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 listed and interlisted equities.
Omega ATS Current Pricing Schedule
| Breakpoint Tiers | Add >= $1.00 | Remove >= $1.00 | Add < $1.00 | Remove < $1.00 |
| Tier 1 (0 – 100MM) | $0.0030/share | -$0.0025/share | $0.0010/share | -$0.0006/share |
| Tier 2 (100MM – 200MM) | $0.0029/share | -$0.0025/share | $0.0009/share | -$0.0006/share |
| Tier 3 (200MM+) | $0.0028/share | -$0.0025/share | $0.0008/share | -$0.0006/share |
| Broker Preferenced Trades | FREE | FREE | FREE | FREE |
Omega ATS Current Pricing Schedule (ETFs)
| Breakpoint Tiers (ETFs) | Add | Remove |
| Tier 1 (0 – 100MM) | $0.0013/share | -$0.0008/share |
| Tier 2 (100MM – 200MM) | $0.0012/share | -$0.0008/share |
| Tier 3 (200MM+) | $0.0011/share | -$0.0008/share |
| Broker Preferenced Trades | FREE | FREE |
Odd lots will be charged at $0.001 each side.
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 Market Data Fee Schedule:
$8.00 per month per user for “top of book” real time data (“Level 1″)
Price change effective December 1 2019. Please See Omega Market Data Notice October 18 2019
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
- 18 Oct 2019: Notice of Omega ATS Pricing Changes – See Omega Market Data Notice October 18 2019 for details
- 22 Jul 2019: Notice of Omega ATS Pricing Changes – See Omega ATS Pricing Change August 1st 2019 for details
- 24 Apr 2019: Notice of Omega ATS Pricing Changes – See Omega ATS Pricing Change May 1st 2019 for details
- 16 Aug 2018: Notice of Omega ATS Pricing Changes – See Omega ATS Pricing Change Sept 1st 2018 for details
- 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: Proposed Price Changes – See Omega Subscriber Notice 2011-4 for details
- 09 MAR 2011: Proposed Price Changes – See Omega Subscriber Notice 2011-2 for details
