# Simple and Transparent Fee Schedule [Download LTSE Fee Schedule](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69d7fe329140b8590ae5ac83_LTSE%20Fee%20Schedule_April%209%202026%20(SR-LTSE-2026-10).pdf) ### LTSE Liquidity Incentive Program The LTSE Liquidity Incentive Program (“LIP”) is designed around two goals: to enhance market quality in specific securities (“LIP Enhanced Securities”) and to generally improve liquidity in all securities traded on the Exchange. The LIP is available to all LTSE Members and more details are provided in the LTSE Fee Schedule. The LIP includes three key incentives: 1. A proportional share of LTSE’s SIP Quote Revenue for LIP Enhanced Securities, distributed among qualifying Members based on quoting activity; 2. Reduced taker fees for LIP Enhanced Securities, available to all Members without quoting obligations; and 3. For all other securities traded on LTSE (“LIP Standard Securities”), a choice between a proportional share of LTSE’s SIP Quote Revenue or a quarterly credit, contingent on meeting specific quoting thresholds. [Download LTSE LIP Enhanced Securities](https://cdn.prod.website-files.com/6462417e8db99f8baa06952c/69cbbbaf90227306de80d219_Q2%20LIP%20Enhanced%20Symbols.csv) ##### By directly sharing Consolidated Tape revenue with our members we are helping to lower their market data costs while improving price discovery for all investors. **Bill Harts** CEO, Exchange ### Liquidity Code Mapping Schedule [Download LTSE Liquidity Code to Fee Mapping](https://cdn.prod.website-files.com/6462417e8db99f8baa069524/69cd703d62b312e54e12df3d_LTSE%20Liquidity%20Code%20to%20Fee%20Mapping%20(Current%20as%20of%20Ap%2726).csv) ## Learn more about trading [Contact Market Operations](/content/contact/index.html)