Omega Securities Inc. (OSI), the operator of Lynx ATS, is pleased to announce a new pricing schedule for the Lynx marketplace which has been approved by regulators. This change is designed to simplify the pricing structure and improve the experience on Lynx ATS for the entire trading community.
OLD Lynx ATS Pricing
| TSX/Venture Listed Securities | ADD | REMOVE |
|---|---|---|
| TSX/Venture Super Dollar (>=$1) | $0.00015/share | $0.00015/share |
| TSX/Venture Sub Dollar (<$1) | -$0.0001/share | $0.0002/share |
| Max fee cap of $3 per side for Super Dollar |
| CSE Listed Securities | ADD | REMOVE |
|---|---|---|
| CSE Super Dollar (>=$1) | $0.0014/share | -$0.0012/share |
| CSE Sub Dollar (<$1) | $0.0012/share | -$0.0011/share |
NEW Lynx ATS Pricing
| ALL Listed Equity Securities | ADD | REMOVE |
|---|---|---|
| TSX/Venture, CSE, ETF Listed Securities | $0.00/share | $0.0002/share |
| Monthly remove cap of 25 million shares | ||
| Unintentional Crosses $0.00 |
The Lynx ATS will offer a remove cap of 25 million shares per month. All executions on Lynx in excess of this cap will be charged at $0.00/share. The monthly cap is based on remove trading volume only.
With this new pricing model, Lynx ATS will reduce overall trading costs for active traders, by providing a cap we can offer subscribers cost certainty and an attractive model to lower marginal costs of trading. We further believe that the combination of a small spread and a cap will encourage a healthy trading environment and lower overall costs for traders participating.
These pricing changes will become effective on December 2, 2019.
For more information on Lynx ATS please contact: [email protected]
