London, 2013-11-01 09:12 CET (GLOBE NEWSWIRE) --
Issue Date: 01/11/13
Effective Date: 04/11/13
NLX Incentive Scheme
Introduction
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. NLX has enhanced the competitive landscape by providing highly competitive execution and clearing fees and significant margin efficiencies. Market Notice 002-13 detailed the available execution fees and incentive structures.
Effective 19th August 2013, NLX added an incentive scheme detailed in Market Notice 005-13. This enhancement builds upon that scheme and the successful development of the market, to differentiate appropriately between the short- and long-end of the interest rate curve.
Please see attached PDF for full details.
For further details about this NASDAQ OMX NLX Notice, please contact:
Chris Rutt
Tel: +44 (0) 207 065 8149
Email: chris.rutt@nlx.co.uk
