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 0.483 USD 0.483 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 0.483 USD 0.483 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
MNX and 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
Alpha & MSCI Index Options
Alpha & MSCI USD 0.10 USD 0.10 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.15 USD 0.15 USD 0.25 USD 0.25
FX Options
FX Options 4 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
MNX, 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
Index Surcharge
MSCI Options USD 0.00 USD 0.00 USD 0.05 USD 0.05 USD 0.05 USD 0.05 USD 0.05 USD 0.05 USD 0.05 USD 0.05 USD 0.05 USD 0.05

Notes:

  1. A list of underlying products can be found on the PHLX's website at http://www.nasdaqtrader.com.
  2. Negative numbers are rebates.
  3. The fee will be reduced to 0.45 for Firm accounts trading the following symbols: AAPL, BAC, EEM, FB, FXI, IWM, QQQ, TWTR, VXX, XLF
  4. All Complex Orders are charged the remove liquidity fee.