NASDAQ BX Exchange Fees

Remove Liquidity 1 Add Liquidity 2
ETF >= $1.00 (USD 0.0006) 4 USD 0.0020 3
ETF < $1.00 Trade Value * 0.0010 USD 0.0000
NASDAQ >= $1.00 (USD 0.0006) 4 USD 0.0020 3
NASDAQ < $1.00 Trade Value * 0.0010 USD 0.0000
AMEX >= $1.00 (USD 0.0006) 4 USD 0.0020 3
AMEX < $1.00 Trade Value * 0.0010 USD 0.0000
NYSE >= $1.00 (USD 0.0006) 4 USD 0.0020 3
NYSE < $1.00 Trade Value * 0.0010 USD 0.0000
Retail Order / removes RPI liquidity 5 (USD 0.0025) N/A
Retail Order / removes liquidity on NASDAQ BX book 4 (USD 0.0017) 4 N/A
RPI Order 5 N/A USD 0.0025

Notes:

  1. Orders that are immediately executed against an existing bid or offer on an exchange's or ECN's order book.
  2. Adding an order to an exchange or ECN's order book before being executed.
  3. Orders that add non-displayed liquidity will be charged 0.0030 per share.
  4. Orders which remove liquidity and execute against a midpoint will not receive a rebate and not be charged a fee.
  5. RPI orders and retail orders removing RPI liquidity will appear on the statement under the exchange name NASDAQRLP.