Friday, March 15, 2019
Options Regulatory Alert #2019 - 5
PHLX, NOM, BX, ISE, GEMX and MRX - Quarterly Quote Spread Parameter Relief through June 21, 2019
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Markets Impacted:Contact Information:
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Effective March 18, 2019, the market maker quarterly quote width requirements on Nasdaq PHLX (PHLX), The Nasdaq Options Market (NOM), Nasdaq BX (BX Options), Nasdaq ISE (ISE), Nasdaq GEMX (GEMX) and Nasdaq MRX (MRX) will be effective through Please note there are no changes from the previous month bid/ask differentials.Opening: The following option classes* will have double (2x) bid/ask differential opening Valid Width Quote parameter relief on the following Nasdaq options exchanges:
Intra-day: The following option classes* will have $20.00 bid/ask differential intra-day quote width parameter relief on Nasdaq options’ exchanges:
*Please note that an option series with an expiration of 9 months or greater does not have bid/ask differential requirements. |
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