Interim Pricing Model
As of 8:30 AM on the first trading day February 3, 2014, Lynx ATS (Lynx) will calculate trading fees using a maker/taker model already approved by the OSC. Lynx ATS has proposed an alternative fee structure (Lynx Dynamic Pricing) for which comment was requested and will close January 17th, 2014. Following the end of the comment period, pending approval by the OSC, Lynx ATS will work with all participants in order to launch Lynx Dynamic Pricing on April 1st, 2014.
As of February Lynx ATS Pricing will be as follows:
| Equities At Or Above $1.00 | Equities Below $1.00 | |||
|---|---|---|---|---|
| LYNX ATS Interim Pricing | Add | Remove | Add | Remove |
| -$0.0031/Share | $0.0035/Share | -$0.0001/Share | $0.0002/Share | |
| Odd Lot Trades | ||||
| $0.0010/Share Per Side | ||||
| Listed Debentures & Notes | ||||
| Add | Remove | |||
| -$0.085/$1000 Face Value | $0.095/$1000 Face Value | |||
| Unlisted Debt Securities | ||||
| Add | Remove | |||
| No Fee | $0.05/$1000 Face Value | |||
Other Charges
Application Fee -No Charge
Testing – No Charge
Order Cancels or Modifications – No Charge
Monthly Subscriber Fee – No Charge
FIX Drop Copy – No Charge
Access/Port – No Charge
Market Data – No Charge
Please review Lynx Proposed Dynamic Pricing using the following link to the OSC request for comment. Here you will find a detailed account of our proposed pricing structure system as well as the opportunity to comment.
For more information please contact us directly at [email protected]
Or visit our website at www.omegaats.com
