Search Results for keywords:"Options Fee Schedule"

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Search Results: keywords:"Options Fee Schedule"

  • Type:Notice
    Citation:86 FR 8449
    Reading Time:about 18 minutes

    The NYSE American LLC has proposed changes to its co-location services, specifically to their Equities Price List and Fee Schedule and the Options Fee Schedule. The changes aim to introduce two new Partial Cabinet Solution bundles, Options E and F, which offer upgraded network connections for users who need fast data transfer but can't justify the expense of a dedicated cabinet. The proposal states that these bundles would be available for the same setup fee as current options but with different monthly charges, and a 50% monthly fee reduction for the first year is offered if purchased by the end of 2021. The proposed rule change is designed to increase choice in a competitive market without treating any group unfairly.

    Simple Explanation

    The NYSE American LLC wants to offer new choices for sharing computer space where people trade stocks, making it cheaper and faster for everyone. They promise these new choices won't be unfair, but some people are worried because they didn't say much about the reasons for the prices or how it will really help everyone compete.

  • Type:Notice
    Citation:90 FR 12424
    Reading Time:about 3 minutes

    MEMX LLC, a self-regulatory organization, has proposed a change to its Options Fee Schedule. This change would decrease the rebate for certain transactions that add liquidity in Non-Penny options by customers on their platform. The proposal was filed with the Securities and Exchange Commission (SEC) and is expected to take immediate effect on March 3, 2025. The SEC invites the public to comment on this proposal by April 7, 2025, through their website or by email.

    Simple Explanation

    MEMX LLC wants to change the way they give money back to people who help keep their marketplace busy by trading special options, but they haven't explained why or how it will help anyone.

  • Type:Notice
    Citation:86 FR 8930
    Reading Time:about 14 minutes

    The NYSE American LLC has proposed a rule change that was filed with the Securities and Exchange Commission (SEC) on February 1, 2021, to amend its Options Fee Schedule. This amendment introduces a new credit system for Customer Electronic executions, aiming to incentivize ATP Holders by offering a $0.10 per contract credit if certain trading volume thresholds are met. The goal is to attract more trading activity, thereby enhancing market depth, price discovery, and competition while benefiting all market participants. The SEC is inviting public comments on this proposed rule change, which is effective upon filing but can be temporarily suspended by the Commission within 60 days if deemed necessary.

    Simple Explanation

    The NYSE American LLC wants to change its rules so that people who trade lots of options (like contracts for buying or selling stocks) can get a little bit of money back. This is to make more people trade with them and make the market better for everyone who buys and sells things.

  • Type:Notice
    Citation:86 FR 7321
    Reading Time:about 15 minutes

    The Securities and Exchange Commission (SEC) is reviewing a proposed rule change filed by NYSE American LLC to amend its Options Fee Schedule. This change involves adjusting the credit levels for specific transactions in the American Customer Engagement (ACE) Program, aiming to encourage greater order flow and market participation. The proposed rate amendment would take effect as of January 13, 2021, and seeks to maintain competitiveness while providing incentives for increased trading activity on the exchange. Public comments are invited to provide input on the proposal before it is finalized.

    Simple Explanation

    Imagine a big store called the NYSE, where people buy and sell things called options. This store wants to change the price it charges so more people will come to buy and sell. They're asking people what they think about this new price before they decide to use it.

  • Type:Notice
    Citation:90 FR 11335
    Reading Time:about 3 minutes

    NYSE American LLC submitted a rule change to the Securities and Exchange Commission (SEC) to modify its Options Fee Schedule by removing outdated pricing information. This change was filed on February 24, 2025, and is effective immediately. The SEC is asking for public comments on this proposed rule change, and submissions can be sent via their website or email by March 26, 2025. All comments must be identified with the file number SR-NYSEAMER-2025-08.

    Simple Explanation

    NYSE American changed a list of fees to take out old information that doesn't matter anymore, and the SEC wants people to tell them what they think about this change by March 26, 2025.

  • Type:Notice
    Citation:90 FR 8059
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) has announced that NYSE Arca, Inc. filed a proposed rule change to modify its Options Fee Schedule. The modifications include increasing the required QCC volume for Floor Brokers to earn credits, introducing a new rebate based on combined QCC and manual billable volume, and adjusting the maximum combined credits and rebates for QCC and manual billable programs. Additionally, the proposed change allows Floor Brokers in the Fixed Cost Prepayment Incentive Program to maintain their status if they restructure. These changes became effective on January 14, 2025, and the SEC is inviting public comments on the proposal until February 13, 2025.

    Simple Explanation

    The SEC says that some rules about paying for trades on the NYSE Arca have changed, like how brokers can get discounts and what happens if they change their setup. People can tell the SEC what they think about these changes until February 13, 2025.

  • Type:Notice
    Citation:90 FR 12188
    Reading Time:about 3 minutes

    The Securities and Exchange Commission has published a notice regarding a rule change proposed by NYSE American LLC. The exchange aims to modify its Options Fee Schedule by increasing the manual transaction fee for Specialists and e-Specialists from $0.30 to $0.50 per contract. Additionally, the exchange plans to remove outdated text about the Options Regulatory Fee and the NYSE FANG+ Index. The proposed changes are set to take immediate effect on March 7, 2025, and the public is invited to submit comments on the proposal until April 4, 2025.

    Simple Explanation

    The NYSE American is changing its rules so that people who help trade options (called "Specialists and e-Specialists") have to pay a bit more money each time they help trade. They're also getting rid of some old rules that they don't need anymore. People can share their thoughts about these changes until early April.

  • Type:Notice
    Citation:89 FR 95867
    Reading Time:about 17 minutes

    In a recent filing with the Securities and Exchange Commission, NYSE Arca, Inc. proposed changes to its fee schedule to replace the current incentives available for Market Makers. These changes involve eliminating the existing "Additional Credit" and introducing two new tiersβ€”Super Select Tier and Super Select Tier IIβ€”to attract increased trading volume. The modified structure aims to make achieving the tiers more attainable for traders by lowering volume requirements in specific high-volume issues while slightly raising cross-asset activity requirements. By encouraging more trading on NYSE Arca, the proposal hopes to enhance liquidity and execution opportunities for all market participants.

    Simple Explanation

    Imagine a store is changing the way it rewards its best customers by giving them easier tasks to earn special discounts, hoping more people will shop there and make everyone get better deals overall.

  • Type:Notice
    Citation:90 FR 12373
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) has announced a proposed rule change by NYSE Arca, Inc. The rule aims to modify the fee schedule for options trading by increasing the fee for manual transactions executed by Lead Market Makers from $0.30 to $0.50 per contract and removing outdated text concerning the Options Regulatory Fee. This change will take effect on March 7, 2025, and the SEC is inviting public comments on this proposal until April 7, 2025. Interested parties can submit their views electronically or via mail, ensuring that their submissions are identified with the file number SR-NYSEARCA-2025-23.

    Simple Explanation

    The people in charge of the rules for stock trading want to make it a bit more expensive for special traders, called Lead Market Makers, to trade by hand. They want to change the cost from 30 cents to 50 cents for each trade, and they're also cleaning up some old stuff that doesn't matter anymore.

  • Type:Notice
    Citation:90 FR 9174
    Reading Time:about a minute or two

    On November 25, 2024, NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to modify its Options Fee Schedule concerning the Options Regulatory Fee (ORF), which became effective immediately. However, on January 23, 2025, the SEC temporarily suspended the rule to consider further whether it should be approved or disapproved. Subsequently, on January 27, 2025, NYSE Arca withdrew its proposed rule change.

    Simple Explanation

    NYSE Arca wanted to change a rule about a fee for December, but after thinking about it more, they decided to take back the idea. Now, they won’t make that change after all.