDN $25,000.00 for intentional crosses on equities and ETFs (“eligible crosses”) printed on Omega ATS in a given month.

A per share rebate of CDN $0.000125/share will be paid to subscribers where total eligible cross volume for the month is less than or equal to 200,000,000 shares.

For months where total eligible cross volume is greater than 200,000,000 shares, the total pool of CDN $25,000.00 will be distributed on a prorated basis.

A per subscriber cap of CDN $12,500 for the month, and a per eligible cross cap of CDN $125 also applies.

Eligible crosses include all intentional cross types on Omega ATS. Eligible cross volume will be single-counted for the purposes of the determination and payment of the rebate.

Unintentional crosses will be charged at regular Passive/Active rates.

Intentional crosses are free.

Note: Non-Professional use only. Per query fees for a Non-Professional User can be capped by the Data Recipient, in any given month, at the applicable monthly subscription rate.

Non-display fees apply when Omega ATS or Lynx ATS market data is consumed by an application that is not for display use.  Applications will be classified as either being for Trading or Analysis purposes. For example, an algorithmic trading application that generates orders in an automated fashion would be classified as Trading usage. Analysis usage is any other application that does not directly generate orders. Non-display fees are charged to the signing entity (firm level) and not based on the total number of applications.

Data feed access fees are applicable to any Data Recipient receiving an Omega ATS or Lynx ATS market data feed, whether directly via multicast through Tradelogiq or indirectly through a data distributor.  The access fee would be based on the total number of feeds to each physical location.

Recovery sessions for Omega ATS and Lynx ATS multicast data feeds are available through unicast and are charged as follows:

Redistribution fees are only applicable to those Data Recipients that further redistribute Omega ATS or Lynx ATS market data to external third parties by way of uncontrolled distribution.