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Friday, June 16, 2017

Options Regulatory Alert #2017 - 25
Nasdaq Market Conditions Exemptions Online Submission Form Modifications

Category:

  • Nasdaq ISE
  • Nasdaq GEMX
  • Nasdaq MRX

Markets Impacted:

Contact Information:

Resources:

Effective Monday, June 26, 2017, Nasdaq Market Regulation will begin accepting opening quote parameter relief and quoting obligation relief for Nasdaq ISE, Nasdaq GEMX and Nasdaq MRX (collectively "Nasdaq ISE exchanges") electronically through the Nasdaq Market Conditions Exemptions Online Submission form.

Primary Market Makers (PMMs) and Competitive Market Makers (CMMs) will be able to utilize the online submissions form for all six Nasdaq options markets to report and/or request specific market conditions and/or quoting obligations relief. Please use the link below to access the online form.

Nasdaq Market Conditions Exemptions Online Submission Form

From June 19, 2017 through June 23, 2017, in preparation for the online request form modification, Nasdaq Market Regulation requests that all Nasdaq member firms submit "TEST" submissions for the Market Conditions Exemptions to ensure that each authorized staff can submit a form from their designated PC's.

Please designate the Root Symbol and Error Details fields as "TEST". Please remember to use your firms' current phone number and e-mail address. You will receive a confirmation disclosure e-mail verifying the submission was successful. Nasdaq Market Regulation will confirm your submission with a "Submission Received" response from Exchange Officials. If you do not receive an email disclosure or get a blank screen after clicking on the submit button, you will need to upgrade your web-browser to the latest version of JAVA and/or Adobe Flash.

Effective Monday, June 26, 2017, Nasdaq ISE exchanges will no longer accept email requests for opening quote parameter relief or quoting obligation relief.



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