|Venue||Add Liquidity||Take Liquidity||Outbound Shares|
|LSPD Dark Assault||($0.0019)||($0.0019)||N/A|
|BATS Y||($0.0018)||$0.0010||($0.003) Charge|
|EDGA||($0.003) Charge||($0.0024) Rebate||($0.003)|
|ITG VWAP TWAP||($0.0015)||($0.0015)||($0.0015)|
|NYSE National (NATX)||($0.0028)||($0.0005)||($0.0035)|
*The LSPT route is available from 9:30am to 4:00pm EST.
Lightspeed Trader consistently offers its clients some of the cheapest trading fees in the industry, whether they are conducting equities or options routing. A schedule of the fees is available in the table below.
|All Equities, Smart Routed (SMRT)||Free|
|All Equities, Direct Routed||($0.35)||Use the SMRT route in Lightspeed Trader
to avoid this fee.
|.SPX(S&P 500 Index)||($0.62)|
|All other Indices||($0.40)||Download
|SEC:||($0.0000207)|| Multiply this amount
by the principal amount sold
|FINRA TAF:||($0.000119)||Covers sales of exchange registered securities whenever executed.
Multiply this amount by the number of shares sold
|Options ORF:||($0.0388)||Multiply this rate by the number of options contracts traded|
*For share prices less than $1.00, 30 basis points times the total trade value will be charged.
Lightspeed routing fees do not apply to Lightspeed Web Trader. Pre and post market orders will have an additional charge of 0.003 per share.
The venues above represent the most commonly used routes. Lightspeed offers additional routes not listed above. If you select a venue for order routing, Lightspeed may handle as not held. Regardless of the route selected in the dropdown, hot button, or hot key, the Firm may first direct that order through a vendor and may receive discounted execution fees and/or payment for order flow through that vendor that it does not pass on to its clients. Most aggressive orders sent on Lightspeed Trader and Sterling Trader Pro to ARCA and NSDQ will first be routed through Coda Markets, Inc. Stocks priced under $1.00 are subject to different routing charges and are not rebate eligible. Rebates are subject to forfeiture in the event an ECN or exchange does not remit the rebate to Lightspeed. Routing charges are subject to change without prior notice. Call 888-LSPD-123 for more details and pricing.
Active traders who want the cheapest option trading make Lightspeed Trader their online broker of choice. Not only do we offer incredibly low fees, but we also have some of the lowest option commissions on the market. Active traders who meet a minimum threshold of options contracts will qualify for even lower rates. Contact us for additional information.