📈Nasdaq PHLX Updates Complex Order Functionality for Traders
Nasdaq PHLX LLC proposes amendments to its complex order functionality to enhance trading efficiency and regulatory compliance. The changes align with existing systems at Nasdaq ISE and MRX, aiming for improved performance and scalability in complex options trading. This update includes rule modifications affecting legging orders, complex order strategies, and risk protections to better serve market participants.
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.
Learn More📈Delay in Options Regulatory Fee Implementation by Nasdaq PHLX
The Securities and Exchange Commission issued a notice regarding Nasdaq PHLX's proposal to delay the implementation of a new Options Regulatory Fee and its methodology. The proposed changes are set to affect the effective date and fee structure, providing businesses with updated operational cost insights in the options market.
Learn More