Wednesday, July 27, 2011
Options Trader Alert #2011 - 36
NASDAQ OMX PHLX Announces New Complex Order Pricing Effective Monday, August 1, 2011
What you need to know:
- Effective Monday, August 1, 2011, NASDAQ OMX PHLXSM (PHLX®) will update Customer Complex Order pricing, subject to filing with the Securities and Exchange Commission (SEC).
What is changing?
Effective Monday, August 1, 2011, Customer Complex Order pricing in AAPL, BAC, C, F, GLD, INTC, IWM, JPM, QQQ, SLV, SPY and XLF (“Designated Options”) will be as follows, subject to filing with the SEC:
- Rebate for Adding Liquidity in Designated Options: $0.26
- Fee for Removing Liquidity in Designated Options: $0.00
As a reminder, a Customer Complex Order will receive a Rebate for Adding Liquidity as part of a Complex Order Live Auction (”COLA”).
Where can I find more information?
- Refer to the PHLX Fee Schedule on the NASDAQ OMX Trader® website.
- Contact Transaction Services U.S. Market Sales at +1 800 846 0477.
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