Nasdaq GEMX Updates Minimum Price Increments for Options
Published Date: 3/25/2026
Notice
Summary
Nasdaq GEMX is updating the rules for how small option price changes can be, specifically for the Nasdaq-100 Micro Index options (XND). This change makes trading clearer and more consistent, starting immediately with no extra costs for traders. If you trade these options, expect smoother price steps that help keep the market fair and easy to follow.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
XND Options Minimum Tick Size
If you trade Nasdaq-100 Micro Index (XND) options, the Exchange set the minimum price step (tick) at $0.01. This rule applies while QQQ options participate in the Penny Interval Program and was filed on March 12, 2026 and became effective upon filing.
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Key Dates
Department and Agencies
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