Nasdaq ISE, LLC has proposed a new rule to establish fees for its flexible exchange options, known as FLEX Options. This proposal was filed with the Securities and Exchange Commission (SEC) and will be effective immediately, with the changes set to operate starting April 7, 2025. The SEC is inviting the public to comment on this proposed rule change by April 10, 2025. Interested persons can submit their comments electronically or via mail, ensuring to reference the file number SR-ISE-2025-10.
Simple Explanation
Nasdaq ISE wants to start charging new fees for a special kind of option trading called FLEX Options, and they told the SEC about it. They want people to say what they think about these fees by April 10, but the fees will start being used from April 7, 2025.