Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the NYSE American Options Fee Schedule To Adopt Fees for Trading in Options Overlying the MSCI EAFE Index and the MSCI Emerging Markets Index
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
NYSE American is adopting new transaction fees for options on the MSCI EAFE Index (MXEA) and MSCI Emerging Markets Index (MXEF) effective March 16, 2026. The per-contract manual execution fees are set at $0.25 for most participants (Broker-Dealer, Customer, Firm, Non-NYSE American Market Maker, Professional Customer) on both penny and non-penny classes, while NYSE American Options Market Makers, Specialists, and e-Specialists are charged $0.45. An Index License Surcharge of $0.20 per contract applies to all Non-Customer transactions. MXEA and MXEF are excluded from Marketing Charges, the Non-Customer Complex Order surcharge, the Firm Monthly Fee Cap, and the Strategy Execution Fee Cap. The fees mirror Cboe Options' current pricing to ensure continuity as these products transfer from Cboe to NYSE American.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Effective March 16, 2026: new per-contract manual transaction fees for MXEA and MXEF options
- Most participants (Broker-Dealer, Customer, Firm, etc.) charged $0.25 per contract for both penny and non-penny
- NYSE American Market Makers, Specialists and e-Specialists charged $0.45 per contract
+ 3 more changes with Pro
Obligations
What this law requires
Apply an Index License Surcharge of $0.20 per contract for all Non-Customer transactions in MXEA and MXEF, effective March 16, 2026
Implement per-contract manual execution fees of $0.25 for Broker-Dealer, Customer, Firm, Non-NYSE American Market Maker, and Professional Customer participants on MXEA and MXEF options (both penny and non-penny classes), effective March 16, 2026
Implement per-contract manual execution fees of $0.45 for NYSE American Options Market Makers, Specialists, and e-Specialists on MXEA and MXEF options (both penny and non-penny classes), effective March 16, 2026
Exclude MXEA and MXEF transactions from Marketing Charges applicable to Market Makers who are counterparties to electronic trades with customers
Exclude MXEA and MXEF transactions from the per-contract surcharge applied to Non-Customer orders that are not Simple Orders executing against Customer orders that are not Simple Orders