NASDAQ/Island Exchange Fees

Remove Liquidity 1 Add Liquidity 2,3
NASDAQ >= $1.00 per share USD 0.0030 USD (0.0013)
NASDAQ >= $1.00 per share, Non-Displayed USD 0.0030 USD (0.0000)
NASDAQ >= $1.00 per share, Midpoint USD 0.0030 USD (0.0010)
NASDAQ < $1.00 per share Trade Value * 0.0030 USD (0.0000)
NASDAQ < $1.00 per share (Pre-Market) Trade Value * 0.0015 Trade Value * (0.0005)
AMEX >= $1.00 per share USD 0.0030 USD (0.0018)
AMEX >= $1.00 per share, Non-Displayed USD 0.0030 USD (0.0000)
AMEX >= $1.00 per share, Midpoint USD 0.0030 USD (0.0014)
AMEX < $1.00 per share Trade Value * 0.0030 USD (0.0000)
AMEX < $1.00 per share (Pre-Market) Trade Value * 0.0015 Trade Value * (0.0005)
NYSE >= $1.00 per share USD 0.0030 USD (0.0018)
NYSE >= $1.00 per share, Non-Displayed USD 0.0030 USD (0.0000)
NYSE >= $1.00 per share, Midpoint USD 0.0030 USD (0.0014)
NYSE < $1.00 per share Trade Value * 0.0030 USD (0.0000)
NYSE < $1.00 per share (Pre-Market) Trade Value * 0.0015 Trade Value * (0.0005)
Market-on-open USD 0.0015 USD 0.0015
Market-on-open < $1.00 Trade Value * 0.0025 Trade Value * 0.0025
Market-on-close USD 0.0016 USD 0.0016
Market-on-close < $1.00 USD 0.0016 USD 0.0016
Limit-on-open USD 0.0015 USD 0.0015
Limit-on-open < $1.00 Trade Value * 0.0025 Trade Value * 0.0025
Limit-on-close USD 0.0016 USD 0.0016
Limit-on-close < $1.00 USD 0.0016 USD 0.0016
Opening and Closing - Other than those listed above USD 0.0011 USD 0.0011
Cross (IPO/Halt) USD 0.0010 USD 0.0010
Cross (IPO/Halt) < $1.00 USD 0.0010 USD 0.0010

Notes:

  • Rebates are in parentheses.
  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 rebates to add non-displayed midpoint liquidity for shares greater than USD 1.00 will be (0.001) for Nasdaq securities and (0.0014) for NYSE and AMEX securities.