Fees going up on listed

Philly:

add: + .002-.0026
Take: .0026-.003
Route: .0036

 

I would also appreciate confirmation of this. Is the 5 minute rule gone?? Does this apply to ETFs also??

 

Yes, I'd like a link to a statement from the exchange pointing this out if someone has one. So far the few firms I've contacted have not adjusted for this change, and don't seem to know about it.

 

Yes the 5 minute fee is gone, not sure about ETFs.

 

Now that alot of exchanges are going public I suspect that all fees and commissions will keep going up so they can beat estimates and the insiders can get filthy rich from their stock grants, as the consumers get the shaft, ah yes you gotta love the free markets.

 

Will be similar to nasdaq in no time.

 

ISE Equities

add: .0025
take: .003
route: .003


http://isestock.com/documents/fees.pdf

 

Can anyone give a link saying that the 5 min billable rule has been removed?

 

Read the post that started this thread guys. It is a copy of the news release posted on the NYSE website,


"In conjunction with this filing, the NYSE will eliminate specialist commissions on transactions in their assigned NYSE-listed securities, including exchange traded funds (ETFs), and will implement a transaction revenue sharing program with specialist firms and also reduce specialists’ fixed costs through the elimination of certain fees[1]. NYSE Arca transaction pricing remains unchanged. "

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