📈Nasdaq GEMX Proposes Changes to Options Pricing Schedule
Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Pricing Schedule at Options 7, Section 3
Summary
The SEC announces Nasdaq GEMX's proposed rule change to amend the "Regular Order Fees and Rebates" in its Pricing Schedule. Key modifications include the removal of certain rebates and fees, adjustments in qualifying criteria for market participants, and a focus on enhancing fee structures for various trading categories. The proposed changes are designated for immediate effectiveness and open for public comment.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed amendments to Nasdaq GEMX's Pricing Schedule include significant changes to fees and rebates for market participants, impacting cost structures for businesses engaged in trading. Adjustments to fees may influence trading strategies and affect overall market liquidity. Immediate effectiveness means businesses should assess potential impacts swiftly.