Federal Register #SR-MX2-2026-11

MX2 LLC proposal to revise SPY, QQQ, and IWM options fees and rebates

The Securities and Exchange Commission (SEC) notice covers an MX2 LLC proposal to revise options transaction fees for SPY, QQQ, and IWM. - Government agency: Securities and Exchange Commission. - Company named: MX2 LLC. - Proposed fees and rebates per contract: - Customer: Maker rebate remains $0.28; Taker rebate decreases from $0.48 to $0.21. - Market Maker: Maker fee decreases from $0.50 to $0.20; Taker fee remains $0.50. - Professional, Firm, Away Market Maker, and Broker-Dealer: $0.50 for adding or removing liquidity. - The notice solicits public comments. No products, quantities, or performance period are specified.

Description

MX2 LLC filed a proposed rule change to amend the MX2 Options Fee Schedule for options overlying SPY, QQQ, and IWM. The changes establish a separate fee category for those options, reduce the Customer Taker rebate from $0.48 to $0.21 per contract, and reduce the Market Maker Maker fee from $0.50 to $0.20 per contract. The filing states that the proposed changes became effective upon filing, and the SEC is soliciting comments through December 4, 2026.

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