Federal Register #SR-NASDAQ-2026-087

Proposed $0.01-per-contract reduction to NOM Market Maker rebates for adding liquidity in Penny Symbols

This Securities and Exchange Commission notice concerns a proposed Nasdaq Options Market fee and rebate change, not a government procurement opportunity. - Government agency: U.S. Securities and Exchange Commission (SEC). - Filing entity and market: The Nasdaq Stock Market LLC filed the proposal for The Nasdaq Options Market LLC (NOM). - Proposed change: Reduce NOM Market Maker rebates for adding liquidity in Penny Symbols by $0.01 per contract across all six tiers. - Requirements unchanged: Tier qualification criteria and rebates for Customers, Professionals, Broker-Dealers, Firms, and Non-NOM Market Makers would remain unchanged. - Procurement status: No products or services are requested, and no procurement value or performance period is provided.

Description

The Nasdaq Stock Market LLC proposes to amend The Nasdaq Options Market LLC (NOM) Rules at Options 7, Section 2, concerning fees and rebates. The filing would reduce by $0.01 per contract, across each of six tiers, the rebate paid to NOM Market Makers for adding liquidity in Penny Symbols. The tier qualification criteria would remain unchanged, and rebates to other participant categories would not be changed. The Securities and Exchange Commission published the notice to solicit comments on the proposed rule change.

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