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Friday, September 15, 2017

Options Regulatory Alert #2017 - 47
NOM and BX Option Bid/Ask Differentials for "PCLN" Options Class through October 21, 2017

Category:

  • Regulatory

Markets Impacted:

Contact Information:

Resources:

The below market maker quote width requirements for options overlying "PCLN" on The Nasdaq Options Market LLC (NOM) and Nasdaq BX, Inc. (BX Options) will be effective through October 21, 2017. The exchanges may, in their discretion, amend the bid/ask differentials by providing notice to members.

The bid/ask differentials for "PCLN" option classes electronic quotes are as follows:

  • If the bid is under $20, the bid/ask spread may be up to $5 wide.

  • If the bid is from $20 to $39.90, the bid/ask spread may be up to $6 wide.

  • If the bid is from $40 to $79.90, the bid/ask spread may be up to $12 wide.

  • If the bid is from $80 to $199.90, the bid/ask spread may be up to $18 wide.

  • If the bid is from $200 or greater, the bid/ask spread may be up to $22 wide.


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