Federal Register #SR-NASDAQ-2026-043

SEC Notice: Nasdaq Proposed Rule Change for Options 7, Section 1 (Definitions and Pricing)

This notice concerns a proposed regulatory change, not a procurement opportunity. - Government buyer: - Securities and Exchange Commission (SEC) - No OEMs, vendors, or commercial products/services are mentioned - Subject: Proposed rule change by The Nasdaq Stock Market LLC to amend Options 7, Section 1 - Introduces definitions for 'Exposed Order' and 'Lead Market Maker' as part of a technology migration - Clarifies pricing rules for these order types, including Taker Fees and Maker Rebates/Fees - Aims to enhance market participation and competition - No products, part numbers, or purchase quantities requested - No unique technical or performance requirements relevant to procurement - The SEC is soliciting public comments on the proposed rule change

Description

The Securities and Exchange Commission published a notice regarding a proposed rule change filed by The Nasdaq Stock Market LLC. The rule change proposes amendments to Options 7, Section 1, including definitions of 'Exposed Order' and 'Lead Market Maker' in connection with a technology migration effective July 27, 2026. The proposal aims to clarify pricing applications for these terms and enhance market participation and competition. The rule change has been filed for immediate effectiveness and is open for public comment until June 5, 2026.

View original listing