10 Jul 2025
💵Nasdaq GEMX Proposes Reduction of Options Regulatory Fee to $0.0009
Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Lower the Options Regulatory Fee (ORF)
Summary
Nasdaq GEMX proposes to reduce its Options Regulatory Fee from $0.0012 to $0.0009 per contract side, effective August 1, 2025, to align revenue with regulatory costs and ensure compliance with the Securities Exchange Act. This decision aims to alleviate financial burdens on market participants while maintaining adequate funding for regulatory oversight.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed reduction of the Options Regulatory Fee (ORF) impacts trading costs for businesses engaged in options trading. Lower fees encourage volume and may affect profitability, compliance costs, and market positioning. This change may directly influence financial planning and operating budgets for firms operating on GEMX.