LTSE Updates Rebates for Higher-Priced Stock Trades
Published Date: 3/17/2025
Notice
Summary
The Long-Term Stock Exchange (LTSE) just changed its fee schedule to update rebates for trades involving stocks priced $1 or more. This change started on March 3, 2025, and affects anyone trading on LTSE by tweaking how much money they get back for adding liquidity. The SEC is keeping an eye on it and asking for public feedback to make sure it’s fair and smooth.
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Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
LTSE Changes Rebates for $1+ Stocks
The Long-Term Stock Exchange changed its fee schedule to modify rebates for transactions in securities priced at or above $1.00 per share that add displayed liquidity on the Exchange. This change became effective on March 3, 2025, and applies to anyone who trades on LTSE and provides displayed liquidity.
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