TITLE

Heading to a Maker-Taker Fee Model

AUTHOR(S)
Hintze, John
PUB. DATE
May 2007
SOURCE
Investment Dealers' Digest;5/7/2007, Vol. 73 Issue 18, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move of the Boston Options Exchange (BOX) to adopt the maker-taker fee structure in the equity market. Scott Morris, chief executive officer (CEO) of BOX, states that they are filing the change at the U.S. Securities and Exchange Commission for a June 1, 2007 launch. According to the author, the move of the BOX has been pushing other exchanges to practice the said fee structures in the money market.
ACCESSION #
25007996

 

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