Date: July 26, 2017
Re: Change to OneChicago Billing Report
Effective Date: August 1, 2017
OneChicago, LLC (“OneChicago”) is issuing this Notice to Members (“NTM”) 2017-42 to inform market participants that OneChicago is making a clerical amendment to its daily billing report. Currently, OneChicago collects a fee referred to in the daily billing report as the “SEC/R31” fee, which is based on the Securities and Exchange Commission’s (“SEC”) Section 31 fees charged to OneChicago by the SEC. As of the August 1, 2017 daily billing report, OneChicago is renaming this fee to “Regulatory Fee.” Although the name of the fee on the daily billing report is being changed, the amount and purpose of the fee will remain the same.
The Regulatory Fee is $0.0021 per contract per side, with a minimum of $0.01 per trade and will be rounded to the nearest penny. Note that the changes have been reflected in the Billing Execution File and the Total Billing File specifications.
|Product Suite||Fee Rate|
|Single Stock Futures||$0.0021/contract (min. $0.01/trade side)|
The following link provides an example of how the regulatory fees are calculated: Product Fees Calculation Examples
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For questions regarding this NTM please contact OneChicago Operations at 1.312.883.3411 or via email at email@example.com.