Federal Register #SR-MX2-2026-08

SEC Notice: MX2 LLC Options Exchange Fee Schedule Change

This notice from the Securities and Exchange Commission (SEC) announces a proposed rule change by MX2 LLC regarding its Options Exchange fee schedule. - Government Buyer: - Securities and Exchange Commission (SEC) - Division of Trading and Markets - OEM/Vendor: - MX2 LLC (self-regulatory organization and operator of MX2 Options Exchange) - Products/Services Requested: - No physical products or external services are being procured - The rule change establishes new transaction fees and rebates for MX2 Options trading - Differentiates fees by customer type (Customer vs. Non-Customer), option type (Penny vs. Non-Penny), and liquidity role (maker/taker) - Routing fees for orders sent to other options exchanges: $1.20 per contract for Penny options, $1.63 per contract for Non-Penny options - Unique/Notable Requirements: - Fee schedule aims to be competitive and equitable, encouraging liquidity and order flow - Includes a Notes and Definitions section for clarity - Immediate effectiveness of the rule change - No procurement of goods or external services; this is a regulatory fee adjustment notice - MX2 LLC is the only OEM/vendor referenced

Description

This notice announces a proposed rule change filed by MX2 LLC, a self-regulatory organization, to amend its fee schedule. The amendments include the adoption of transaction fees and rebates, routing fees, and definitions applicable to members trading on MX2 Options. The Securities and Exchange Commission has declared the rule change immediately effective. The fee structure distinguishes between customer and non-customer transactions, penny and non-penny options, and whether liquidity is added or removed.

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