The Nasdaq Stock Market LLC has filed a proposed rule change to raise fees for specific port types in its Options Market rules, specifically the Specialized Quote Feed (SQF) Ports and SQF Purge Ports. The rule change was submitted with the Securities and Exchange Commission (SEC) on December 20, 2024, and has been classified for immediate effect, with the rule to be operational starting January 1, 2025. The SEC is inviting public comments on this proposal, which can be submitted via its website or by mail. The proposal aims to adjust Nasdaq’s port pricing and has been discussed in detail on both Nasdaq and SEC websites.
Simple Explanation
Nasdaq wants to charge a bit more money for some special tools it offers to people buying and selling options. They asked for permission to start doing this soon, and people are welcome to say what they think about this idea.