Take advantage of standard pricing plus incentives for a better trading experience.

Standard Pricing + Market Quality Incentives = Making Markets Better
Standard Pricing - Penny Names Adding Liquidity Removing Liquidity
Customer +$0.25 — 0.50* -$0.45
Firm, Market Maker or Professional Customer +0.40 -$0.47 — 0.48*
Market-Quality Incentives NBBO Setter** Quoting Incentive Program***
Additive Rebate +$0.02 — 0.04* +$0.02 — 0.04*
  • See the Fee Schedule for non-standard routing charges.
  • *Eligibility determined by ADV as a percent of TCV per the Fee Schedule.
  • **Applies only to Firms, Market Makers, and Professional Customer orders.
  • ***Applies only to Registered Market Makers.

12/03/14 20.3% U.S. Equities Market Share, 5.8% U.S. Options Market Share

11/04/14 Former Virtu, Nasdaq Executive to Join New York Office

11/03/14 21.4% U.S. Equities Market Share; 6.5% U.S. Options Market Share; 22.3% European Equities Market Share

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