If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.

MIAX - PEARL Exchange Fees

Remove Liquidity 1 Add Liquidity 2
NASDAQ Stocks >= $1.00 per share USD 0.0029 USD (0.0029)
NYSE Stocks >= $1.00 per share USD 0.0029 USD (0.0029)
AMEX Stocks >= $1.00 per share USD 0.0029 USD (0.0029)
All Stocks >= $1.00 USD 0.0029 USD (0.0021)
Stocks < $1.00 Trade Value * 0.0005 Trade Value * (0.0005)
Routed Orders > $1.00 USD 0.0030 * Quantity USD 0.0030 * Quantity
Routed Orders < $1.00 USD 0.0030 * Trade Value USD 0.0030 * Trade Value

Notes:

  • Rebates are in parentheses.
  1. Orders that are immediately executed against an existing bid or offer on an exchange's or ECN's order book.
  2. Adding an order to an exchange or ECN's order book before being executed.