UPDATES AND CHANGES TO NORDIC FIXED INCOME’S CLEARING FEE AND REBATE MODELS FOR BUY-SIDE CUSTOMERS


On June 1st 2016, Nasdaq will introduce the following updates and changes to clearing fees and rebate models for buy-side clients:

  • Reduced settlement fee on clearing of Interest Rate Swap contracts
  • Fee holiday regarding transaction fees on clearing of Interest Rate Swap contracts (until February 1st 2017)
  • Changes to existing rebate models and introduction of a new rebate model for clearing of Repo- and OTC Rates instruments

In addition, Nasdaq will implement the following change to collateral management fees with target date December 1st 2016:

  • Removal of safekeeping fee on over-collateralization

FOR MORE INFORMATION ABOUT THESE CHANGES PLEASE SEE ATTACHED PDF OR FOLLOW LINK TO LATEST NEWS: http://www.nasdaqomx.com/transactions/trading/fixedincome/fixedincome


Attachments

Nasdaq Nordic Fixed Income - New fee rebate models (FINAL3).pdf