Maker/Taker Flags


� Simple Order Pricing Effective October 3, 2011
�Stock Price	Rate-Type	Rate (per share)	Liquidity Flag
�>$0.9999	Maker	0.0015 or 0.0017 fee	A or B or Q or V or W or E or U
	Taker	0.0015 credit	R or N or F or T
	Routed	0.0030 fee	X
�Stock Price	Rate-Type	Rate (of value)	Liquidity Flag
�$0.9999 or less	Maker	.02% fee	A or B or Q or V or W or E or U
	Taker	.02% fee	R or N or F or T
	Routed	.30% fee	X

The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-CBOE advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions.

CBOE.com Web Site/Browser Requirements