📈SEC Notice on Amendments to Options Trading Rules
The SEC published a notice regarding MEMX LLC's proposal to amend its options trading rules, specifically Rules 18.7 and 18.9, concerning position and exercise limits. The proposed changes aim to align MEMX's rules with those of other exchanges, enhancing clarity and consistency, while ensuring compliance with existing regulatory frameworks.
Learn More💻New Monthly Fee for Accessing MIAX Pearl Testing Systems
MIAX Pearl LLC has proposed a rule change to amend their fee schedule for accessing their testing systems environment. A new fee of $1,000 per month will apply for dedicated cross connections, while VPN access remains free. This change aims to enhance the testing experience for Members and non-Members, ensuring optimal system performance before live trading.
Learn More📈SEC Proposes Rule Change for Options on Commodity-Based Trust Shares
The SEC publishes a notice regarding a proposed rule change by BOX Exchange to amend trading regulations, specifically to permit options on Commodity-Based Trust Shares. This aims to enhance market efficiency and investor opportunities by aligning these options with existing ETF trading practices, reflecting a competitive environment in financial markets.
Learn More💰Nasdaq MRX Proposes Options Regulatory Fee Increase
The Securities and Exchange Commission has announced Nasdaq MRX's proposal to increase the Options Regulatory Fee temporarily. The fee adjustment aims to address regulatory costs related to options trading, with the new rate set to sunset on December 31, 2025, reverting to the original rate thereafter. The notice invites public comments on the proposal.
Learn More💼Nasdaq Proposes Decrease in Options Regulatory Fee and Discontinuation Plans
The Securities and Exchange Commission published a notice on Nasdaq's proposed rule change to lower the Options Regulatory Fee (ORF) and discontinue the ORF model set for June 2025. This decision is aimed at adapting to rising options volume while ensuring the fee structure remains equitable and effective in covering regulatory costs.
Learn More📈Nasdaq BX Proposes Temporary Increase in Options Regulatory Fee
The Securities and Exchange Commission has published a notice from Nasdaq BX, Inc. about a proposed temporary increase in the Options Regulatory Fee from $0.0005 to $0.0008 per contract side. This change, effective May 1, 2025, aims to better align regulatory revenue with the Exchange's operational costs and will revert to the previous rate after December 31, 2025.
Learn More📈NYSE American Proposes New FLEX Options for Bitcoin ETFs
The SEC notice details NYSE American's proposed amendment to enable FLEX Options on bitcoin-holding ETFs, including Grayscale and Bitwise. The rule aims to enhance trading flexibility and efficiency, facilitating investor access while maintaining regulatory safeguards against manipulation. This is anticipated to attract increased market participation and liquidity.
Learn More📈Nasdaq GEMX Discontinues Proposed Options Regulatory Fee Model
Nasdaq GEMX proposes to discontinue the Options Regulatory Fee model scheduled for June 2025 due to feedback from members and an upcoming technology migration at the OCC. The Exchange is evaluating a new model focused solely on on-exchange transactions, aiming for fairness and simplicity in fee assessments.
Learn More📈Proposed Rule Change for FLEX Options to Allow Cash Settlement
The Securities and Exchange Commission announced amendments to the rules governing FLEX Options, enabling cash settlement for certain equity securities. This change aims to enhance trading opportunities and provide risk management tools for market participants, ultimately promoting market liquidity and transparency. The Exchange expects this will spur competition with the OTC market and broaden access to these financial instruments.
Learn More📈NYSE American Options Fee Schedule Waived for May-July 2025
The Securities and Exchange Commission has announced a proposed rule change from NYSE American LLC to waive the maximum combined credits for Floor Broker firms in their Options Fee Schedule for May, June, and July 2025. This change aims to support liquidity and encourage continued business engagement on the Exchange amidst market volatility.
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