Omega Fee Changes (Effective December 1, 2020)

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 FeeNew Fee
GatewayLiquidity FlagsDescriptionOverDollar FeeSubDollar FeeOverDollar FeeSubDollar Fee
OMGAA or N or 1Add Liquidity on OMGA for ETFs0.00130.00130.0030.001
OMGAR or Y or 2Remove Liquidity on OMGA for ETFs-0.0008-0.0008-0.0025-0.0006
Effective Tuesday, November 10, 2020, the OMEGA Midpoint Peg order type is available again on the Canadian markets. Their gateway fees will be as follows:
GatewayLiquidity FlagsDescriptionOverdollar FeeSubdollar
Fee
OMGAA or N or 1Add Liquidity on OMGA – Hidden Midpoint Peg0.00060.0002
OMGAR or Y or 2Remove Liquidity on OMGA – Hidden Midpoint Peg00

Older Fee Changes

Please be advised that effective Thursday, October 1, 2020, OMEGA changed their fees, as follows.

GatewayLiquidity FlagsDescriptionCurrent FeeNew Fee
OMGAA or N or 1Odd Lot Add0.0010
OMGAR or Y or 2Odd Lot Remove0.0010

 

GatewayLiquidity FlagsDescriptionCurrent FeeNew Fee
OMGAA or N or 1Add Liquidity on OMGA above $10.00280.003
OMGAR or Y or 2Remove Liquidity on OMGA above $1-0.0023-0.0025
OMGAA or N or 1Add Liquidity on OMGA – ETFs0.00280.0013
OMGAR or Y or 2Remove Liquidity on OMGA – ETFs-0.0023-0.0008

If you have any comments or questions, you can create a mojo.

Regards,

Communications Team


*Remember to visit our PPro8 Wiki and Knowledge Base to learn more.

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