Nasdaq MRX, LLC filed a new rule change with the Securities and Exchange Commission (SEC) to amend its pricing schedule concerning options trading. The proposed changes include adopting new rebates for Penny Symbol Makers, adjusting fees for Penny Symbol Takers, removing discounts on those fees, and changing the volume requirements for qualifying tiers. The SEC is inviting public comments on these changes until March 13, 2025, and the amendments are designed to take effect immediately. This notice ensures transparency and compliance with regulatory processes.
Simple Explanation
Nasdaq MRX wants to change some of the prices for buying and selling options and is asking people if they have any thoughts about this until March 13, 2025. They haven't explained clearly why they're making these changes or who might be affected by them.