OpenChainGraph Suite · ART-577 · Capital Markets Clearing & Settlement

Exchange Access-Fee / Maker-Taker Tier Recompute

Recomputes a monthly exchange maker-taker invoice from a fee schedule you paste in: resolves your active tier from your declared prior-period average daily volume, applies that tier's maker rebate and taker access-fee rate to your declared monthly maker/taker share totals, and diffs the result against the amount you were actually invoiced. Separately, and independently of which tier is active, checks every declared tier's taker rate against the Rule 610(c) access-fee cap.

Recompute · caller-declared schedule only Two independent checks, neither gates the other Invoice: MATCHES · DIVERGES · INDETERMINATE Cap: CAP_CONFORMANT · CAP_EXCEEDS · INDETERMINATE
🔒 All inputs are processed locally in your browser. No data is transmitted. Do not enter real personal data — use synthetic or anonymised inputs only.
⚠ Not legal or accounting advice. Reg NMS Rule 610(c)'s $0.001/share access-fee cap applies to protected quotations priced at $1.00/share or more (compliance date 2026-11-02); sub-dollar securities use a different formula this tool does not evaluate. This tool performs arithmetic only over the fee schedule and volume you supply; it does not source, fetch, or maintain any exchange's actual published schedule.
Invoice period, ADV & tolerance

The demo values below are synthetic and already loaded, so you can press Run without entering anything of your own.

Fee schedule
Invoice recompute
Rule 610(c) cap conformance
Findings
Rejected inputs
Execution Hash (SHA-256)
What this does not do

It does not source, fetch, or maintain any exchange's actual published fee schedule; you paste the schedule that applies to you, the same way you already read it off the exchange's fee page. It does not evaluate sub-dollar securities under Rule 610(c) (a different formula governs those), and it is not legal or accounting advice: a DIVERGES or CAP_EXCEEDS verdict is a citable arithmetic finding for you and, where relevant, your counsel to evaluate against the exchange's actual schedule and the rule text.

Related

This node is a fee-invoice recompute over a caller-declared exchange schedule, distinct from the OpenChainGraph suite's clearing-margin and settlement-reconciliation tools (FICC netting, cross-margin, buy-in): those recompute clearinghouse obligations, this one recomputes what an exchange bills a trading firm for order flow under its published maker-taker/access-fee tiers.