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VENUE INTEL / FEE FINDER

Fee Finder

What an execution costs at 17 US equity exchanges and 13 ATSs: the venue's rate at base, mid and top tier, auction and routing fees, fee-code rates, and the regulatory fees on top. Every rate carries its source.

SCHEDULE · 2026-10-30 · FEE DOCUMENTS 2026-10-30 · 181 of 181 verified by SHA-256 · EXECUTION CODES EXPLORER →

TIERRATE / SHAREVENUE FEEREGULATORYTOTAL · BPS
Base< 0.10% CADV($0.0014) rebate−$1.40$1.23−$0.17 · -0.03
Mid≥ 0.25% CADV (T2)($0.0018) rebate−$1.80$1.23−$0.57 · -0.11
Top≥ 0.35% CADV (T3)($0.0020) rebate−$2.00$1.23−$0.77 · -0.15

Source: tier reference (unverified)

Fee schedule: standard rates confirmed against the Oct 30 2026 fee schedule

Regulatory on this trade: SEC Section 31 $1.03 · FINRA TAF $0.20 · CAT $0.00. Section 31 and TAF fall on sells and are normally passed to the seller; CAT on every executed share.

SEC Fee Rate Advisory 2026-2 (Release 34-104909): $20.60 per million for covered sales on or after Apr 4 2026; $0.00 before. FINRA fee adjustment schedule (SR-FINRA-2024-019): 2026 TAF $0.000195/share sold, max $9.79/trade. SR-FINRA-2026-021 proposes a Q4 2026 holiday (not applied until in force). CAT Fee 2026-1 (e.g. SR-NYSEAMER-2026-31, Release 34-105386): $0.000001 per executed equivalent share, each CAT Executing Broker. Rates are per share; negative is a rebate to the member. Base, mid and top are the venue's own tiers where its schedule publishes them; otherwise the base rate applies at every tier. Below $1.00 venues price as a percent of total dollar value: Rule 610(c) caps the sub-dollar take at 0.30% today, falling to 0.10% from the first business day of November 2027 (the per-share cap falls from $0.0030 to $0.0010 on the same date).

PRICE THIS ORDER · EVERY VENUE RANKED

1,000 shares at $50 ($50,000.00), adding liquidity, sell: every venue priced on the same execution and ranked by all-in cost. Regulatory fees ($1.23) are identical at every venue; the ranking is the venue fee. Negotiated-fee ATSs are listed unpriced at the bottom.

#VENUERATEVENUE FEEALL-INBPS
1Texas Stock Exchange TXSE($0.0031)−$3.10−$1.87-0.37
2NYSE Texas XCHI($0.0029)−$2.90−$1.67-0.33
3Cboe EDGA EDGA($0.0027)−$2.70−$1.47-0.29
4MEMX MEMX($0.0025)−$2.50−$1.27-0.25
5LTSE LTSE($0.0020)−$2.00−$0.77-0.15
6NYSE Arca ARCX($0.0020)−$2.00−$0.77-0.15
7Nasdaq XNAS($0.0020)−$2.00−$0.77-0.15
8Nasdaq PSX XPSX($0.0020)−$2.00−$0.77-0.15
9Cboe BZX BATS($0.0016)−$1.60−$0.37-0.07
10Cboe EDGX EDGX($0.0016)−$1.60−$0.37-0.07
11MIAX Pearl EPRL($0.0016)−$1.60−$0.37-0.07
12NYSE American XASE($0.0016)−$1.60−$0.37-0.07
13NYSE XNYS($0.0014)−$1.40−$0.17-0.03
14IEX IEXGfree$0.00$1.230.25
15UBS ATS UBSAfree$0.00$1.230.25
16IntelligentCross INCR$0.0008$0.80$2.030.41
17IntelligentCross ASPEN ASPN$0.0008$0.80$2.030.41
18OneChronos CGXS$0.0010$1.00$2.230.45
19Cboe BYX BATY$0.0020$2.00$3.230.65
20NYSE National XCIS$0.0029$2.90$4.130.83
21Nasdaq Texas XBOS$0.0030$3.00$4.230.85
—BIDS BIDSnegotiated———
—Barclays LX BARXnegotiated———
—CrossStream XSTMnegotiated———
—Instinct X BAMLnegotiated———
—JPM-X JPMXnegotiated———
—LeveL LEVLnegotiated———
—LeveL (EBXL) EBXLnegotiated———
—MS Pool MSPLnegotiated———
—Sigma X2 SGMTnegotiated———

ALL VENUES

VENUEMODELADD B / M / TREMOVE B / M / TOPEN · CLOSE AUCTIONROUTINGSUB-$1 ADD / REMOVESOURCE
Cboe BYX BATYinverted (taker-maker)$0.0020 / $0.0020 / $0.0020($0.0002) / ($0.0002) / ($0.0002)—$0.0030free / 0.10%verified schedule (Aug 2026)
Cboe BZX BATSmaker-taker($0.0016) / ($0.0016) / ($0.0016)$0.0030 / $0.0030 / $0.0030—$0.0030free / 0.30%verified schedule (Aug 2026)
Cboe EDGA EDGAmaker-taker($0.0027) / ($0.0027) / ($0.0027)$0.0030 / $0.0030 / $0.0030—$0.0030(0.15%) / 0.15%verified schedule (Aug 2026)
Cboe EDGX EDGXmaker-taker($0.0016) / ($0.0025) / ($0.0027)$0.0030 / $0.0030 / $0.0030—$0.0030($0.00003) / 0.30%verified schedule (Aug 2026)
IEX IEXG—free / ($0.0014) / ($0.0023)$0.0030 / $0.0024 / $0.0024$0.0010 · $0.0003—0.10% / 0.10%verified schedule (Oct 30 2026)
LTSE LTSEmaker-taker($0.0020) / ($0.0020) / ($0.0020)$0.0030 / $0.0030 / $0.0030——(0.15%) / freeverified schedule (Aug 2026)
MEMX MEMX—($0.0025) / ($0.0028) / ($0.0029)$0.0030 / $0.0030 / $0.0030——(0.15%) / 0.28%tier reference (unverified)
MIAX Pearl EPRLmaker-taker($0.0016) / ($0.0016) / ($0.0016)$0.0030 / $0.0030 / $0.0030—$0.0030(0.15%) / 0.20%verified schedule (Aug 2026)
NYSE XNYS—($0.0014) / ($0.0018) / ($0.0020)$0.0030 / $0.0030 / $0.0030$0.0010 · $0.0010—free / 0.30%tier reference (unverified)
NYSE American XASEmaker-taker($0.0016) / ($0.0023) / ($0.0026)$0.0030 / $0.0029 / $0.0025$0.0005 · $0.0005—0.25% / 0.25%verified schedule (Oct 30 2026)
NYSE Arca ARCXmaker-taker($0.0020) / ($0.0020) / ($0.0020)$0.0030 / $0.0030 / $0.0030$0.0015 · $0.0012—free / 0.30%verified schedule (Aug 2026)
NYSE National XCISinverted (free take)$0.0029 / $0.0022 / $0.0020free / free / free——not statedverified schedule (Oct 30 2026)
NYSE Texas XCHImaker-taker($0.0029) / ($0.0029) / ($0.0029)$0.0030 / $0.0030 / $0.0030$0.0015 · $0.0012$0.0030(0.10%) / 0.10%verified schedule (Aug 2026)
Nasdaq XNAS—($0.0020) / ($0.00275) / ($0.00295)$0.0030 / $0.0030 / $0.0030$0.0015 · $0.0016—free / 0.30%tier reference (unverified)
Nasdaq PSX XPSX—($0.0020) / ($0.0030) / ($0.0033)$0.0030 / $0.0030 / $0.0030——free / 0.30%verified schedule (Oct 30 2026)
Nasdaq Texas XBOS—$0.0030 / $0.0020 / $0.0020$0.0007 / ($0.0010) / ($0.0018)——free / 0.30%verified schedule (Oct 30 2026)
Texas Stock Exchange TXSEmaker-taker($0.0031) / ($0.0031) / ($0.0031)$0.0030 / $0.0030 / $0.0030——(0.15%) / 0.15%verified schedule (Aug 2026)
BIDS BIDSATSnegotiated rangenegotiated range, not priced
Barclays LX BARXATSnegotiated rangenegotiated range, not priced
CrossStream XSTMATSnegotiated rangenegotiated range, not priced
Instinct X BAMLATSnegotiated rangenegotiated range, not priced
IntelligentCross INCRATS$0.0008 every fillIntelligentCross Form ATS-N/UA Oct 26 2026 Item 19: Base Rate $.0008 p
IntelligentCross ASPEN ASPNATS$0.0008 every fillIntelligentCross Form ATS-N/UA Oct 26 2026 Item 19: ASPEN Fee/Fee Base
JPM-X JPMXATSnegotiated rangenegotiated range, not priced
LeveL LEVLATSnegotiated rangenegotiated range, not priced
LeveL (EBXL) EBXLATSnegotiated rangenegotiated range, not priced
MS Pool MSPLATSnegotiated rangenegotiated range, not priced
OneChronos CGXSATS$0.0010 every fillOneChronos Form ATS-N/UA Oct 20 2026 Item 19: $0.0010 per executed sha
Sigma X2 SGMTATSnegotiated rangenegotiated range, not priced
UBS ATS UBSAATSfree every fillUBS ATS Form ATS-N/MA Jul 16 2026 Item 19: Class A Direct Subscribers