Risk Management, set parameters to help manage the risk of over-executions
Data for Feb 25 Tape A
(NYSE)
Tape B
(Regionals)
Tape C
(Nasdaq)
Total
BZX Exchange Volume* 337,420,323 209,514,572 201,973,056 748,907,951
BZX Exchange % Market* 8.47% 14.30% 10.45% 10.14%
BYX Exchange Volume* 75,539,492 29,030,405 34,800,675 139,370,572
BYX Exchange % Market* 1.90% 1.98% 1.80% 1.89%
Matched volume; doesn’t include trades routed to other market centers.
(Data delayed at least 20 minutes)

Take advantage of standard pricing plus incentives for a better trading experience.

Standard Pricing + Market Quality Incentives = Making Markets Better
Standard Pricing Adding Liquidity Removing Liquidity Routing Out
BZX Exchange up to +$.0029 -$.0029 -$.0020 / $.0029*
BYX Exchange as low as -$.00025* Free / +$.0002 -$.0020 / $.0029*
Market-Quality Incentives
BZX Exchange NBBO Setter additional +$.0002 rebate**
BYX Exchange NBBO Setter additional +$.0001 savings**
  • *See the Fee Schedule for non-standard charges.
  • **Eligibility determined by ADV as a percent of TCV per the Fee Schedule.

02/04/13 U.S. Equities Market Share 11.7% in January, Up From 11.1% One Year Ago

01/04/13 Reports Yearly Average of 11.9% in U.S. Equities; 3.3% in U.S. Options

12/11/12 ProShares Becomes Second ETF Family to List Products on BATS Exchange

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