LTSE Slashes Fees for Sub-Dollar Stock Traders
Published Date: 4/17/2026
Notice
Summary
The Long-Term Stock Exchange (LTSE) is changing its fees starting April 1, 2026, to lower the cost for traders who remove orders in stocks priced under $1. This new Sub-Dollar Incentive Program makes trading cheaper for these tiny-priced stocks, helping investors save money. If you trade on LTSE, especially with low-priced stocks, this update affects your transaction costs right away!
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Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Zero taker fee for sub-$1 stocks
If you remove (take) liquidity in stocks priced below $1.00 on the Long-Term Stock Exchange (LTSE), the transaction fee is reduced from 0.20% of TDV to 0.00% of TDV effective April 1, 2026. This Sub-Dollar Incentive Program removes taker fees for those sub-dollar securities on LTSE immediately when implemented.
Liquidity provider rebates stay the same
The Exchange is not changing its existing liquidity provider rebates for securities priced below $1.00 as part of this change. Those rebates remain in place when the Sub-Dollar Incentive Program starts on April 1, 2026.
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