Notice 23 Sep 2025 market makers, financial services, compliance, options trading, securities regulation

📈New Options Trading Rules Approved by SEC for IEX

The SEC has approved Investors Exchange LLC's proposed rules for a new options trading system, IEX Options, which aims to create a fully automated trading environment. This includes measures such as an Options Risk Parameter to help protect market makers from excessive risks and an access delay for more accurate market insights.

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Notice 23 Sep 2025 market makers, nasdaq, trading fees, financial regulations, options trading, sec

📈Nasdaq MRX Proposes Changes to Options Trading Fees

The Nasdaq MRX has announced a proposed rule change regarding adjustments to its SQF Port and SQF Purge Port fees, impacting Market Makers. The amendments include a new pricing structure and the removal of fee waivers, set to become effective starting January 1, 2026. The changes aim to align MRX fees with those of other exchanges while removing current caps on fees.

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Notice 19 Sep 2025 options trading, incentives, nasdaq, market makers, financial regulation

💵Nasdaq BX Proposes New Incentives for Options Market Makers

Nasdaq BX, Inc. filed a proposed rule change to amend its Pricing Schedule, introducing new incentives for Lead Market Makers. The changes aim to enhance liquidity and reward increased trading volume in options, thereby affecting marketplace dynamics for participants. The proposal emphasizes financial benefits tied to executing higher volumes and market contributions.

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Notice 17 Sep 2025 administrative fees, market makers, cboe, exchanges, trading fees, securities regulation

📊Cboe EDGX Proposes New Administrative Fee Impacting Traders

The Cboe EDGX Exchange has filed a proposed rule change to amend its fee schedule by introducing an administrative fee aimed at offsetting costs related to its Marketing Fee program. The fee, set at 0.45% of total monthly funds collected, raises concerns about potential impacts on trading costs and competitive dynamics in the options market.

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Notice 10 Sep 2025 fees, market makers, securities, nasdaq, regulation, options trading

💲Nasdaq BX Proposes New Fees for SQF Ports and Purge Ports

The Securities and Exchange Commission has published a notice regarding Nasdaq BX, Inc.’s proposed amendments to its fee structures for SQF Ports and Purge Ports in the options market. The changes will affect the pricing for Market Makers, with tiered rates depending on the number of ports utilized, and are effective beginning January 1, 2026.

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Notice 10 Sep 2025 market makers, port fees, nasdaq, options, regulatory compliance

💼Nasdaq PHLX Proposes Amendments to Options Port Fees

The Securities and Exchange Commission has published a notice regarding Nasdaq PHLX LLC's proposed rule changes to amend the pricing of its Specialized Quote Feed Ports and Purge Ports. The amendments aim to align fees with industry standards while enhancing liquidity and trading mechanisms for Market Makers within the options market.

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Notice 10 Sep 2025 fees, market makers, financial services, regulatory changes, gemx, trading

💰Proposed Amendments to GEMX SQF Port Fees Impacting Market Makers

The Securities and Exchange Commission has published a notice regarding Nasdaq GEMX's proposed amendments to the pricing structure of its Specialized Quote Feed (SQF) Ports. These changes include new fee schedules for Market Makers, aiming to enhance trading capabilities while aligning with industry standards. The proposal emphasizes equity and non-discrimination among Market Makers using the platform.

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Notice 27 Aug 2025 sec, securities, regulatory change, trading fees, nasdaq, options trading, gemx, market makers

📉GEMX Proposes Changes to Maker Rebates and Taker Fees

The Securities and Exchange Commission has published a notice regarding a proposed rule change by Nasdaq GEMX to amend pricing schedules for options trading. The amendment includes adjustments to Maker Rebates for Market Makers and changes to Taker Fees for Priority Customers, aimed at incentivizing order flow and maintaining competitive market dynamics.

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Notice 22 Aug 2025 trading, regulation, securities, nyse, auction, market makers

📈NYSE Rule Change Enhances Auction Price Calculations

The New York Stock Exchange proposes amendments to Rules 7.35A and 7.35C, aiming to improve reference price calculations for auctions. By adopting a more dynamic formula that considers recent trading activities, the changes seek to enhance market transparency, benefiting investors and participants by providing a more accurate reflection of current market conditions.

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Notice 21 Aug 2025 compliance, regulation, securities, exchanges, market makers

📈MEMX Rule Change Notice for Improved Compliance and Clarity

The Securities and Exchange Commission publishes MEMX LLC's proposed rule change aimed at correcting non-substantive errors in their rulebook. The changes include updates to typographical errors, cross-references, and outdated citations to provide greater accuracy and clarity, ultimately serving to protect investors and enhance the trustworthiness of the exchange's operations.

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