The Nasdaq Options Market (NOM) Participation

The Nasdaq Options Market (NOM) offers participants a price/time priority trading system running on Nasdaq's proven world-class technology. The trading system offers low-latency trading, routing to other exchanges, price improvement, and sophisticated trading functionality such as reserve and minimum acceptable quantity (MAQ) orders.

How to Become a NOM Participation

Firm must be a Nasdaq Member and submit all applicable documentation.

Existing Nasdaq Members:

  1. Complete the Options Participant Application.
  2. Firms that are not self-clearing need to complete a Letter of Guarantee. Self-clearing firms need to complete this Letter of Guarantee.
  3. Currently, there is no application fee for NOM.

Completed application documents can be sent to:

Documents may be submitted in PDF format via email to:

Alternatively, send applications to:

Nasdaq Membership Department
1900 Market Street, 2nd Floor
Philadelphia, PA 19103-3584

This page was last updated February 2015.