Opportunity
Federal Register #SR-GEMX-2026-10
SEC Notice: Nasdaq GEMX Rule Change for XND Options Trading Increments
Securities and Exchange Commission
March 25, 2026
April 15, 2026
SR-GEMX-2026-10
This notice concerns a proposed regulatory rule change, not a procurement opportunity. - Government Buyer: - Securities and Exchange Commission (SEC) - Nasdaq GEMX, LLC (self-regulatory organization filing the rule change) - OEMs and Vendors: - No OEMs or vendors are mentioned, as this is not a procurement action - Products/Services Requested: - No products or services are being procured - The notice addresses a rule amendment to codify a $0.01 minimum trading increment for Nasdaq-100 Micro Index (XND) Options - Unique or Notable Requirements: - The rule change aligns GEMX's trading increment rules with those of Nasdaq ISE, LLC - Coordination with other self-regulatory organizations (FINRA, MEMX, MX2) is referenced - Implementation timeframes for the Fixed Income Clearing Corporation (FICC) QRM Methodology Document are discussed - No contract value, period of performance, or delivery locations are applicable, as this is a regulatory filing
Description
Nasdaq GEMX, LLC has filed a proposed rule change to amend Options 3, Section 3, regarding Minimum Trading Increments. The amendment codifies the minimum trading increments for Nasdaq-100 Micro Index (XND) Options, specifying a minimum increment of $0.01, consistent with the current trading on Nasdaq ISE, LLC. The change aims to harmonize GEMX rules with those of ISE and promote just and equitable principles of trade, removing impediments to a free and open market.