Search:
   

Wednesday, August 25, 2010

Equity Trader Alert #2010 - 50
NASDAQ Updates Routing Fees to the NYSE Effective September 1, 2010

Markets Impacted:

Contact Information:

What you need to know:

  • Effective Wednesday, September 1, 2010, The NASDAQ Stock Market® (NASDAQ®) will simplify pricing for routing Directed Odd Lots to the New York Stock Exchange (NYSE), pending filing with the Securities and Exchange Commission (SEC).

How are routing fees to the NYSE changing?

Effective Wednesday, September 1, 2010, the fee for routing Directed Odd Lots (including Odd Lot portions of Mixed Lots) will be $0.0021 per share.

This change is subject to filing with the SEC.

Where can I find additional information?

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile