Omega ATS now offers pricing discounts based on monthly volumes. Omega’s “Break Point Program” is a unique tiered pricing schedule. It’s so unique in fact, that it’s the only pricing model like it in Canada. Unlike other ATS’s and exchanges that offer little to no incentive for reaching volume benchmarks, Omega ATS offers discounts to liquidity providers based on the overall volume of the Broker/Dealer.
The highlights of the plan are:
- Omega will include “active” and “passive” trades in your volumes toward making the tiers
- Omega already offers “free” trading to active participants
- Omega will discount the liquidity providing fee based on the volume of shares traded on Omega ATS during that month for the given Participating Organization (based on PO#)
- Omega ATS continues to offer the lowest latency on our Canadian designed matching engine
The Break Point Program is available to all Omega ATS subscribers. There are no pre-qualifications, if a subscriber trades sufficient shares within a calendar month to meet a tier level they will qualify for a discounted rate on all shares traded that month. Omega will begin tracking volumes for individual Broker/Dealers starting June 1st, 2012 and the Break Points are as follows:
| Equities at or Above $1.00 | Equities Below $1.00 | |||
|---|---|---|---|---|
| ADD | Remove | ADD | Remove | |
| Break Point - 1 (0 - 125MM) | $ 0.0006/share | $ 0.00 | $ 0.0002/share | $ 0.00 |
| Break Point - 2 (125MM - 250MM) | $ 0.0004/share | $ 0.00 | $ 0.0002/share | $ 0.00 |
| Break Point - 3 ( 250MM+ ) | $ 0.0003/share | $ 0.00 | $ 0.0001/share | $ 0.00 |
“As part of our commitment to lower overall trading costs in Canada, we now offer this incredible tiered incentive program to all our subscribers” states newly appointed President and CEO of OmegaATS, Brian Crew. “Not only is Omega the only free ATS for ‘Active’ equity orders in Canada” Crew continued, “but now we are reducing pass-through costs for our subscribers on the ‘Passive’ side from the first board lot they trade”.
For details about Omega’s new tiered pricing schedule and the discounts offered please contact Sean Debotte, Director of Business Development at 647-463-2130 (Direct) [email protected]
Or visit our website at:
www.omegaats.com
