17 Jul 2025
📈BOX Exchange Adjusts Rebate Thresholds for Options Trading
Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Tier 4 and Tier 5 Percentage Thresholds of National Customer Volume in Multiply-Listed Options Classes in Section IV.A.1 (Tiered Volume Rebate for Non-Auction Transactions) of the Fee Schedule for Trading on the BOX Options Market LLC Facility
Summary
The Securities and Exchange Commission announces a proposed rule change by BOX Exchange LLC to amend volume threshold percentages for rebates on non-auction transactions in multiply-listed options classes. This adjustment aims to enhance competitiveness and incentivize increased trading volumes among participants.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory change adjusts the volume thresholds for rebates on non-auction transactions, directly influencing traders' cost structures and competitive strategies on the BOX exchange. This could lead to increased transaction volumes, directly impacting profits and competitive positioning for businesses participating in options trading.