Wall Street Letter VOL. XLV, NO. 30 - Sept. 23, 2013 | Page 10

26 SEPTEMBER – 2 OCTOBER 2013

SUMMARY OF FEE
CH ANGES AT E XCH ANGES

SOURCE: EXCHANGE RULE FILINGS

WEEK COMMENCING 23 SEPTEMBER 2013
NAME OF
EXCHANGE

SUMMARY OF
CHANGE

NEW FEE

CHANGED FROM

EFFECTIVE
DATE

Chicago Board
Options
Exchange

Amends appointment cost for
IWM

$0.25

$0.50

Sep 17

Appointment cost is being reduced
after an evaluation of competition and volume, and in order to
encourage Market Makers to select
appointments in this class.

Establishes fees
for installation,
relocation and
removal of

$175 installation fee; $225 relocation fee; $125 removal fee

N/A

Sep 17

Fees are currently being charged
but are being added to the schedule for clarity.

EXPLANATION

terminals

MIAX Options

$100 for all registrations except
Series 56; $60 for Series 56
registration

N/A

Immediately

Responds to the introduction of
the Proprietary Trader Continuing
Education Program.

Nasdaq
Options
Market

10

Establishes continuing education
fees
Amends SQF
Port fee

$550 per port, per month

$550 per port, per month, per
mnemonic

Oct 01

Eliminates the consideration of the
number of users, account numbers
or mnemonics for each SQF port.
Intended to encourage NOM
Market Makers to make markets
on NOM.

NYSE Arca

Establishes rebate for Market
Maker Select
Tier

$0.32 per contract rebate

N/A

Oct 01

Market Makers qualifying for the
Select Tier must electronically execute 30,000 contracts on average
per day in all issues. Intended to
encourage Market Makers to post
greater volumes in all issues.

Amends general
options and trading permit fees
for lead Market
Maker rights

$125 per month for 0-100 average
national daily customer contracts;
$45 per month for 101-1,000
average national daily customer
contracts; $75 per month for 1,0012,000 average national daily customer contracts; $200 per month
for 2,001-5,000 average national
daily customer contracts; $375 per
month for 5,001-15,000 average
national daily customer ?????????(????????????????????????????)?????????????????????????)?????????????????????????)?????????????????????????????)???????????????????((????????????????????)?????????????????????????)??????????????????????(????????????????????????????)???????????????????????)??????????????????????)????????????????????????????(????????????????????????)?????????????????????????)????????????????????????(??????????????????????????)????????????????????????)??????????????????????????)?????????????????????????)????????()=????()Q?????????????????????????)?????????????????????????)????????????????????????????)??????????????Q????????)????????????????????5????)5???????????????????????????)???????????????????=????)????????????????????????????)????????????5????5?????????)????=????()????????????????????????)????((?????????????????????????)?????????????L????????????????????????????)L?????????????????????()8?()=??????()L????????????????????????)?????????????????????????)?????????????????????????)????????????9eM?5-P?()???????????)???M??????)??????((???????M????????()8?()=??????()????????????9eM?5-P?()????????)????????)5????5????)M????Q???((?????????????????((????????????????()=????()??????????????????A????)A???????????????MAd??%??????)???????????5????5??????)??????????????????????????()%M
1%5H??5??????????????????????????????????????]M0?????????????????????????????????????????????????????????????????????A????????)??????????????????????????????????((