Federal Register #SR-NYSEAMER-2026-25

NYSE American LLC Proposes Changes to Options Fee Schedule

This notice concerns a proposed rule change by NYSE American LLC, published by the Securities and Exchange Commission (SEC), regarding modifications to the NYSE American Options Fee Schedule. - Government Buyer: - Securities and Exchange Commission (SEC) - Entity Proposing Change: - NYSE American LLC - Key Changes Proposed: - Increase the monthly cap on combined Floor Broker credits for Qualified Contingent Cross (QCC) trades and Manual Billable Rebate Program from $4 million to $5.5 million per month per Floor Broker firm - Eliminate the Floor Broker All-Or-None (AON) CUBE Rebate program - Eliminate the ATP Credit Simple/Complex Customer Electronic rebate program - Purpose and Impact: - Encourage greater Floor Broker participation - Increase market liquidity - Simplify the options fee schedule - Notable Details: - No procurement of products or services is involved; this is a regulatory notice affecting exchange fee structures - The eliminated incentive programs were underutilized

Description

This notice announces a proposed rule change filed by NYSE American LLC with the Securities and Exchange Commission to modify its options fee schedule. The changes include increasing the monthly cap on combined Floor Broker credits paid for Qualified Contingent Cross (QCC) trades and rebates through the Manual Billable Rebate Program from $4 million to $5.5 million. Additionally, the proposal eliminates two underutilized incentive programs: the Floor Broker All-Or-None (AON) CUBE Rebate and the ATP Credit Simple/Complex Customer Electronic rebate. The changes aim to incentivize Floor Broker participation and simplify the fee schedule, with an effective date of March 18, 2026.

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