29 Sep 2025
📈Nasdaq Options Proposed Rule Change Impacts Fees and Pricing
Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Pricing for New Functionality
Summary
The Securities and Exchange Commission is reviewing Nasdaq PHLX LLC's proposed rule change to establish pricing for new electronic options functionality. This includes fees for electronic FLEX Options, various mechanisms for order facilitation, and associated updates that aim to attract increased trading activity and enhance market liquidity.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document outlines proposed rule changes regarding pricing for transactions in electronically traded options, indicating compliance and regulatory requirements. This impacts business owners and executives who must adapt to new fee structures associated with their trading operations.