Federal Register #SR-ISE-2026-28

SEC Notice: Nasdaq ISE, LLC Rule Change on Options Pricing Schedule

This notice from the Securities and Exchange Commission (SEC) announces the immediate effectiveness of a rule change by Nasdaq ISE, LLC regarding its options pricing schedule. - Government buyer: - Securities and Exchange Commission (SEC) - OEMs and vendors: - Nasdaq ISE, LLC (the only entity mentioned) - Products/services requested: - No products or services are being procured; this is a regulatory notice - Notable requirements and details: - Amends Options 7, Sections 4 and 5 of the ISE Pricing Schedule - Adjusts rebate tiers for Priority Customer Complex Orders (some increases and decreases for select symbols) - Revises surcharge schedule for Nasdaq-100 Index (NDX and NDXP) options for electronic simple Non-Priority Customer orders that remove liquidity - Introduces a tiered surcharge based on the premium price of the options, replacing the previous flat surcharge - No solicitation for bids, proposals, or procurement activity is involved - No quantities, part numbers, or contract values are listed - This is an informational regulatory update, not a procurement opportunity

Description

This notice pertains to the Securities and Exchange Commission's filing of a proposed rule change by Nasdaq ISE, LLC. The rule change involves amendments to Options 7, Sections 4 and 5, specifically adjusting Priority Customer Complex Order rebates and the surcharge applicable to Nasdaq-100 Index options. The filing is effective immediately upon submission and aims to modify rebate tiers and surcharge schedules to better reflect market conditions and incentivize order flow.

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