PHLX Options Fees

Public Customer Broker-Dealer Firm Joint Back Office Away MM Professional
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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
SPY USD 0.41 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
NDX3 USD 0.25 USD 0.25 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
VOLQ USD 0.00 USD 0.00 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD (0.40) USD 0.40 USD 0.40
Non Penny Pilot 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 Options2
FX Options 2 USD 0.00 USD 0.00 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50
Index/ETF Surcharge
NDX3 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 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
VOLQ 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 a Surcharge of 0.25 * Quantity.
  3. A surcharge of 0.25 per contract will be assessed to Non- Customers Simple executions. A surcharge of 0.25 per contract will be assessed to Customer Simple executions with premium price of $25.00 or greater. A surcharge of 0.25 per contract will be assessed to all Customer Complex executions. A surcharge of 0.50 per contract will be assessed to all Non-Customer complex executions.