📈NYSE American Waives Options Fee Cap for April 2025
The NYSE American proposes to waive the combined cap on Floor Broker credits for QCC trades for April 2025, encouraging continued order flow to the Exchange amidst heightened market activity. This adjustment aims to enhance liquidity and incentivize brokers to maintain transactions on the Exchange, thereby improving market quality for participants.
Learn More📈SEC Notice on MIAX Sapphire Proposed Rule Change for Error Accounts
The SEC is publishing a notice regarding MIAX Sapphire's proposed rule change to adopt Exchange Rule 2005, which establishes regulations for Floor Broker error accounts. This aims to improve clarity in exchanges' rule texts and ensure efficient processing of bona fide errors within the options trading framework.
Learn More💰Nasdaq PHLX Proposes Rule Changes Affecting Options Fees
The Nasdaq PHLX has filed a proposed rule change to amend its Pricing Schedule related to Multiply Listed Options Fees and clarify the structure of Floor Qualified Contingent Cross Rebates, highlighting how these rebates are paid to Floor Brokers and their potential impact on trading dynamics within the market.
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