CHX changes fee structure

Source: CHX

The CHX has implemented a change in its fee structure that will provide a liquidity rebate of .1% of the dollar value of the trade for customers providing liquidity in securities that trade at or under $1.00 on all CHX matching engine activity.

Takers of liquidity will be charged .3% of the dollar value for those trades. This fee change complements the CHX's pricing schedule for stocks above $1.00 that rebates .26 per 100 shares for NYSE and Nasdaq-listed issues and .32 per 100 shares for activity in Tape B securities. The CHX's blend of competitive pricing, a strong technology platform and connectivity to a diverse blend of customers provides an excellent platform for broker-dealers seeking to provide and access liquidity in an open and fully accessible exchange environment.

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