Federal Register #SR-PEARL-2026-36

Proposed Amendments to MIAX Pearl Options Exchange Fee Schedule

This notice from the Securities and Exchange Commission (SEC) concerns a proposed rule change to the MIAX Pearl Options Exchange fee schedule. - Government buyer: - Securities and Exchange Commission (SEC) - OEM/vendor mentioned: - MIAX PEARL, LLC - Products/services requested: - No products or services are being procured; this is a regulatory notice regarding fee schedule amendments - Notable requirements: - Proposed changes affect fees and rebates for transactions in non-penny classes - Maker rebates will be reduced in certain tiers - Taker fees will be increased in all tiers for Market Maker orders - Fee and rebate adjustments are tiered based on monthly trading volume thresholds and origin types - Changes impact Market Makers and other exchange participants - No procurement activity or contract award is involved; this is a regulatory update

Description

The Securities and Exchange Commission has filed a proposed rule change by MIAX PEARL, LLC, to amend its fee schedule concerning fees and rebates for transactions in non-penny classes. The proposal includes reducing maker rebates in certain tiers and increasing taker fees in all tiers for Market Maker orders in non-penny classes. The rule change is effective immediately upon filing. Detailed information is available through the Federal Register and related URLs.

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