2 Jul 2025
📈Nasdaq Options Market Proposed Rule Change on Fees and Rebates
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend The Nasdaq Options Market LLC (“NOM”) Rules at Options 7, Section 2, Nasdaq Options Market-Fees and Rebates
Summary
The Nasdaq Stock Market LLC has proposed rule changes to amend its options market fees and rebates, specifically enhancing the incentives for Market Makers who add liquidity in penny symbols. These adjustments aim to foster greater market participation and improve order flow on the Nasdaq Options Market.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change to amend NOM rules regarding fees and rebates directly affects market participants by incentivizing increased liquidity, particularly for NOM Market Makers. Changes in rebate structures may lead to enhanced competitiveness and profitability for firms involved in options trading.