Options Traders Hit with Sneaky Manual Fee Bump
Published Date: 2/6/2025
Notice
Summary
BOX Exchange is raising the fee for Floor Market Maker manual trades on its options market starting immediately. This change affects traders who manually execute orders on the trading floor and means they’ll pay a bit more per trade. The new fees kicked in right after the filing on January 16, 2025, so traders should be ready for the update now!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Higher Floor Market Maker Fees
If you manually execute trades as a Floor Market Maker on the BOX Options Market LLC facility, the Exchange increased the fee for those manual transactions. The new fee took effect immediately upon the filing on January 16, 2025, so manual traders will pay more per trade going forward.
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