Federal Register #SR-NYSEAMER-2026-44

SEC Review of NYSE American LLC Proposed Options Fee Schedule Changes

This notice concerns a proposed regulatory change by NYSE American LLC, reviewed by the Securities and Exchange Commission (SEC): - Government buyer: - Securities and Exchange Commission (SEC) - OEMs and vendors mentioned: - NYSE American LLC (operator of the exchange) - SEC (regulatory authority) - Products/services requested: - No products or services are being procured; this is a regulatory change - Key details of the proposed rule change: - Increases the fee for Market Makers' manual transactions in non-Penny issues from $0.50 to $1.00 per contract - Establishes a $0.20 per contract rebate for Floor Broker orders that trade with Market Maker orders - Aims to incentivize Floor Brokers to direct more manual orders to the Exchange and maintain Market Maker participation - References to competing exchanges (BOX Exchange, MIAX Sapphire Options Exchange) for comparison - No procurement of goods or services; this is a fee schedule modification affecting trading participants

Description

The Securities and Exchange Commission (SEC) issued a notice about a proposed rule change by NYSE American LLC to modify the NYSE American Options Fee Schedule. The changes specifically address fees and rebates applicable to manual transactions on the trading floor. The proposal includes increasing fees for Market Makers' manual transactions in non-Penny issues and establishing a rebate for Floor Broker orders that trade with Market Maker orders. The rule change is effective immediately upon filing and aims to incentivize trading activity and improve market quality on the Exchange.

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