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.
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