Fees

Omega’s Pricing with Breakpoints

Omega’s Breakpoint Pricing provides broker dealers a discounted liquidity providing rate based on the overall volume executed on equities for a given month. There are no additional paperwork required to qualify and all participants are automatically enrolled. When a tier is reached, the discount will automatically apply to ALL equities for the month, not just for trades executed after the tier is reached. The discount will be automatically reflected in that months invoice. This pricing applies to all Canadian Exchange listed equities.

Omega ATS Current Pricing Schedule

 
ETF Pricing Superdollar ETF trades will pay a rebate of $0.0011 on the take side and will be charged $0.0013 to the make side.

Odd lots will be charged at $0.001 each side.

Broker Preference trades will be charged at $0.0001 each side.

Bypass Intentional and Internal Crosses: Omega ATS will pay a rebate of $0.00005 CDN/share for crossed equity volume, less than, or equal to 200,000,000 shares per month for all participants. For months where the total crossed equity volume exceeds 200,000,000 shares,  a total pool of $10,000 CDN will be distributed to all participants who executed crosses at Omega ATS on a pro-rated basis.

No fee is charged for orders placed on Omega ATS that does not execute.

Debt Instruments (Fixed Income/Listed Debentures/Notes)

Passive Side: $0.085 per $1000 face value Rebate
Active Side: $0.095 per $1000 face value Charge

Communication Charges

Subscribers and vendors are responsible for arranging and paying for their own connectivity. For subscribers who wish to cross connect, Omega will pass on fees charged from our data center.

One Time Setup Fee:  $900 NRC
Monthly Fee: $200 MRC

Order Entry

Omega ATS provides 10 production order entry sessions free of charge. If a subscriber requires additional sessions, the below pricing applies:

Order Entry Session: $125.00/month.

FIX Drop Copy

FIX Drop Copy Session: $450/month

Market Data

Omega ATS charges for its real time market data on the following terms:
$2.85 per month per user for “top of book” real time data (“Level 1″)
“full depth of book” real time data is currently subject to a fee holiday

Payment Methods

Subscribers use one of the following two payment methods:

Omega Pre-Authorized Debit – The commission owing on account of each calendar month is debited from your designated bank account on the tenth business day following month-end.

CDS Pre-Authorized Debit – The commission owing on account of each calendar month is debited by CDS from your designated bank account on or about the ninth business day following month-end.

Fee Updates

• 16 May 2016: Notice of Omega ATS Pricing Changes – See Omega ATS Pricing Change June 1st 2016 for details
• 18 Nov 2013: Notice of Break Point Pricing Changes – See Omega Subscriber Notice 2013-11 for details
• 08 Mar 2013: Notice of Price Changes – See Omega Subscriber Notice 2013-01 for details
• 18 May 2012: Notice of Price Changes – See Omega Subscriber Notice 2012-02 for details
• 17 OCT 2011: Notice of Price Changes – See Omega Subscriber Notice 2011-17 for details
• 05 OCT 2011: Notice of Price Changes – See Omega Subscriber Notice 2011-16 for details
  
• 25 APR 2011: Notice of Price Changes – See Omega Subscriber Notice 2011-05 for details
  
• 18 APR 2011:  Prposed Price Changes – See Omega Subscriber Notice 2011-4 for details
  
• 09 MAR 2011:  Proposed Price Changes – See Omega Subscriber Notice 2011-2 for details