PHLX Options Fees

Public Customer Broker-Dealer Firm Joint Back Office Away MM Professional
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Multi-Listed Equity, ETF and Index Options
Penny Pilot USD 0.00 USD 0.00 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48
Penny Pilot AND at the Opening USD 0.00 USD 0.00 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48
SPY USD 0.42 USD 0.00 USD 0.48 USD 0.00 USD 0.48 USD 0.00 USD 0.48 USD 0.00 USD 0.48 USD 0.00 USD 0.48 USD 0.00
SPY AND at the Opening USD 0.00 USD 0.00 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10
NDX USD 0.00 USD 0.00 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
Mini-Options USD 0.00 USD 0.00 USD 0.09 USD 0.03 USD 0.09 USD 0.03 USD 0.09 USD 0.03 USD 0.09 USD 0.03 USD 0.09 USD 0.03
All Other USD 0.00 USD 0.00 USD 0.60 USD 0.60 USD 0.60 USD 0.60 USD 0.60 USD 0.60 USD 0.60 USD 0.60 USD 0.60 USD 0.60
All Other AND at the Opening USD 0.00 USD 0.00 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
PHLX Singly Listed Equity, ETF and Index Options
All 1
USD 0.40 USD 0.40 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
FX Options
FX Options 2 USD 0.40 USD 0.00 USD 0.40 USD 0.00 USD 0.40 USD 0.00 USD 0.40 USD 0.00 USD 0.40 USD 0.00 USD 0.40 USD 0.00
Index/ETF Surcharge
NDX USD 0.00 USD 0.00 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25
BKX USD 0.00 USD 0.00 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10

Notes:

  1. A list of underlying products can be found on the PHLX's website at http://www.nasdaqtrader.com.
  2. All Complex Orders are charged the remove liquidity fee.