2025-14860NoticeWallet

Nasdaq MRX Slashes Options Regulatory Fees for 2026

Published Date: 8/6/2025

Notice

Summary

Starting January 2, 2026, Nasdaq MRX is lowering the Options Regulatory Fee (ORF) that traders pay when they trade options. This change means options traders using Nasdaq MRX will pay less in fees, saving money on their trades. The new lower fee kicks in right at the start of 2026, making it a great way to start the year!

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

Lower Options Regulatory Fee on MRX

Starting January 2, 2026, Nasdaq MRX will lower its Options Regulatory Fee (ORF) from $0.0139 to $0.0116 per contract side, a reduction of $0.0023 per contract side. This lower fee is effective January 2, 2026 and will remain in place until the proposal sunsets on February 1, 2026.

Who Pays ORF on MRX Trades

For the January 2, 2026 ORF change, MRX will assess and collect ORF only for options transactions that occur on MRX and are cleared in the OCC Customer range. The fee will be collected from Priority Customers, Professional Customers, and Broker-Dealers that are not affiliated with a clearing member.

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Key Dates

Published Date
Effective Date
8/6/2025
1/2/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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