August 14, 2020
Page Contents
Canadian F Shares on OTC
Effective Friday, August 14, 2020, traders can enjoy enhanced liquidity with new fees when trading Canadian F shares on OTC (PPro8 gateway: LINK).
These are Canadian interlisted securities with five-letter tickers ending with the letter F, and with the following fees:
| Gateway | Liquidity Flags | Description | Fee |
| LINK | P | LINX Canadian F over 1 dollar | 0.003 |
| LINK | P | LINX Canadian F between 0.01 and 1 dollar | 0.00003 |
| LINK | P | LINX Canadian F less than 0.01 dollar | 30 BP |
Traders can filter Canadian F symbols on the OTC Stock Screener page by selecting Foreign Ordinary Shares under Security Types and Canada under Country. Click here for a PDF with more information about OTC F shares.
Older Updates
April 1, 2020
New promotional rate - $.0021 rebate per share executed above $1.00 on OTCX (Destination: LINK)
Dear Manager,
Starting Wednesday, April 1, 2020, and continuing on until the end of June, OTC Link is offering a new fee structure at a promotional rate exclusively for DTTW™ traders.
OTCX provides access to greater liquidity, auto-ex functionality (80% of non-internalized activity), and is fully anonymous for trading over-the-counter securities.
Fee Schedule Above $1.00:
- Add Rebate $0.0021 per share
- Remove Fee $0.0034 per share
- Route Away Fee $0.004 per share
Active Over-the-Counter Symbols: TCEHY.PK, GBTC.PK, FNMA.PK, FMCC.PK, RHHBY.PK, NTDOY.PK, EADSY.PK
Available Order Types: Limit, Midpoint, Reserv
| Market | Gateway | Liquidity Flags | Description | Current Fee | New Fee |
| OTC Pink | LINK | A | Adding liquidity on overdollar symbols | -0.0021 | -0.0025 |
| OTC Pink | LINK | L or X | Routed overdollar symbols | 0.00385 | 0.004 |
March 1, 2018
Please be advised that effective Thursday, March 1, 2018, the OTC LINK gateway introduced a fee for a new liquidity flag, as follows:
| Liquidity Flags | Over Dollar Fee | Below Dollar Fee |
| L | 0.00385 | 0.00055 |
OTC LINK Route
Away Fee Update
In Addition, We have been working with our execution provider to enable the OTC LINK gateway to route away when crossing another lit venue.
OTC LINK now becomes the less expensive alternative for aggressive orders routing away.
| Route Away Fee Comparison | |||
| Fee Description | OTC LINK Fees | ARCE Fees | DBOT Fees |
| Route away >=$1 | 0.00385 | 0.0045 | 0.0049 |
| Route away <$1 | 0.00055 | 0.00058 | 0.00098 |
Let us know if you have any questions or comments by creating a mojo.
With thanks,
Communications Team
*Remember to visit our PPro8 Wiki and Knowledge Base to learn more.
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