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7002B. NASD/Nasdaq Trade Reporting Facility Reporting Fees

This rule is no longer applicable. NASD Rule 7002B has been superseded by FINRA Rule 7620A. Please consult the appropriate FINRA Rule.

The following charges shall be paid by participants for use of the NASD/Nasdaq Trade Reporting Facility. In the case of trades where the same market participant is on both sides of a trade report, applicable fees assessed on a "per side" basis will be assessed once, rather than twice.
Transaction Related Charges:  
Reporting of transactions in Nasdaq-listed securities not subject to comparison through the NASD/Nasdaq Trade Reporting Facility No charge
Reporting of transactions in stocks reported to the Consolidated Tape Association not subject to comparison through the NASD/Nasdaq Trade Reporting Facility ("CTA Covered Transactions")  
Average daily volume of media transaction reports for CTA Covered Transactions during the month that are submitted or introduced by such participant to the NASD/Nasdaq Trade Reporting Facility, in which the participant is identified as the reporting party: Fee per side for reports of CTA Covered Transactions to which such participant is a party:
0 to 5,000 $0.029
More than 5,000 $0.029 for a number of reports equal to 5,000 times the number of trading days in the month

$0.00 for all remaining reports
Reporting of all other transactions not subject to comparison through the NASD/Nasdaq Trade Reporting Facility $0.029/side
Clearing report to transfer a transaction fee charged by one member to another member pursuant to Rule 6130(h) $0.03/side
Comparison $0.0144/side per 100 shares (minimum 400 shares; maximum 7,500 shares)
Late Report—T+N $0.288/side
Query $0.50/query
Corrective Transaction Charge $0.25/Cancel, Error, Inhibit, Kill, or ‘No' portion of No/Was transaction, paid by reporting side; $0.25/Break, Decline transaction, paid by each party


Amended by SR-NASD-2007-051 eff. Aug. 1, 2007.
Adopted by SR-NASD-2006-090 eff. Aug. 1, 2006.

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