17 Mar 2025
💰NYSE Arca Proposes Changes to Options Fee Schedule
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the NYSE Arca Options Fee Schedule To Increase Lead Market Maker Manual Transaction Fees and Remove Obsolete Text Related to the Options Regulatory Fee
Summary
The NYSE Arca has submitted a notice of filing to increase the manual transaction fees for Lead Market Makers and to remove obsolete text related to the Options Regulatory Fee. The changes are designated for immediate effectiveness and aim to clarify the fee schedule, enhancing operational consistency for traders on the exchange.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change increases manual transaction fees for Lead Market Makers from $0.30 to $0.50 per contract. This fee adjustment may impact trading costs and profitability for businesses that engage with NYSE Arca, directly affecting their operational expenses and pricing strategies.