31 Jul 2025
💼Nasdaq ISE Proposes Options Regulatory Fee Increase by 2026
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Methodology for Its Options Regulatory Fee (ORF) as of January 2, 2026
Summary
Nasdaq ISE has filed a proposal aimed at amending its Options Regulatory Fee methodology, set to impact fee structure significantly from January 2, 2026. This change will only assess fees for options transactions cleared in the Customer range, resulting in an increase from $0.0013 to $0.0092 per contract side. The new rule aims to align regulatory costs with trading activities.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed increase in the Options Regulatory Fee (ORF) from $0.0013 to $0.0092 per contract side starting January 2, 2026, signifies increased financial obligations for businesses involved in options trading on the ISE. The changes to the fee assessment methodology are essential for compliance, impacting all participants trading customer options.