19 Feb 2025
📈Nasdaq Rule Change on Market Maker Incentives
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend NOM's Pricing Schedule at Options 7, Section 2(1) Regarding NOM Market Maker and Non-NOM Market Maker Incentives for Removing Liquidity in Penny Symbols
Summary
The Securities and Exchange Commission has published a notice regarding Nasdaq's proposed rule change to amend its pricing schedule related to market maker incentives for removing liquidity in penny symbols. This rule aims to adjust fee structures to facilitate improved trading conditions on the Nasdaq Options Market. Public comments are invited on the proposal.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by Nasdaq regarding the amendment of pricing schedules for market makers impacts financial incentives for businesses that trade options. Changes to liquidity fees could influence trading strategies and financial performance for those involved.