Nasdaq ISE Reduces Options Trading Regulatory Fee
Published Date: 6/18/2026
Notice
Summary
Starting July 1, 2026, Nasdaq ISE is lowering its Options Regulatory Fee (ORF), which means traders will pay less when they trade options on this exchange. This change affects anyone using Nasdaq ISE for options trading and aims to keep fees fair and clear. The new fee rules kick in right at the start of July, so get ready for some savings!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
ORF revenue capped at 82% of costs
Beginning July 1, 2026, Nasdaq ISE will endeavor to ensure ORF Regulatory Revenue does not exceed 82% of its Options Regulatory Costs. This limit is intended to prevent the ORF from generating revenue that would exceed a material portion of the Exchange's options regulatory expenses.
Options fee cut per contract
If you trade options on Nasdaq ISE, the Options Regulatory Fee (ORF) will drop from $0.0092 to $0.0080 per contract side starting July 1, 2026. That is a reduction of $0.0012 for each contract side cleared on ISE and will reduce the per-contract fee you pay when using this exchange.
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Previous: 2026-12255 — Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Exchange's Options Regulatory Fee (ORF)
Starting July 1, 2026, Nasdaq MRX is lowering its Options Regulatory Fee (ORF), which means traders will pay less when they trade options on this exchange. This change affects anyone using Nasdaq MRX for options trading and aims to make fees friendlier without changing how fees are collected. The new fee kicks in right at the start of July, so get ready for some savings!
Next: 2026-12257 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Exchange's Options Regulatory Fee (ORF)
Starting July 1, 2026, Nasdaq is raising its Options Regulatory Fee (ORF), which affects traders who use Nasdaq’s options market. This means those trading options will pay a bit more in fees. The change is official now but kicks in next summer, so get ready for the new rates!