Type:Notice
Citation:90 FR 2770
Reading Time:about 3 minutes
The Securities and Exchange Commission published a notice about a rule change proposal by The Nasdaq Stock Market LLC. The proposal aims to adjust fees for several Nasdaq options market data products based on the inflation rate, including Best of Nasdaq Options (BONO) and Nasdaq ITCH to Trade Options (ITTO). The rule change was filed on December 26, 2024, and was marked for immediate effectiveness. The public is invited to submit comments regarding the proposal until February 3, 2025.
Simple Explanation
Nasdaq wants to change some fees for their options market services by making them go up with inflation, kind of like how prices for other things get more expensive over time. People can say what they think about this change until February 3, 2025.