Published:
NSX Launches Cost Savings Calculator
CHICAGO, June 6 /PRNewswire/ -- National Stock Exchange(SM) (NSX(R)) has
introduced a new tool, the NSX Cost Savings Calculator, that enables customers
to instantly calculate their annual Exchange/ECN fees and compare costs across
marketplaces. Available on NSX's website at
http://www.nsx.com/pricing_cost_savings.html, the new Calculator underscores
NSX's commitment to full transparency.
"NSX's Cost Savings Calculator enables our customers to quickly determine
the impact different Exchange/ECN fees have on their costs on an annualized
basis," said Michael Traynor, NSX Chief Strategy Officer. "By simply entering
their average daily volumes, customers can instantaneously approximate their
costs and savings across major market centers. This quick and easy tool is
another way NSX is bringing clarity to the issue of industry pricing, an area
that has become increasingly difficult to monitor."
Last month, NSX introduced the NSX Industry Pricing Matrix on its website,
a simple grid designed to help the industry view up-to-date pricing schedules
in a reader-friendly format. NSX's Industry Pricing Matrix can be viewed at
http://www.nsx.com/pricing_grid.html.
NSX is the cost-effective provider of exchange services, committed to
aligning its interests with those of its customers. Founded in 1885, NSX has
been a driving force for change in the world of securities exchanges and
continues to lead the way in exchange innovation. For more information on NSX
visit http://www.nsx.com.
SOURCE National Stock Exchange
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