💰Nasdaq BX Proposes Rule Change on Options Trading Rebates
Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Exchange's Pricing Schedule at Options 7, Section 2(4) Regarding Rebates for the Execution of Contracts That Generate an Order Exposure Alert
Summary
The Securities and Exchange Commission published a notice regarding a proposed rule change by Nasdaq BX, Inc. to amend its pricing schedule for options. This change focuses on modifying rebates for contracts generating order exposure alerts, with the aim to enhance trading dynamics and economic activities within the exchange. Interested stakeholders are invited to submit comments regarding the proposal.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by Nasdaq BX, Inc. to amend the pricing schedule and modify rebates may directly affect business owners and trading firms engaged in executing contracts. Adjustments to rebates for order exposure alerts could impact trading strategies, cost structures, and overall profitability for businesses involved in options trading.