15 May 2025
💰Nasdaq Proposes New Fee Credits for Liquidity Providers
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Exchange's Fee Schedule To Provide for Two New Credits for Members That Add More Than a Threshold Amount of Liquidity as Well as Act as Designated Liquidity Providers for Exchange Traded Products for a Threshold Number of Securities During a Month
Summary
The Nasdaq Stock Market LLC proposed a rule change to amend its fee schedule, introducing new credits for members that exceed liquidity thresholds as designated liquidity providers for exchange-traded products. This initiative aims to enhance competitiveness and facilitate increased trading activity in specific securities, providing financial incentives to members.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change by Nasdaq introduces new fee credit structures aimed at incentivizing members to act as designated liquidity providers for exchange-traded products, which directly affects trading strategies and cost structures for businesses engaged in securities.