6 Aug 2025
📈NYSE American Options Fee Schedule Waiver
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 Waive the Combined Cap on Floor Broker Credits Paid for QCC Trades and Rebates Paid Through the Manual Billable Rebate Program for the Months of August, September and October 2025
Summary
The SEC has published a notice regarding a proposed rule change by NYSE American to waive maximum combined Floor Broker credits for certain trades during selected months. This adjustment aims to promote liquidity and encourage continued trading activity within the exchange, thereby enhancing the overall market execution environment for participants.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed waiver of the maximum Floor Broker credits for QCC trades presents a direct financial implication for Floor Broker firms, potentially leading to increased liquidity and competitive order flow for businesses utilizing the NYSE American Exchange. This regulatory change encourages continued participation in market transactions, benefiting all market participants.