Welcome to NASDAQOMXtrader.com for Options and Futures

Wednesday, August 22, 2012

Options Trader Alert #2012 - 53
NASDAQ OMX PHLX Changes Minimum Quote Size Requirement in AAPL, BIDU, and BRK.B

Markets:

Contact Information:

What you need to know:

  • Effective Tuesday, September 4, 2012, PHLX is changing the minimum quote size requirement in AAPL, BIDU, and BRK.B from 10-up to 5-up.

What is changing?

PHLX is changing the minimum quote size requirement in AAPL, BIDU, and BRK.B from 10-up to 5-up, effective Tuesday, September 4, 2012. Market Makers quoting on PHLX through the Specialized Quote Feed (SQF) may submit quotes with a minimum size of 5 contracts in these three symbols.

Where can I find more information?


Please follow NASDAQ OMX on Facebook RSS and Twitter.

About the NASDAQ OMX Group:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.