Nasdaq Texas Quietly Raises Options Regulatory Fee
Published Date: 6/18/2026
Notice
Summary
Starting July 1, 2026, Nasdaq Texas is raising the fee traders pay when they trade options, called the Options Regulatory Fee (ORF). This change affects anyone trading options on Nasdaq Texas and updates how the fee is described to match other Nasdaq exchanges. The new fee kicks in right after the filing, so traders should get ready for a slightly higher cost soon!
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Small Options Fee Increase
On July 1, 2026, Nasdaq Texas will raise the Options Regulatory Fee (ORF) from $0.0198 to $0.0200 per contract side for options executed on NTX. The fee is collected by The Options Clearing Corporation (OCC) based on the clearing instruction provided at execution, and the Exchange will notify participants at least 30 calendar days before the change.
ORF Revenue Cap at 82% of Costs
Beginning July 1, 2026, Nasdaq Texas will endeavor to ensure that ORF Regulatory Revenue does not exceed 82% of its Options Regulatory Costs. The Exchange says ORF revenue, together with other regulatory fees and fines, will be monitored so that it does not exceed Options Regulatory Costs.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163, The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373, Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222, Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651, Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-15616, Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Nasdaq General 4, Rule 1210
Nasdaq is speeding up how soon people can retake certain FINRA exams by shortening the waiting times. This change helps traders and professionals get back on track faster without extra costs or delays. The new rule is effective immediately, making it easier for those involved in the stock market to stay qualified and active.
2026-15618, Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing, and Order Granting Accelerated Approval of, a Proposed Rule Change To Amend Rule 14.11(e)(4) (Commodity-Based Trust Shares)
Cboe BZX Exchange is updating its rules for Commodity-Based Trust Shares to allow up to 15% of holdings to be assets that don’t meet current standards, add a clear definition for digital commodities, and permit actively-managed strategies. This change affects investors and fund managers by giving them more flexibility and could impact how these shares are managed and traded. The SEC approved this update quickly, so it’s set to take effect soon with no direct cost changes announced.
Previous / Next Documents
Previous: 2026-12258, Self-Regulatory Organizations; Nasdaq PHLX 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 PHLX 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 PHLX for options trading and aims to make fees fairer without changing how the fee is collected. The new lower fee kicks in right at the start of July, so get ready for some savings!
Next: 2026-12260, Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Amend its Rules Related to Market Makers
The Long-Term Stock Exchange (LTSE) wants to update its rules for Market Makers—those who help keep trading smooth and steady. They’re adding clear definitions, setting up a new registration system, and creating fresh responsibilities for Market Makers and their traders. These changes aim to make trading fairer and more organized, with no big cost changes expected, and they’re open for public comments now.