
November 30, 2020
Dear Manager,
Effective Tuesday, December 1, 2020, OMEGA will be eliminating the separate trading fee schedule for ETFs. As a result, the trading fees for all ETF executions will be the same as the current fee schedule for all securities traded, as follows:
Current Fee | New Fee | |||||
Gateway | Liquidity Flags | Description | OverDollar Fee | SubDollar Fee | OverDollar Fee | SubDollar Fee |
OMGA | A or N or 1 | Add Liquidity on OMGA for ETFs | 0.0013 | 0.0013 | 0.003 | 0.001 |
OMGA | R or Y or 2 | Remove Liquidity on OMGA for ETFs | -0.0008 | -0.0008 | -0.0025 | -0.0006 |
Gateway | Liquidity Flags | Description | Overdollar Fee | Subdollar Fee |
OMGA | A or N or 1 | Add Liquidity on OMGA - Hidden Midpoint Peg | 0.0006 | 0.0002 |
OMGA | R or Y or 2 | Remove Liquidity on OMGA - Hidden Midpoint Peg | 0 | 0 |
Older Fee Changes
Please be advised that effective Thursday, October 1, 2020, OMEGA changed their fees, as follows.
Gateway | Liquidity Flags | Description | Current Fee | New Fee |
OMGA | A or N or 1 | Odd Lot Add | 0.001 | 0 |
OMGA | R or Y or 2 | Odd Lot Remove | 0.001 | 0 |
Gateway | Liquidity Flags | Description | Current Fee | New Fee |
OMGA | A or N or 1 | Add Liquidity on OMGA above $1 | 0.0028 | 0.003 |
OMGA | R or Y or 2 | Remove Liquidity on OMGA above $1 | -0.0023 | -0.0025 |
OMGA | A or N or 1 | Add Liquidity on OMGA - ETFs | 0.0028 | 0.0013 |
OMGA | R or Y or 2 | Remove Liquidity on OMGA - ETFs | -0.0023 | -0.0008 |
If you have any comments or questions, you can create a mojo.
Regards,
Communications Team
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