4 Sep 2025
💼Nasdaq Proposes Rule Change Affecting Order Entry Fees
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule Equity 7, Section 115 and Rule Equity 7, Section 130
Summary
The Securities and Exchange Commission published a notice of Nasdaq's proposed rule change to amend Equity 7, Sections 115 and 130. The amendments involve establishing a $575 monthly fee for new CORE FIX Order entry ports and introducing temporary fee waivers to incentivize adoption of these ports, enhancing the trading experience for users.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change includes the addition of new fee structures and waivers for CORE FIX Order entry ports, which directly impacts costs for businesses utilizing Nasdaq services, encouraging them to adopt this new protocol. This indicates an evolving regulatory environment affecting trading practices.