Amex fee change. Need advice!!!?

What exactly are ISI, BELZ, OES, etc.? Are they intermediaries between a firm and the exchange? Can't a firm just connect directly to SDOT, or do these provide some added value (other than being able to get multiple NX fills within the time window)?

Anyone know who Assent uses? My only route to NYSE/AMEX just says SDOT, and I haven't been charged any fees in the past.
 
Well as i understand it, and im assuming the OP is swifttrade:

the fees are only for amex spec, not nyse. If it was for NYSE ISI i would quit and smash my monitors on the way out. The fee for isi was 51 or 52 cents /1000 not sure which, and now for listed amex stocks its .00351, and for ETF/HLDRS, its .00391. Obviously this is total bullshit, but amex is bullshit anyways so what else can anyone expect. I feel so bad for SMH traders, lots of them are getting raped on these charges.

They pretty much said on the tip page that its retroactive to feb 1, and that they want it to dec 1, which they dont expect to happen.

Thats how i understood it, i would be interested in hearing how this affects non swift people, and if it even does at all.
 
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