Fee Schedule

BATS Options Exchange Routing Pricing Update Effective January 2, 2013

December 28, 2012

In response to competitor pricing updates, BATS Options Exchange has updated routing pricing effective January 2, 2013. Please click the title for complete details.

BATS Options Pricing Update Effective November 1 2012

November 01, 2012

Effective Thursday, November 1, 2012, BATS Options will adjust pricing (pending SEC approval).

BATS Options Exchange Pricing Update Effective October 1, 2012

October 01, 2012

In response to a competitor pricing update, BATS Options Exchange has updated routing pricing (pending SEC approval) to NOM effective Monday, October 1, 2012 as highlighted below.

BATS Options Exchange Pricing Update Effective September 4, 2012

August 31, 2012

In response to a competitor pricing update, BATS Options Exchange has updated routing pricing to NOM effective Tuesday, September 4, 2012. Please click the title for complete details.

BATS Options Exchange Pricing Update Effective July 2, 2012

June 29, 2012

BATS Options Exchange is updating routing pricing to include Nasdaq OMX BX Options effective Monday, July 2, 2012. Additionally, the will also be updated effective July 2, 2012 to remove Options series that are restricted to closing transactions only from the QIP calculation. Please click on the title for complete details.

BATS Options Exchange Pricing Effective June 1, 2012

May 31, 2012

Effective Friday, June 1, 2012, BATS Options will be adjusting pricing. Summary: - Enhanced NBBO Setter rebates for non-customer orders with minimum displayed size. - Increased rebates for customer orders in penny names that qualify for Grow With Us incentives. For complete details, please click on the title.

BATS Options Exchange Pricing Update Effective April 2, 2012

March 29, 2012

BATS Options will be adjusting customer rebates and fees for Penny Pilot securities effective April 2, 2012. Summary: - Updated Customer pricing for Penny names. - Updated pricing for Non-Penny names - Updated pricing for QIP rebates. For complete details, please click on the title.

Regulatory Transaction Fee Rate Adjustment per SEC Section 31 Rate Change Effective Sunday, April 1, 2012

March 06, 2012

This Circular is being issued to inform you that in Fee Rate Advisory #6 for Fiscal Year 2012, the SEC announced that effective Sunday, April 1, 2012 the Section 31 transaction fee rate applicable to securities transactions on the exchanges and over-the-counter markets will increase to $22.40 per million dollars. Until that date, the current rate of $18.00 per million dollars will remain in effect. Please click on the title for complete details.

BATS February 2012 Options Market Update

February 10, 2012

In this February 2012 edition of the BATS Options Market Update: 1. Options Market Update 2. TCV Rather Than Fixed Tiers 3. Grow With Us 4. BATS Listings For complete details, please click on the title.

BATS Options Routing Pricing Update Effective February 1, 2012

January 30, 2012

In response to a recent competitor pricing update, BATS Options is updating routing pricing to PHLX (Make/Take issues) for Customer capacity orders effective Wednesday, February 1st, 2012. Click on the title for full details.

Regulatory Transaction Fee Rate Adjustment per SEC Section 31 Rate Change Effective Tuesday, February 21, 2012

January 27, 2012

This Circular is being issued to inform you that in Fee Rate Advisory #5 for Fiscal Year 2012, the SEC announced that effective Tuesday, February 21, 2012 the Section 31 transaction fee rate applicable to securities transactions on the exchanges and over-the-counter markets will decrease to $18.00 per million dollars. Until that date, the current rate of $19.20 per million dollars will remain in effect. For complete details please click on the title.