NLX introduces trading fees for its short and long term interest rate futures for the first time
Nasdaq OMX NLX has introduced trading fees for its short and
long term interest rate futures for the first time, coinciding
with the announcement the exchange has reached 10m lots in
trading volumes, writes Joe Parsons.
NLX had previously allowed free trading on its platform in
order to attract market participants, however for the period of
April 1 to June 30, the London-based exchange will now charge
an execution fee of 1 pence (GBP) or 1.25 (EUR) cents per lot
for its interest rate futures suite.
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