Wall Street Letter VOL. XLV, NO. 29 - Sept. 16, 2013 | Page 10

19 – 25 SEPTEMBER 2013

WEEK COMMENCING 16 SEPTEMBER 2013
NAME OF EXCHANGE Chicago Board Options Exchange SUMMARY OF CHANGE Establishes fees for complex order book data feed

SUMMARY OF FEE CH ANGES AT E XCH ANGES
NEW FEE CHANGED FROM

SOURCE: EXCHANGE RULE FILINGS

EFFECTIVE DATE Oct. 1

EXPLANATION

$3,000 per month; $25 user fee per month per device or user ID for professional users; $1 user fee per month for non-professional users

N/A

The COB data feed includes best bid and offer quotes for CBOEtraded complex order strategies and executed CBOE complex order trades. Fee would be waived for customers of BBO data feed, in which case they would pay $5,000 per month for the BBO feed and have rights to redistribute the COB data feed. User fees would be capped at $2,000 per month. Trades on the open will be charged $0 to make or take in RUT.

C2 Options Exchange

Establishes fees for RUT options for simple, noncomplex orders

$0.75 per contract rebate to make/$0.80 per contract to take for Public Customers; $0 to make/$0.80 per contract to take for C2 Market Makers; $0.50 per contract fee to make/$0.80 per contract fee to take for Professionals, Customers, Firms, Broker-Dealers, non-C2 Market Makers, JBOs, and all other origins $0.75 per contract rebate to make and take for Public Customers; $0.85 per contract fee to make and take for C2 Market Makers, Professional Customers, Firms, Broker-Dealers, non-C2 Market Makers, JBO and orders from all other origins $0.30 per contract

N/A

Sept. 3

10

Establishes fees for RUT options for complex orders

N/A

Sept. 3

Trades on the open will be charged $0 to make or take in RUT.

Establishes index license surcharge fee for RUT options Establishes fees for complex order book data feed

N/A

Sept. 3

Intends to recoup cost of licensing index for RUT.

$500 per month; $25 user fee per month per device or user ID for professional users; $1 user fee per month for non-professional users

N/A

Oct. 1

The COB data feed includes best bid and offer quotes for C2-traded complex order strategies and executed C2 complex order trades. Fee would be waived for customers of BBO data feed, in which case they would pay $1,000 per month for the BBO feed and have rights to redistribute the COB data feed. User fees would be capped at $500 per month. Intended to attract additional order

Nasdaq Options Market

Amends two tiers for Customer and Professional rebates to add liquidity

Tier 6: $0.45 per contract rebate for participants with total volume of 115,000 or more contracts per day in a month, of which 25,000 or more contract per day in a month must be Customer and/or Professional liquidity; Tier 7: $0.47 per contract rebate for participants with total volume of 150,000 or more contracts per day in a month, of which 50,000 or more contracts per day in a month must be Customer and/or Professional liquidity

Tier 6: $0.45 per contract rebate for participants with total volume of 130,000 or more contracts per day in a month, of which 25,000 or more contract per day in a month must be Customer and/or Professional liquidity; Tier 7: $0.47 per contract rebate for participants with total volume of 175,000 or more contracts per day in a month, of which 50,000 or more contracts per day in a month must be Customer and/or Professional liquidity

Immediately

DISCLAIMER: Most fee changes are effective upon filing. WSL notes fee highlights here, but additional changes may be made post publication. Please visit exchange websites for the latest fee changes.