NYSE Euronexts U.S. options exchanges, NYSE Arca and NYSE Amex options, announced new rate changes for each market center that became effective April 1, 2010. NYSE Arca options is introducing higher posting credits in premium tier products, tiered customer rebates in non-premium penny pilot issues and a reduction in the LMM rights fees.
NYSE Amex options is introducing a reduced electronic broker dealer rate, a reduced electronic firm rate, tiered pricing for firm proprietary manual trades and the implementation of the Professional Customer designation.
Edward Boyle, Executive Vice President, NYSE Euronext U.S. Options.
We are always focused on building our business by providing our valued customers with greater efficiencies and enhanced incentives to trade on our options exchanges. These pricing adjustments, combined with our other competitive advantages, are designed to retain and attract additional order flow. NYSE Arca and NYSE Amex options are committed to maintaining our leadership position in U.S. equity options trading and these important pricing changes are one key piece of our evolving value proposition to customers.
L.D.