Lynx ATS
Trading Fees
Effective March 1, 2024
Marketplace Subscriber Fees
All Tradelogiq marketplace subscribers are subject to a subscriber fee of $750 per month, which includes access to both Omega ATS and Lynx ATS.
Lynx Transaction Fees
All transaction fees are charged on a fee per share basis unless otherwise noted.
All Equities Including ETFs
| Trades Priced Under $1 | Trades Priced $1 and Over | ||||
|---|---|---|---|---|---|
| Active | Passive | Active | Passive | ||
|
Equities: Interlisted Non-Interlisted |
$0.0004 $0.0004 |
($0.0002) ($0.0002) |
$0.00255 $0.00135 |
($0.00235) ($0.00115) |
|
| ETFs | $0.00165 | ($0.00145) | $0.00165 | ($0.00145) | |
| Midpoint | $0.0002 | Free | $0.0002 | Free | |
Notes:
- Unintentional crosses will be charged at regular Active/Passive rates.
- Intentional crosses are free.
Odd Lots and Listed Fixed Income
| Active | Passive | |
|---|---|---|
| Odd Lot | $0.0010 | $0.0010 |
| Listed Fixed Income | $0.095 / $1,000 par value | ($0.085) / $1,000 par value |
Technology Fees
The following technology fees are charged for client connectivity and for access to Omega ATS and Lynx ATS trading and recovery services.
Subscribers are responsible for arranging and paying for connectivity. Subscribers wishing to cross-connect will be charged the below cross-connect fees which incorporate the amounts charged to Tradelogiq by our data centre provider.
| 1 Gigabyte Connectivity |
$1,000 per month One-time set-up fee of $1,000 per connection |
| 10 Gigabyte Connectivity |
$1,500 per month for the first connection $1,000 per month for each additional connection One-time set-up fee of $1,000 per connection |
| General Testing Environment | No charge |
| FIX Drop Copy Connection | $450 per month |
| Trading Session Bundle (10 free)* | $125 per month |
| Multicast access and recovery | See “Data Feed Access Fees” in the Tradelogiq Market Data Fee Schedule |
*Subscribers are provided 10 production session bundles for accessing Omega ATS and Lynx ATS, free of charge. If a subscriber requires additional sessions, this fee will apply.
