23 Sep 2025
📈Nasdaq MRX Proposes Changes to Options Trading Fees
Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Options 7, Section 6, Ports and Other Services
Summary
The Nasdaq MRX has announced a proposed rule change regarding adjustments to its SQF Port and SQF Purge Port fees, impacting Market Makers. The amendments include a new pricing structure and the removal of fee waivers, set to become effective starting January 1, 2026. The changes aim to align MRX fees with those of other exchanges while removing current caps on fees.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change includes fee adjustments for SQF Ports and SQF Purge Ports, directly impacting costs for Market Makers, which can affect profitability and operational strategies. Additionally, the removal of the fee cap and the elimination of a fee waiver further has financial implications for business owners in this sector.