Omega Fee Changes (Effective December 1, 2020)

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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
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:
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


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

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