27 Aug 2025
📉GEMX Proposes Changes to Maker Rebates and Taker Fees
Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend GEMX Options 7, Section 3
Summary
The Securities and Exchange Commission has published a notice regarding a proposed rule change by Nasdaq GEMX to amend pricing schedules for options trading. The amendment includes adjustments to Maker Rebates for Market Makers and changes to Taker Fees for Priority Customers, aimed at incentivizing order flow and maintaining competitive market dynamics.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed changes to GEMX’s Pricing Schedule for Maker Rebates and Taker Fees directly affect trading costs for Market Makers and Priority Customers, potentially influencing their trading strategies. The reduction in rebates and adjustments in fees signifies a shift in incentive structures that may alter order flow, impacting overall market dynamics.