Pearl Options Fees

Priority Customer Broker-Dealer Firm Away MM Professional
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Penny Pilot Issues
Penny Pilot Options USD 0.48 USD (0.25) USD 0.50 USD (0.25) USD 0.50 USD (0.25) USD 0.50 USD (0.25) USD 0.50 USD (0.25)
Penny Pilot Options - Contra Priority Customer N/A N/A USD 0.50 USD (0.22) USD 0.50 USD (0.22) USD 0.50 USD (0.22) USD 0.50 USD (0.22)
SPY Only USD 0.46 USD (0.25) USD 0.50 USD (0.25) USD 0.50 USD (0.25) USD 0.50 USD (0.25) USD 0.50 USD (0.25)
All Other USD 0.85 USD (1.19) USD 1.21 USD (0.80) USD 1.21 USD (0.80) USD 1.21 USD (0.80) USD 1.21 USD (0.80)

Notes:

  • Rebates are in parentheses.
  • The On-Exchange ORF rate on MIAX PEARL is USD 0.0013 per contract.