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Options Trader Alert #2023 – 38 The Nasdaq Options Market Updated Pricing Effective October 2, 2023

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Efficient Monday, October 2, 2023, The Nasdaq Choices Market (NOM) will amend the Pricing Schedule as described under.

Nasdaq Choices Market (NOM)

The Nasdaq Choices Market will amend Tiers 5 and 6 of NOM’s Market Maker Rebates to Add Liquidity in Penny Symbols underneath Choices 7, Part 2. The NOM Market Maker Tier 5 Rebate to Add Liquidity in Penny Symbols will embrace a further qualifier to attain this rebate. Moreover, NOM will amend half “b” of the NOM Market Maker Tier 6 Rebate to Add Liquidity in Penny Symbols by reducing the (b)(1) qualifier from 1.50% to 1.40%.

The modifications listed above are mirrored within the up to date Choices 7, Part 2 of the NOM Pricing Schedule:

Part 2 Nasdaq Choices Market – Charges and Rebates

Tier 5                                                                                                                                                           

Participant: (a) provides NOM Market Maker liquidity in Penny Symbols and/or Non-Penny Symbols above 1.00% of whole business buyer fairness and ETF possibility ADV contracts per day in a month; or (b) provides NOM Market Maker liquidity in Penny Symbols and/or Non-Penny Symbols of above 0.40% of whole business buyer fairness and ETF possibility ADV contracts per day in a month and transacts in all securities by a number of of its Nasdaq Market Heart MPIDs that characterize 0.40% or extra of Consolidated Quantity (“CV”) which provides liquidity in the identical month on The Nasdaq Inventory Market

Tier 6

Participant: (a)(1) provides NOM Market Maker liquidity in Penny Symbols and/or Non-Penny Symbols above 0.95% of whole business buyer fairness and ETF possibility ADV contracts per day in a month, (2) executes Complete Quantity of 250,000 or extra contracts per day in a month, of which 30,000 or extra contracts per day in a month have to be eradicating liquidity, and (3) provides Agency, Dealer-Seller and Non-NOM Market Maker liquidity in Non-Penny Symbols of 10,000 or extra contracts per day in a month; or (b)(1) provides NOM Market Maker liquidity in Penny Symbols and/or Non-Penny Symbols above 1.[5]40% of whole business buyer fairness and ETF possibility ADV contracts per day in a month, and (2) executes Complete Quantity of 250,000 or extra contracts per day in a month, of which 15,000 or extra contracts per day in a month have to be eradicating liquidity

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Nasdaq (Nasdaq: NDAQ) is a number one international supplier of buying and selling, clearing, alternate know-how, itemizing, info and public firm companies. By its various portfolio of options, Nasdaq permits prospects to plan, optimize and execute their enterprise imaginative and prescient with confidence, utilizing confirmed applied sciences that present transparency and perception for navigating at present’s international capital markets. Because the creator of the world’s first digital inventory market, its know-how powers greater than 90 marketplaces in 50 nations, and 1 in 10 of the world’s securities transactions. Nasdaq is dwelling to roughly 3,900 whole listings with a market worth of roughly $13 trillion. To study extra, go to: enterprise.nasdaq.com.

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