NASDAQ OMX NLX Market Notice: 003-13

NASDAQ OMX NLX Execution Fees and Incentive Structures - Amendment to the qualification period for the Early Adopter Scheme


LONDON, 2013-06-28 11:04 CEST (GLOBE NEWSWIRE) -- Issue Date: June 28, 2013

Effective Date: June 28, 2013

Introduction

In Market Notice 002-13 NASDAQ OMX NLX (“NLX”) informed Participants of the NLX Execution Fee and Incentive Structures, including the Early Adopter Scheme. NLX would like to inform Participants of an amendment to the qualifying period for the NLX Early Adopter Scheme.

The NLX Early Adopter Scheme

NASDAQ OMX NLX Market Notice 002-13 stated that:

  • ‘All NLX Participants who have traded any volume in any of the products during the period from launch, up to and including June 28, 2013 will be eligible to benefit from a 100% fee rebate of the relevant headline fee from July 1, 2013 to December 31, 2013 inclusive in all products.’

NLX has amended the qualification period as follows:

  • Where NLX has received and processed a participants application by 17:00 British Summer Time (“BST”) on June 28, 2013, but the Participant has been unable to execute a trade as per the original requirement, the Participant will be eligible to benefit from a 100% fee rebate of the relevant headline fee until December 31, 2013 inclusive in all products, subject to executing a qualifying trade by and including July 31, 2013.

Please see attached PDF for full details.

For further information in relation to this NASDAQ OMX NLX Market Notice 003-13, please contact:

 

Stuart Deel-Smith:
Tel: +44 (0) 207 065 8051
Email: stuart.deel-smith@nlx.co.uk
Maryna Syrovatka:
Tel: +44 (0) 207 065 8107
Email: maryna.Syrovatka@nlx.co.uk
Amanda Maundrell:
Tel: +44 (0) 207 065 8047
Email:amanda.maundrell@nlx.co.uk
 

  

NASDAQ OMX NLX Limited (“NLX”) is authorised and regulated by the Financial Conduct Authority. NLX is a company registered in England and Wales with number 7774388 whose registered office is at 131 Finsbury Pavement, London, EC2A 1NT. Insofar as the content of this communication is considered a financial promotion for the purposes of section 21 Financial Services and Markets Act 2000 (“FSMA”), it is not communicated or approved by a person authorised under FSMA. This communication is directed only at persons to whom NLX may lawfully make financial promotions (“Relevant Persons”) including persons who have professional experience in matters relating to investments who are "investment professionals" within the meaning of article 19 of the FSMA (Financial Promotion) Order of 2005. This communication must not be distributed to, acted on or relied upon by persons who are not Relevant Persons.


Attachments

NASDAQ OMX NLX Market Notice 003-13_Extension to Early Adoptor Scheme - FINAL.pdf