8 May 2025
📈Nasdaq GEMX Discontinues Proposed Options Regulatory Fee Model
Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Discontinue the Options Regulatory Fee Model Scheduled To Be Implemented in June 2025
Summary
Nasdaq GEMX proposes to discontinue the Options Regulatory Fee model scheduled for June 2025 due to feedback from members and an upcoming technology migration at the OCC. The Exchange is evaluating a new model focused solely on on-exchange transactions, aiming for fairness and simplicity in fee assessments.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document outlines a proposed rule change by Nasdaq GEMX to discontinue the Options Regulatory Fee model set to take effect in June 2025. This decision affects the regulatory financial responsibilities of businesses engaging in options trading, eliminating an anticipated fee structure, which could influence cost management strategies.