Lowered Access Fees for Key Stocks to Provide Data for Market Structure Improvement
KUALA LUMPUR, Feb. 4 (Bernama) -- Nasdaq (Nasdaq:NDAQ) will launch its experimental pricing program today (2 February 2015) with lower access fees for 14 stocks representing both small and large capitalization companies traded on U.S. equity listings venues.
The program reduces the access fee to five cents per 100 shares from 30 cents per 100 shares in 14 stocks and reduces the rebates for liquidity provision on The Nasdaq Stock Market. This experiment will generate much-needed data about the impact of the level of access fees on areas that matter most to investors and public companies such as the level of off-exchange trading, price discovery, trading costs, displayed liquidity and execution quality.
http://mrem.bernama.com/viewsm.php?idm=23814
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