BOX Options Fees

Public Customer Broker-Dealer Firm/JBO Away MM Professional
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Price Improvement Orders ("PIP") 3, 6
Penny Pilot Priced USD 0.00 USD 0.38 USD 0.02 USD 0.72 USD 0.02 USD 0.72 USD 0.02 USD 0.72 USD 0.02 USD 0.72
Mini Penny Pilot USD 0.00 USD 0.00 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037
Non-Penny Pilot USD 0.00 USD 0.77 USD 0.00 USD 1.12 USD 0.00 USD 1.12 USD 0.00 USD 1.12 USD 0.00 USD 1.12
Mini Non-Penny Pilot USD 0.00 USD 0.00 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037
Mini SPY USD 0.00 USD 0.00 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037 USD 0.037
Non-PIP Penny Pilot Issues 5
Contra Customer4 USD 0.05 USD 0.05 USD 0.45 USD 0.60 USD 0.45 USD 0.60 USD 0.45 USD 0.60 USD 0.45 USD 0.60
Contra BOX MM4 USD 0.05 USD 0.05 USD 0.45 USD 0.05 USD 0.45 USD 0.05 USD 0.45 USD 0.05 USD 0.45 USD 0.05
Other4 USD 0.05 USD 0.05 USD 0.45 USD 0.05 USD 0.45 USD 0.05 USD 0.45 USD 0.05 USD 0.45 USD 0.05
Non-PIP All Other 5
Contra Customers4 USD 0.05 USD 0.05 USD 0.85 USD 0.95 USD 0.85 USD 0.95 USD 0.85 USD 0.95 USD 0.85 USD 0.95
Contra BOX MM4 USD 0.05 USD 0.05 USD 0.60 USD 0.05 USD 0.60 USD 0.05 USD 0.60 USD 0.05 USD 0.60 USD 0.05
Other4 USD 0.05 USD 0.05 USD 0.60 USD 0.05 USD 0.60 USD 0.05 USD 0.60 USD 0.05 USD 0.60 USD 0.05
Complex Orders
Penny Pilot Symbols - Contra Customer USD 0.00 USD 0.00 USD 0.45 USD 0.45 USD 0.45 USD 0.45 USD 0.45 USD 0.45 USD 0.45 USD 0.45
Penny Pilot Symbols - Contra Non-Customer USD -0.35 USD -0.70 USD 0.30 USD -0.10 USD 0.30 USD -0.10 USD 0.30 USD -0.10 USD 0.30 USD -0.10
Non-Penny Pilot Symbols - Contra Customer USD 0.00 USD 0.00 USD 0.80 USD 0.80 USD 0.80 USD 0.80 USD 0.80 USD 0.80 USD 0.80 USD 0.80
Non-Penny Pilot Symbols - Contra Non-Customer USD -0.35 USD -0.70 USD 0.45 USD -0.10 USD 0.45 USD -0.10 USD 0.45 USD -0.10 USD 0.45 USD -0.10
At the Opening Orders
All USD 0.07 USD 0.07 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42
Mini USD 0.007 USD 0.007 USD 0.042 USD 0.042 USD 0.042 USD 0.042 USD 0.042 USD 0.042 USD 0.042 USD 0.042
Index/ETF Surcharge 2:
Surcharge - NDX & MNX USD 0.00 USD 0.00 USD 0.22 USD 0.22 USD 0.22 USD 0.22 USD 0.22 USD 0.22 USD 0.22 USD 0.22

Notes:

  1. Negative numbers are rebates.
  2. These charges are in addition to the above fees.
  3. Remove Liquidity corresponds to the "Must Be Filled" (MBF) side.
    Add Liquidity corresponds to "Contra" side.
  4. For an updated list of the BOX Options Fee Schedule visit: Boxexchange.com.
  5. Mini Options are charged 1/10 the rate of a standard contract.
  6. Add additional fee will be charged on executions which are Improvement Orders in the Price Improvement Auction. The fee will be 0.15 if the order is from a Public Customer for both Penny and Non-Penny symbols. The fee is 0.12 for Non-Public Customer orders in Penny symbols and 0.38 for Non-Public Customer orders in Non- Penny symbols.