Source: National Stock Exchange
National Stock Exchange (NSX) has introduced a new tool, the NSX Cost Savings Calculator, that enables customers to instantly calculate their annual Exchange/ECN fees and compare costs across marketplaces.
Available on NSX's website, the new Calculator underscores NSX's commitment to full transparency.
"NSX's Cost Savings Calculator enables our customers to quickly determine the impact different Exchange/ECN fees have on their costs on an annualized basis," said Michael Traynor, NSX Chief Strategy Officer. "By simply entering their average daily volumes, customers can instantaneously approximate their costs and savings across major market centers. This quick and easy tool is another way NSX is bringing clarity to the issue of industry pricing, an area that has become increasingly difficult to monitor."
Last month, NSX introduced the NSX Industry Pricing Matrix on its website, a simple grid designed to help the industry view up-to-date pricing schedules in a reader-friendly format.