23 Apr 2025
💰NYSE American Options Fee Schedule Amendment for CUBE Auctions
Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the NYSE American Options Fee Schedule Regarding Certain Fees and Rebates Applicable to Volume Executed in the CUBE Auctions
Summary
The Securities and Exchange Commission announces a proposed rule change by NYSE American LLC to amend the Fee Schedule concerning volume executed in CUBE Auctions. The updates include new qualifying criteria for credits and rebates that aim to enhance liquidity and encourage participants to increase their auction order flow.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The regulatory filing outlines changes to the NYSE American Options Fee Schedule that could impact trading costs and incentives for ATP Holders. Specifically, it proposes new fee structures and rebates designed to encourage liquidity and participation in CUBE Auctions, which may significantly influence trading strategies and costs for businesses involved in options trading.