2025-09974NoticeWallet

NYSE Arca Updates Fees for Primary Only Orders to Texas

Published Date: 6/3/2025

Notice

Summary

Starting May 19, 2025, NYSE Arca is updating its fees and credits for special 'Primary Only' orders sent to NYSE Texas. This change affects traders using these routes by adjusting how much they pay or earn when their orders go to NYSE Texas. It’s all about keeping the market competitive and fair, with clear new costs kicking in right away.

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

New $0.0005/Share Routing Fee

If you are a trader, broker-dealer, or ETP Holder who routes Primary Only (PO) orders in Tape B securities priced at or above $1.00 to NYSE Texas for the opening or closing auction, the Exchange will charge a fee of $0.0005 per share. This fee takes effect May 19, 2025.

No Credit for Liquidity-Adding PO Orders

If you route PO orders in Tape B securities to NYSE Texas that add liquidity, the Exchange will not provide any credit for those orders. This no-credit policy applies to PO Orders routed for execution in NYSE Texas opening or closing auctions and takes effect May 19, 2025.

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Key Dates

Effective Date
Published Date
5/19/2025
6/3/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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