ISE Rethinks Rebate Rates

An ISE spokesperson says the changes-which came into effect last month-mean that exchange members will know their rebates upfront, enabling them to easily conduct cost-benefit analysis as they trade. Previously, members received a lump-sum market data rebate at the end of the quarter, according to the ISE's rule filing last week.

The rebate for equity orders adding liquidity for securities trading at or above $1 has been increased from $0.0025 to $0.0032. Rebates for equity orders from order-

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: