Tuesday, September 04, 2012
Options Trader Alert #2012 - 49
PHLX Update Pricing, Effective September 4, 2012
Markets:Contact Information:
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What you need to know:
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What is changing on PHLX in regard to Fees?
Firm electronic Options Transaction Charges in Penny Pilot and non-Penny Pilot Options (excluding Select Symbols and Singly-Listed Options) will continue to be reduced to $0.13 per contract and will also be further reduced to $0.00 for electronic Complex Orders that add liquidity for a given month provided that a Firm has volume greater than 600,000 electronically-delivered contracts in a month ("Electronic Firm Fee Discount"). The Electronic Firm Fee Discount will apply per member organization when such members are trading in their own proprietary account.
Where can I find more information?
- Contact Transaction Services U.S. Market Sales at +1 800 846 0477.
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