20 Feb 2025
💰Nasdaq MRX Proposed Rule Change on Options Pricing Schedule
Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Its Pricing Schedule at Options 7, Section 1 Regarding Unrelated Interest Pricing and Options 7, Section 3 Regarding Fees and Rebates for Regular Orders
Summary
The SEC has published a notice regarding Nasdaq MRX's proposed rule change to amend its pricing schedule. Key changes include the adoption of Penny Symbol Maker Rebates, modifications to Taker Fees, and adjustments to volume requirements, all aimed at refining the trading fee structure on the exchange.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change amends Nasdaq MRX's Pricing Schedule, impacting fees and rebates associated with options trading. Adjustments like adopting Penny Symbol Maker Rebates and amending volume requirements can affect trading costs and overall operations for businesses engaged in options trading.