NASDAQ/Island Exchange Fees

Remove Liquidity 1 Add Liquidity 2
ETF >= $1.00 per share USD 0.0030 (USD 0.0021)
ETF >= $1.00 per share, Non-Displayed USD 0.0030 (USD 0.0005)
ETF < $1.00 per share Trade Value * 0.0030 (USD 0.0000)
NASDAQ >= $1.00 per share USD 0.0030 (USD 0.0021)
NASDAQ >= $1.00 per share, Non-Displayed USD 0.0030 (USD 0.0000)
NASDAQ < $1.00 per share Trade Value * 0.0030 (USD 0.0000)
AMEX >= $1.00 per share USD 0.0030 (USD 0.0021)
AMEX >= $1.00 per share, Non-Displayed USD 0.0030 (USD 0.0005)
AMEX < $1.00 per share Trade Value * 0.0030 (USD 0.0000)
NYSE >= $1.00 per share USD 0.0030 (USD 0.0021)
NYSE >= $1.00 per share, Non-Displayed USD 0.0030 (USD 0.0005)
NYSE < $1.00 per share Trade Value * 0.0030 (USD 0.0000)
Special Pricing Stocks, Displayed only 4 Trade Value * 0.0030 (USD 0.0029)
Market-on-open USD 0.0015 USD 0.0015
Market-on-open < $1 Trade Value * 0.0030 Trade Value * 0.0030
Market-on-close USD 0.00135 USD 0.00135
Market-on-close < $1 Trade Value * 0.0030 Trade Value * 0.0030
Limit-on-open USD 0.0015 USD 0.0015
Limit-on-open < $1 Trade Value * 0.0030 Trade Value * 0.0030
Limit-on-close USD 0.00135 USD 0.00135
Limit-on-close < $1 Trade Value* 0.0030 Trade Value* 0.0030
Cross USD 0.0010 USD 0.0010
Cross < $1 Trade Value * 0.0030 Trade Value * 0.0030

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. The rebate to add non-displayed midpoint liquidity will be (0.001) for Nasdaq securities and (0.0014) for NYSE and AMEX securities.
  4. Stocks subject to increased add liquidity rebate will be: EEM, EWJ, GDX, IWM, NUGT, SPY, UWTI, VXX, XIV and XLF.