📈Nasdaq MRX Proposes Fee Discount Changes for Market Makers
Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend MRX's Pricing Schedule Regarding a Complex Order Market Maker Fee Discount
Summary
The Securities and Exchange Commission has published a notice regarding Nasdaq MRX's proposed amendment to its pricing schedule, which aims to increase the fee discount for Market Makers when trading against Priority Customer orders originating from Affiliated Members or Entities. The changes are intended to enhance liquidity and encourage the flow of customer orders to the exchange, impacting trading operations within the options market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change increases Market Maker fee discounts in complex order transactions, which can affect pricing strategies and operational costs for businesses engaged in market making. This impacts liquidity and pricing dynamics within the options market, making it crucial for business owners and executives to adapt their strategies accordingly.