Notice 16 Apr 2025 nasdaq, financial regulation, phlx, business incentives, options market, rebates

💵Nasdaq PHLX Proposes Changes to Customer Rebate Program

Nasdaq PHLX LLC has filed a proposed rule change to amend its Customer Rebate Program, stipulating that if a member qualifies for multiple rebates, only the highest will be paid monthly. This change aims to streamline rebate payments while continuing to incentivize order execution against customer orders.

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