📈Nasdaq BX Proposes Temporary Increase in Options Regulatory Fee
Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Options Regulatory Fee (ORF) on a Temporary Basis and Discontinue the ORF Model Scheduled To Be Implemented in June 2025
Summary
The Securities and Exchange Commission has published a notice from Nasdaq BX, Inc. about a proposed temporary increase in the Options Regulatory Fee from $0.0005 to $0.0008 per contract side. This change, effective May 1, 2025, aims to better align regulatory revenue with the Exchange's operational costs and will revert to the previous rate after December 31, 2025.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed increase in the Options Regulatory Fee (ORF) affects all market participants and will influence cost structures for trading firms and brokers. The sunsetting of the fee at the end of 2025 may also prompt adjustments in financial planning and compliance strategies. This regulation directly impacts operational costs and strategic financial planning for businesses engaged in options trading.