Market Notice 014-14: Execution Fees


London, 2014-12-23 17:00 CET (GLOBE NEWSWIRE) -- NASDAQ OMX NLX Market Notice: 014-14

Issue Date: 23 December 2014

Effective Date: 2 January 2015 

NASDAQ OMX NLX Execution Fees

This Market Notice details the fees for execution on NASDAQ OMX NLX (“NLX”) for the period 2 January 2015 to 31 March 2015 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 2 January 2015 to 31 March 2015 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 Notice, please contact: 

Christina Shi

Finance

Tel: +44 (0) 203 753 2000

Email: christina.shi@nlx.co.uk


Attachments

NASDAQ OMX NLX Market Notice 014-14.pdf