💰Nasdaq Proposes Changes to Options Regulatory Fee Structure
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Methodology for Its Options Regulatory Fee (ORF) as of January 2, 2026
Summary
The Nasdaq Stock Market LLC has proposed changes to its Options Regulatory Fee methodology, shifting the charge structure for options transactions on its platform. The new rules, which will be effective January 2, 2026, aim to streamline regulatory costs and align fees with customer transaction volume, significantly impacting market participants and their operational costs.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change regarding the Options Regulatory Fee (ORF) by The Nasdaq Stock Market LLC impacts business owners and executives by altering cost structures for options transactions. As the ORF methodology changes from $0.0005 to $0.0157 per contract, businesses will need to adjust their pricing strategies to accommodate these increased regulatory costs, directly affecting profitability.