Min Quarterly Volume (Contracts) |
Max Quarterly Volume (Contracts) |
Quarterly Fee 2023 |
Quarterly Fee 2024 |
|
---|---|---|---|---|
Small Broker | – | 1,000,000 | $12,000 | $12,000 |
Medium Broker | 1,000,001 | 10,000,000 | $36,000 | $60,000 |
Large Broker | 10,000,001 | 20,000,000 | $60,000 | $75,000 |
X Large Broker | 20,000,001 | Unlimited | $75,000 | $105,000 |
Per Contract Overage Fee |
|
---|---|
Small Broker | $0.0100 |
Medium Broker | $0.0050 |
Large Broker | $0.0025 |
X Large Broker | $0.0000 |
Starting with January Settlement Cycle, the per-contract settlement fee will increase from USD $0.01438 to $0.015 and applies to both executing and clearing sides based on the number of Billable Contracts. Billable Contracts is the number of contracts included in each trade processed in the system and settles in each monthly processing cycle, with the following exceptions:
Contract Settlement Fee Cap – New for 2022 and going forward
To encourage broader platform adoption, customers who’s settlement volume in each asset class is less than the trailing six-month averages below are not subject to fees. The trailing average includes both clearing and executing settlement volume.
FIA Tech now offers the ability to settle Block Trade Settlement on Atlantis for ETD as of March 1, 2023 subject to submitting an Opt-In Form and the following specific pricing terms:
Time in Backlog | ETD Maintenance Fee Rate |
---|---|
6-12 Months | $0.001 per contract |
12-18 Months | $0.002 per contract |
18+ months | $0.003 per contract |
New for 2023 – Large Backlog Surcharge
FIA Tech offers a Bulk Settlement Service to help firms in clearing the rest of the aged, unsettled backlog in Atlantis.
FIA Tech offers the ability to settle OCC Options/US Listed Options on Atlantis subject to the following standalone pricing:
Storage is required for all institutions that have at least one broker party. The Per-Agreement Fee is assessed to the conformed executing broker; however, if there is no conformed executing broker, then the conformed clearing broker will pay the Per-Agreement Fee. Institutions containing only customer/trader parties have the option of maintaining storage of Docs agreements at their respective tier rate. Customers/traders that choose not to store documents in Docs will have execution only access at absolutely no cost and will have seven days after execution to print agreements.
Number of Agreements Stored | Fee per Quarter |
0-50 | $175.00 |
51-500 | $450.00 |
501-1,000 | $800.00 |
1,001-2,000 | $1,350.00 |
2,001-5,000 | $2000.00 |
5,001-10,000 | $5,000.00 |
10,001-20,000 | $6,250.00 |
20,001-40,000 | $7,500.00 |
40,001-60,000 | $9,000.00 |
More than 60,000 | $11,000.00 |
Non-STP Agreement Upcharge | $1.25 per agreement |
Number of Agreements Executed | 2022 Per-Agreement Fee |
0-500 | $50.00 |
501-1,000 | $40.00 |
1,001-2,000 | $30.00 |
More than 2,000 | $25.00 |
Non-STP Agreement Upcharge | $5.00 per agreement |
New for 2023 – Flat Per-Agreement Fee
Non-STP Upcharge is on executed agreements that do not support straight-through processing. To promote more STP agreements across the industry, any executed agreement that has a non-conformed broker party, contains a PDF rate schedule absent an eRate, or is an uploaded agreement other than a CLSA will incur an upcharge to the Per–Agreement Fee for execution and a quarterly upcharge to store the Non-STP Agreement.
Please reach out to Docs.Support@fia-tech.com with any questions.
Current GLR Fees are posted below with all other fees, billing, and legal provisions of the Docs Service will remain unchanged, as specified in the Docs System User Agreement.
Implementation fees are invoiced upon execution of the GLR Opt-In agreement. FIA Tech will invoice System User for other fees quarterly in arrears based on the then-current number of executed agreements in the system multiplied by the relevant fee per contract for 2022.
*All pricing does not include any applicable Federal, State, or Local use taxes. Any tax obligations of non-US entities resulting from this service remain the sole responsibility of the customer to ensure they comply with their tax authority.
*All pricing does not include any applicable Federal, State, or Local use taxes. Any tax obligations of non-US entities resulting from this service remain the sole responsibility of the customer to ensure they comply with their tax authority.
*All pricing does not include any applicable Federal, State, or Local use taxes. Any tax obligations of non-US entities resulting from this service remain the sole responsibility of the customer to ensure they comply with their tax authority.
The OCR Data Service requires an annual subscription fee as shown in the following fee schedule plus a one-time fee for onboarding based on client-specific setup. FIA Tech uses the following criteria to determine which fee tier applies to your firm.
Fee Tier | Annual Subscription Fee |
FCM – Large | $45,000 |
FCM – Basic | $30,000 |
Non-FCM Clearing Member | $30,000 |
Swap Dealer Only | $25,000 |
FIA Tech’s OCR Service allows for Reporting Firms to acquire data from 3rd party providers such as the Markit Counterparty Manager (MCPM). Below are the additional fees per reporting firm for the use of these 3rd Party Data Providers via FIA Tech’s OCR Service.
OCR Subscription Tier | Annual 3rd Party Data Provider Fee |
FCM – Large | $5,000 per year |
FCM – Basic | $3,500 per year |
Swap Dealer Only | $2,500 per year |
*All pricing does not include any applicable Federal, State, or Local use taxes. Any tax obligations of non-US entities resulting from this service remain the sole responsibility of the customer to ensure they comply with their tax authority.
Service | Annual Fees* | |
---|---|---|
Position Limits Databank (PLD) | Global Exchanges + MiFID II | $29,750 |
EMEA Exchanges + MiFID II | $15,000 | |
Americas Exchanges | $15,000 | |
Asia Exchanges | $15,000 | |
Equity Options Position Limits Databank (EOPLD) | Global Exchanges | $8,900 |
Exchange Fees Databank (EFD) | Global Exchanges | $23,500 |
Ref Data Category | Ref Data Initiatives | Annual Fees* | All Subscriptions* |
---|---|---|---|
Contract Specs | Regulatory Classification (CFTC, SA-CCR, MiFIR, EMIR, CFI) | $25,000 | 25% Discount |
Contract Specs | Exchange/CCP Hours of Operation & Holiday Hours | $10,000 | |
Contract Specs | Basic Trading Specification | $25,000 | |
Contract Specs | Instrument Level Detail | $10,000 | |
Contract Specs | Settlement and Delivery Calendar (Includes Spot Month Calendar) | $10,000 | |
Contract Specs | Delivery grade and point | $10,000 |
Ref Data Category | Ref Data Initiatives | Annual Fees* |
---|---|---|
Exchange Event Management | Cash and Collateral | $25,000 |
Ref Data Category | Ref Data Initiatives | Annual Fees* | All Subscriptions* |
---|---|---|---|
Corporate Actions | Corporate Actions | $35,000 | N/A |
Pricing | EOD Pricing | $12,000 per exchange/year | N/A |
Symbology | X-Ref Symbology | $10,000 per symbol, per FIA Tech product set | $50,000 across all services per symbol |
Index Classification | Foreign Security Futures Data for Sell Side – Broad/Narrow Classification | $35,000 | N/A |
Index Classification | Foreign Security Futures Data for Buy Side – Broad/Narrow Classification | $10,000 | N/A |
Entity Reference Data | Broker Code Reports | $10,000 | N/A |
Contact sales@fia-tech.com to get started.
*Initial subscriptions auto-renew and annual fees increase by the greater of the current year’s CPI or 3% at each renewal.
*FIA Tech, in its sole discretion, reserves the right to increase annual fees upon each renewal per the terms of each Agreement.
*All pricing does not include any applicable Federal, State, or Local use taxes. Any tax obligations of non-US entities resulting from this service remain the sole responsibility of the customer to ensure they comply with their tax authority.
$20,000 per year for firms not subscribing to FIA Tech’s OCR service.
*All pricing does not include any applicable Federal, State, or Local use taxes. Any tax obligations of non-US entities resulting from this service remain the sole responsibility of the customer to ensure they comply with their tax authority.
FIA Tech offers the Fees & Commissions Repository(FCR) service under the contractual framework of the Docs Adherence Agreement and is subject to those terms and conditions.
To activate the FCR service, a Docs Participant Admin must complete and return the FCR Opt-in form to FIA Tech (by email).
Client Subscription Tiers | Buy-side |
---|---|
FCR Read Only
|
$0 |
FCR + Exchange Fee Management | $10,000/quarter (FCR) |
Executing Broker/Clearing Broker Subscription Tiers | Sell-side |
---|---|
FCR Approval Only:
|
$0 |
FCR RateSync:
|
$2,500/quarter |
FCR + Exchange Fee Management (Full Service):
|
$15,000/quarter (FCR) |
*All pricing does not include any applicable Federal, State, or Local use taxes. Any tax obligations of non-US entities resulting from this service remain the sole responsibility of the customer to ensure they comply with their tax authority.
Call: 1.202.772.3000
Email General Client Support: clientservices@fia-tech.com
Call: 1.202.772.3000
Email Atlantis Support: atlantis.support@fia-tech.com
Call: 1.202.772.3000
Email Docs Support: docs.support@fia-tech.com
Call: 1.202.772.3000
Email OCR Support: ocr.support@fia-tech.com
Call: 1.202.772.3000
Email eRecs Support: erecs.support@fia-tech.com
Call: 1.202.772.3000
Email Databank Support: databank@fia-tech.com