Tradelogiq Markets Inc. is pleased to announce that we have received regulatory approval for a refinement to the new Lynx ATS fee schedule implemented earlier this month.
As a result of participant feedback, the active fee and passive rebate will be reduced by $0.00005 for ETF trading on Lynx ATS. The change will take effect June 1, 2022.
Please find below the updated fee schedule for equity board lot trading on Lynx ATS as at June 1st:
| Category | Liquidity Providing (Rebate) | Liquidity Removing (Fee) |
|---|---|---|
| >= $1 – Interlisted | ($0.00235) | $0.00255 |
| >= $1 – Non-Interlisted | ($0.00115) | $0.00135 |
| ETFs | ($0.00145) | $0.00165 |
| Below $1 | ($0.0002) | $0.0004 |
| Midpoint Execution | Free | $0.0002 |
Trading fees for all other product categories remain unchanged and can be viewed here.
Following the change, Lynx ATS will continue to provide the highest base rebate for ETF liquidity provision while offering the opportunity for reduced active trading costs relative to competitors.
The refinement announced today is part of our ongoing efforts to increase the value that Lynx ATS offers to the Canadian trading environment. We expect this change will better serve participants when trading ETFs on Lynx ATS.
Should you have any questions, please direct them to [email protected].
Regards,
