Listing Fees

Executions on NYSE Arca

A

Liquidity adding- Tier 1

$(0.0030)

$(0.0030)

$(0.0023)

A

Liquidity adding- Tier 2

$(0.0029)

$(0.0029)

$(0.0022)

A

Liquidity adding- All Others

$(0.0021)

$(0.0021)

$(0.0022)

A

Liquidity adding- LMM (Arca Listed)

-

-

$0.0040

A

Liquidity Adding for LMM (CADV 5M+)/(1-5M)/(1M-)

(.0035)
(.0040)
(.0045)

(.0035)
(.0040)
(.0045)

(.0035)
(.0040)
(.0045)

R

Liquidity reducing- Tier 1

$0.0030

$0.0030

$0.0028

R

Liquidity reducing- Tier 2

$0.0030

$0.0030

$0.0028

R

Liquidity reducing- All Others

$0.0030

$0.0030

$0.0025

R

Liquidity reducing- LMM (Arca Listed)

-

-

$0.0025

B

Liquidity adding while the order was not displayed

0

0

0

O

Liquidity neutral - orders executed in an auction

Free

Free

Free

Routed Orders

X

Routed to another venue

0.0030

0.0035

0.0035

F

Routed to NYSE where the order was liquidity adding at NYSE

(0.0150)

N/A

N/A

N

Routed to NYSE where the order was liquidity taking at NYSE

*

N/A

N/A

C

Routed to NYSE where the order participated in the opening or re-opening

Free

N/A

N/A

Tape A, B, C

(A)

GTC TIF greater than 1 day receives no rebate despite liquidity flag

(N)

(fee) for orders routed outside the Book to the NYSE

$0.0025

(N)

(fee) for PO+ orders routed to the NYSE that remove liquidity

$0.0023

(N)

(fee) for PSO Orders routed outside the book to the NYSE

$0.0021

(O)

(fee) for MOC & LOC orders executed in the closing auction on NYSE Arca primary

$0.0010

(O)

(fee) for PO+ MOC & LOC orders routed to the NYSE Amex

$0.0085

(O)

(fee) for PO+ MOC & LOC Orders routed to the NYSE

$0.0085

(A)

MPL Orders (Providing Liquidity)

$(0.0015)

( R )

MPL Orders (Taking Liquidity)

$0.0025

Opening Orders ($10k Monthly cap per ETPID)

$0.0005

STP Pricing

Tape A, B, C

STP Cancel Newest (STPN)

$0.0000

STP Cancel Oldest (STPO)

$0.0000

STP Cancel Both (STPC)

$0.0029 per share (credit) for resting STP orders returned to the ETP Holder

$0.0030 per share (fee) for incoming STP orders returned to the ETP Holder

STP Decrement and Cancel (STPD)

$0.0029 per share (credit) for the portion of the resting STP order returned to the ETP Holder

$0.0030 per share (fee) for the portion of the incoming STP order returned to the ETP Holder

Monthly Fees

Use of all ports that provide connectivity to the equity trading systems ($/pair, up to 5 pairs), thereafter $500 per 10 ports

$100

Sub Dollar Pricing on NYSE Arca*

Liquidity adding

0.00%

0.00%

0.00%

Liquidity reducing

0.10%

0.10%

0.10%

Notes

*Rates in % are as a percent of trade value

* Tier 2: ADV adding of 25 million shares +

** Tier 1: ADV adding of 55 million shares +