Federal Register #SR-BOX-2026-20

BOX Exchange proposes higher QOO and FOO fees and Floor Broker rebates for non-penny options classes

This SEC notice covers proposed BOX Options Market fee and rebate changes, not a government purchase of products or services. - Government agency: U.S. Securities and Exchange Commission (SEC). - Organizations named: BOX Exchange LLC filed the proposal for trading on its BOX Options Market LLC facility. - Proposed fee changes for non-penny interval options classes: - Market Maker fees for Qualified Open Outcry (QOO) and FLEX Open Outcry (FOO) orders would increase from $0.50 to $1.00 per contract. - The enhanced Floor Broker rebate for eligible QOO and FOO orders would increase from $0.20 to $0.25 per contract. - Rebate exclusions include specified Public Customer executions, strategy transactions subject to fee caps and rebates, and Broker Dealer executions that facilitate a Public Customer. - No products, services, quantities, or part numbers are requested.

Description

BOX Exchange LLC filed a proposed rule change to amend Section V, Manual Transaction Fees, of the fee schedule for trading on the BOX Options Market LLC facility. The proposal would increase Market Maker QOO and FOO order fees in non-penny interval classes from $0.50 to $1.00 per contract. It would also increase the Floor Broker enhanced rebate for eligible QOO and FOO orders in non-penny interval classes from $0.20 to $0.25 per contract. The fee schedule changes became effective upon filing and were stated to become operative on October 1, 2026.

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