22 Sep 2025
📉Nasdaq BX Proposes Lowering Options Regulatory Fee for 2025
Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Lower the Options Regulatory Fee (ORF)
Summary
The Securities and Exchange Commission announces Nasdaq BX’s proposal to lower the Options Regulatory Fee from $0.0008 to $0.0003 per contract effective October 1, 2025. The measure aims to ensure that regulatory revenue does not exceed the costs associated with overseeing options trading, while providing lower costs for participants in the options market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulation proposes to lower the Options Regulatory Fee (ORF) from $0.0008 to $0.0003 per contract, impacting businesses that engage in options trading. This reduces operational costs for firms operating in the options market, providing financial relief while still covering regulatory expenses.