10 Sep 2025
💼Nasdaq PHLX Proposes Amendments to Options Port Fees
Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Phlx Options 7, Section 9
Summary
The Securities and Exchange Commission has published a notice regarding Nasdaq PHLX LLC's proposed rule changes to amend the pricing of its Specialized Quote Feed Ports and Purge Ports. The amendments aim to align fees with industry standards while enhancing liquidity and trading mechanisms for Market Makers within the options market.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed amendments to the SQF Port and SQF Purge Port fees represent important changes to regulatory compliance for Market Makers, impacting their operational costs and strategic decisions. Specifically, the fee adjustments could influence market competitiveness and liquidity obligations.