# Federal Register #SR-GEMX-2026-39

Nasdaq GEMX proposes higher fees for Non-Priority Customer NDX options orders

**Buyer:** Securities and Exchange Commission
**Posted:** November 13, 2026
**Respond By:** December 04, 2026
**Identifier:** SR-GEMX-2026-39
**NAICS:** 523210

This Securities and Exchange Commission notice concerns Nasdaq GEMX, LLC’s proposed change to fees for NDX options orders.
- **Government agency:** Securities and Exchange Commission (SEC), which published the notice; it is not purchasing goods or services.
- **Named organization:** Nasdaq GEMX, LLC, the exchange proposing the fee change.
- **Proposed fee change:** Increase the regular NDX options order fee for Non-Priority Customers—including market makers, firms, broker-dealers, and professional customers—from $0.75 to $1.25 per contract.
- **Unchanged fees:** The Priority Customer fee remains $0.50 per contract; existing surcharges and fees for other index options remain unchanged.
- **Procurement status:** This is a financial-market rule and fee notice, not a procurement opportunity. No products or services, quantities, or part numbers are requested.

### Description

Nasdaq GEMX, LLC proposes to increase fees for regular NDX options orders from $0.75 to $1.25 per contract for Non-Priority Customers. The change applies to Non-Priority Customers, including market makers, firms, broker-dealers, and professional customers. The Priority Customer fee remains $0.50 per contract, and existing surcharges and fees for other index options remain unchanged. The rule change became effective upon filing and was designated to become operative on November 1, 2026.

[View original listing](https://www.federalregister.gov/documents/2026/11/13/2026-23107/self-regulatory-organizations-nasdaq-gemx-llc-notice-of-filing-and-immediate-effectiveness-of)