London, 2014-03-28 17:00 CET (GLOBE NEWSWIRE) --
Issue Date: 28/03/14
Effective Date: 01/04/14
NASDAQ OMX NLX Execution Fees
NASDAQ OMX NLX Limited (“NLX”) offers a range of both short-term interest rate (“STIRs”) and long-term interest rate (“LTIRs”) euro- and sterling-based listed derivative products.
This Market Notice details the fees for execution on NLX for the period 1st April 2014 to 30th June 2014 inclusive.
The NLX Execution Fee Structure
NLX execution business is subject to a single headline fee, per lot per side for Short Term Interest Rate Futures (Euribor and Sterling) and Long Term Interest Rate Futures (Long Gilt, Schatz, Bobl and Bund).
For the period 1st April 2014 to 30th June 2014 inclusive, the following fees will be charged to all Participants:
| GBP Products | EUR Products | |
| Short Term Interest Rate Futures (“STIRs”) | 1.0p | 1.25c |
| Long Term Interest Rate Futures (“LTIRs”) | 1.0p | 1.25c |
Invoicing
NLX execution fees will be charged in currency of product, and will be invoiced and billed to Clearing Participants at the beginning of the calendar month after that in which they were incurred (“M+1”). The invoice will be calculated using the headline fees above.
Where the execution fees above change, this will be notified to the market by Market Notice.
For further information in relation to this NASDAQ OMX NLX Notice, please contact:
NLX
Tel: +44 (0) 207 065 8113
Email: chris.rutt@nlx.co.uk
