14 Mar 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 Increase Specialist and e-Specialist Manual Transaction Fees and Remove Obsolete Text Related to the Options Regulatory Fee and NYSE FANG+ Index
Summary
The NYSE American LLC has filed a proposed rule change to increase manual transaction fees for specialists and e-specialists and to remove outdated language from the Options Fee Schedule. This change is aimed at modernizing the fee structure, with immediate effectiveness designated as of March 2025. The proposal invites comments from interested parties regarding its consistency with existing regulations.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change to increase transaction fees for specialists and e-specialists directly impacts the cost structure for businesses engaging in options trading on NYSE American. Higher fees may affect profit margins and trading strategies, necessitating reassessment by business owners and executives.