Omega Securities Inc. (OSI), the parent company of Lynx ATS, has decided to re-structure the Lynx Pricing Schedule. This was decided after much thought to improve and simplify the experience on Lynx for the entire trading community across all facilitated symbols.
OLD Lynx ATS Pricing
| Volume | Passive | Active | |
|---|---|---|---|
| A | 3 mm+ | -$0.0006 | $0.0010 |
| B | 0 – 2.99mm | -$0.0011 | $0.0015 |
NEW Lynx ATS Pricing
| Passive | Active | |
|---|---|---|
| ≥$1.00 | $0.00015/share | $0.00015/share |
| *Max. fee cap of $3/trade | ||
This new symmetrical pricing model streamlines the Lynx Pricing Model in a way that we feel will be advantageous to all traders: the maximum fee cap of $3 per trade is designed to provide price certainty for those who trade large blocks, and the reduced spread is cost effective. The subdollar pricing schedule will remain unchanged.
These pricing changes will go in to effect on May 1, 2017.
For more information on Lynx ATS please contact: [email protected]
