2025-19052NoticeWallet

Nasdaq ISE Updates NDX Options Fee Structure

Published Date: 9/30/2025

Notice

Summary

Starting October 1, 2025, Nasdaq ISE is updating the fees for trading Nasdaq 100 Index options (NDX) and their special expiration versions (NDXP). Traders and investors using these options will see new pricing rules that could affect their costs. These changes are effective immediately but officially kick in next month, so everyone should get ready for the new fee setup!

Analyzed Economic Effects

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

Priority Customer Fee Increase

If you trade Nasdaq 100 Index options (NDX) or their PM-settled versions (NDXP) as a Priority Customer, the per-contract simple-order fee rises from $0.25 to $0.50. This change is operative October 1, 2025; Non-Priority Customer simple-order fees remain $0.75 and complex-order fees are unchanged.

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Key Dates

Published Date
Effective Date
9/30/2025
10/1/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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