Nasdaq Eases Path to Penny Stock Rewards
Published Date: 2/19/2025
Notice
Summary
Nasdaq is tweaking its pricing to make it easier for market makers to earn rewards when they remove liquidity in penny stocks. This change lowers the targets for incentives, meaning more traders can qualify for better fees starting right away. If you’re a market maker on Nasdaq, expect friendlier fees that could save you money and boost your trading game.
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Easier Incentives for NOM Market Makers
If you are a NOM Market Maker, Nasdaq lowered the percentage targets you must meet to earn the note 2 removing-liquidity incentives in penny symbols. The rule change took effect when Nasdaq filed it on February 10, 2025, so qualifying NOM Market Makers can immediately find it easier to earn fee incentives when removing liquidity in penny symbols.
Easier Incentives for Non-NOM Market Makers
If you are a Non-NOM Market Maker, Nasdaq lowered the percentage targets you must meet to earn the note 2 removing-liquidity incentives in penny symbols. The rule change was filed on February 10, 2025 and is immediately effective, so qualifying Non-NOM Market Makers can immediately find it easier to earn these incentives when removing liquidity in penny symbols.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in