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Tuesday, July 22, 2025

Options Trader Alert #2025 - 33
Options Regulatory Fee Announcement, Effective January 2, 2026

Category:

  • Pricing

Markets Impacted:

Contact Information:

Resources:

On January 2, 2026, Nasdaq proposes to modify its current ORF across its 6 options markets to continue to assess ORF for options transactions cleared by OCC in the Customer range, however ORF would be assessed to each member for executions that occur on the particular options exchange.  Specifically, the ORF would continue to be collected by OCC on behalf of each options exchange from members and non-members for all Customer transactions executed on the particular options exchange.  ORF would be assessed and collected on all ultimately cleared Customer contracts, taking into account adjustments for CMTA that were provided to the particular options exchange the same day as the trade.


Exchange Amended ORF
PHLX $0.0150
NOM $0.0157
GEMX $0.0116
MRX $0.0116
BX $0.0198
ISE $0.0092


Please contact sales@nasdaq.com with any additional questions.


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