21 Jul 2025
💰NYSE American Proposes Changes to Options Fee Schedule
Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the NYSE American Options Fee Schedule To Restructure the Presentation of the Manual Billable Rebate Program and Delete Obsolete Pricing
Summary
The SEC has published a notice regarding NYSE American LLC's proposed modification of its Options Fee Schedule. The changes aim to restructure the Manual Billable Rebate Program for better clarity and usability, while also eliminating obsolete pricing references, thereby enhancing the understanding of available rebates for market participants.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposal to modify the NYSE American Options Fee Schedule impacts business practices, particularly for floor brokers participating in the FB Prepay Program. The restructured rebate program could lead to potential cost savings or additional revenue based on trading volume, thus affecting financial performance.