8 May 2025
📈NYSE American Options Fee Schedule Waived for May-July 2025
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 May, June and July 2025
Summary
The Securities and Exchange Commission has announced a proposed rule change from NYSE American LLC to waive the maximum combined credits for Floor Broker firms in their Options Fee Schedule for May, June, and July 2025. This change aims to support liquidity and encourage continued business engagement on the Exchange amidst market volatility.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change waives the cap on Floor Broker credits and rebates, which could directly influence business profitability for trading firms. This measure aims to sustain liquidity and prevent market participants from redirecting order flow to competing exchanges.