GEMINI Exchange Fees

Public Customer Broker-Dealer Firm Away MM Joint Back Office Professional
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Liquidity		 Add
Liquidity		 Remove
Liquidity		 Add
Liquidity		 Remove
Liquidity		 Add
Liquidity		 Remove
Liquidity		 Add
Liquidity		 Remove
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Liquidity
Penny Pilot Options USD 0.482 USD (0.35) USD 0.50 USD (0.20) USD 0.50 USD (0.20) USD 0.50 USD (0.20) USD 0.50 USD (0.20) USD 0.50 USD (0.20)
NDX USD 0.50 USD 0.50 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
Non-Penny USD 0.85 USD (0.80) USD 0.99 USD (0.25) USD 0.99 USD (0.25) USD 0.99 USD (0.25) USD 0.99 USD (0.25) USD 0.99 USD (0.25)
Penny - On Open USD (0.35) USD (0.35) USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50
NonPenny - On Open USD (0.80) USD (0.80) USD 0.99 USD 0.99 USD 0.99 USD 0.99 USD 0.99 USD 0.99 USD 0.99 USD 0.99 USD 0.99 USD 0.99
License Surcharge - NDX1 USD 0.00 USD 0.00 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25
Index Surcharge - NDX3 USD 0.00 USD 0.00 USD 1.00 N/A USD 1.00 N/A USD 1.00 N/A USD 1.00 N/A USD 1.00 N/A

Notes:

  • Rebates are in parentheses.
  • Mini-option symbol fees are charged 1/10 the fee of the standard contract.
  • The On-Exchange ORF rate on GEMINI is USD 0.0008 per contract.
  1. A surcharge of $0.25 per contract will be assessed to all market participants for executions in NDX with a premium price of $25.00 or greater.
  2. Priority Customer Taker Fees will be $0.44 per contract, in Penny Symbols, for the following option symbols: SPY, QQQ and IWM.
  3. A surcharge for NDX will be assessed to electronic simple Non-Customer orders that remove liquidity according to the following premium schedule.
    Trade Price > 0 – USD 1.00
    Trade Price > 3 – USD 1.50
    Trade Price > 10 – USD 2.00
    Trade Price > 25 – USD 2.50
    Trade Price > 50 – USD 3.00