27 Jun 2025
📈Amendments to GEMX Pricing Schedule
Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend GEMX's Pricing Schedule To Amend Certain Taker Fees and the Qualifying Tier Thresholds
Summary
The SEC has announced a notice regarding a proposed rule change by Nasdaq GEMX to amend its Pricing Schedule. Key amendments involve adjustments to Taker Fees and Qualifying Tier Thresholds, affecting fees for Market Makers and other participants, aimed at encouraging liquidity and competitive pricing for trading on GEMX.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text outlines changes to GEMX's Pricing Schedule, including amendments to Taker Fees for various market participants, affecting transaction costs for businesses engaged in options trading. The changes incentivize liquidity provisions and could impact profitability for firms involved in trading.