There are no execution costs for orders that add liquidity (posted orders) to the ArcaEdge book. Executions that remove liquidity from the ArcaEdge book or are routed for execution are competitively priced as follows:
For securities with share prices < than $1.00:
The fee for orders that remove liquidity is $0.00003 per share.
The fee for orders that are routed outside of the ArcaEdge book is $0.00008 per share.
For securities with prices > than or equal to $1.00:
The fee for orders that remove liquidity is $0.003 per share.
The fee for orders that are routed outside of the ArcaEdge book is $0.004 per share.