💵Nasdaq GEMX Proposes New Fees for Nasdaq 100 Index Options
Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Fees for Nasdaq 100 Index Options in Options 7, Section 3
Summary
The Securities and Exchange Commission publishes a notice regarding Nasdaq GEMX’s proposed rule change to amend transaction fees for Nasdaq 100 Index options. The proposal includes a new surcharge aimed at reducing liquidity removal, affecting the pricing structure for Non-Priority Customers and encouraging increased liquidity on the exchange. Comments from the public are invited before implementation.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content outlines a regulatory fee change that introduces a new surcharge for removing liquidity in Nasdaq 100 Index options. This directly impacts Non-Priority Customers by increasing transaction costs, influencing trading behavior and liquidity on the exchange, which business owners and executives need to consider for financial planning and compliance with updated fee structures.