10 Jun 2025
💵NYSE American Proposes Increased Rebates for Options Trading
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 To Increase the Amount of Certain CUBE Auction Credits
Summary
The Securities and Exchange Commission published a notice about NYSE American LLC's proposal to amend its options fee schedule, specifically to increase certain CUBE Auction credits. The changes aim to encourage participation in these auctions by offering enhanced rebates to ATP Holders, ultimately improving market liquidity and execution quality.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by NYSE American LLC may impact businesses involved in options trading by increasing rebates for ATP Holders, enhancing liquidity and competition in the market. The modification of fees could lead to improved execution and pricing for customers, making it cost-effective for businesses to participate in CUBE Auctions.