Exchange Slightly Lowers Trading Rebates for Members
Published Date: 6/16/2026
Notice
Summary
24X National Exchange is changing how it pays rebates to its members who trade stocks priced $1.00 or more. They’re lowering the money paid for certain orders that add visible trades to the exchange, starting right away. This affects traders who use the exchange and could change how much they earn from their trades.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 1 costs, 1 mixed.
Zero net capture on certain displayed transactions
For non-retail Added Displayed Volume transactions, the Exchange will pay a rebate equal to the fee it charges for removing such volume, resulting in zero net capture for those transactions; the Exchange may modify pricing later after gaining participation.
Lower rebate for displayed non‑retail orders
If you are a member who posts visible (displayed) non-retail orders that add liquidity on 24X in securities priced at or above $1.00, the per-share rebate you receive falls from $0.0034 to $0.00295 effective June 1, 2026.
Higher rebate for non‑displayed orders
If you are a member submitting non-displayed orders (retail or non-retail) that add liquidity on 24X in securities priced at or above $1.00, the per-share rebate increases from $0.0025 to $0.0027 effective June 1, 2026.
No volume‑based tiering; equal treatment for Members
The amended rebates do not vary by the number of orders submitted or transactions executed; the stated per-share rebates apply equally to all Members regardless of their overall trading volume on the Exchange.
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Key Dates
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