Exchange Quietly Adjusts Manual Options Fees Once More
Published Date: 7/6/2026
Notice
Summary
Starting now, NYSE American is changing how it charges fees and gives rebates for manual options trades. Market Makers will see updated fees on non-Penny stocks, and Floor Brokers will get new rebates when they trade with Market Makers on the floor. These changes kick in immediately and could affect how much traders pay or earn during manual transactions.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Market Maker Manual Fee Increase
Starting June 22, 2026, the fee for Market Makers' Manual transactions in non-Penny issues is increased from $0.50 to $1.00 per contract. This change applies to Manual transactions executed by e-Specialists, Market Makers, and Specialists on the NYSE American Trading Floor.
Floor Broker $0.20 Manual Rebate
Effective June 22, 2026, Floor Brokers will receive a $0.20 per contract rebate when their Floor Broker orders trade with a Market Maker order on the Trading Floor. For Floor Brokers in the FB Prepay Program, this $0.20 rebate applies instead of any rebate under the Manual Billable Rebate Program (Section III.E.).
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