💰Nasdaq MRX Proposes Changes to Options Regulatory Fee Structure
Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Methodology for Its Options Regulatory Fee as of January 2, 2026
Summary
Nasdaq MRX plans to amend its Options Regulatory Fee structure to enhance revenue collection from member firms for options transactions. Effective January 2, 2026, the ORF will increase, affecting transaction costs for various market participants, with an intent to better align regulatory fees with actual regulatory costs incurred by the exchange.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change by Nasdaq MRX will significantly alter the Options Regulatory Fee (ORF) structure, effective January 2, 2026, impacting transaction costs for members executing options. The increase in ORF from $0.0004 to $0.0139 per contract side directly affects operational costs and financial planning for trading firms, hence possessing significant compliance and regulatory implications.