IEX Equity Trading Fee Schedule Changes
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
IEX is changing parts of its equity trading fee schedule for exchange members. The changes adjust the criteria members must meet to qualify for rebates when they add displayed liquidity, and revise the volume thresholds used for certain incremental fee tiers. The practical impact is limited to broker-dealers and other IEX members that trade equities on the exchange. Firms should review the new June 1, 2026 fee terms to see whether their trading volumes and order activity still qualify for the same rebates or fee tiers.
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Key Changes
- Changes the criteria for qualifying for displayed liquidity adding rebates
- Revises the required volume thresholds for incremental fee tiers
- Sets the fee schedule changes to take effect on June 1, 2026
Obligations
What this law requires
IEX members trading equities on the Exchange must apply the amended Fee Schedule terms for displayed liquidity adding rebates and incremental fee tiers once implemented.
IEX members seeking displayed liquidity adding rebates must satisfy the modified eligibility criteria in the amended Fee Schedule.
IEX members seeking qualification for incremental fee tiers must meet the revised threshold volume requirements in the amended Fee Schedule.