SAPPHIRE Options Fees

Public Customer Broker-Dealer/JBO Firm Away MM Professional
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Liquidity
Add
Liquidity
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Liquidity
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Liquidity
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Liquidity
Add
Liquidity
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Liquidity
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Liquidity
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Liquidity
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Liquidity
Penny Pilot Simple Orders USD (0.48)1 USD (0.28)1 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50
Non-Penny Pilot Simple Orders USD (0.92)1 USD (0.65)1 USD 0.94 USD 0.95 USD 0.94 USD 0.95 USD 0.94 USD 0.95 USD 0.94 USD 0.95
Penny Pilot Simple Orders – On Open USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00
Non-Penny Pilot Simple Orders – On Open USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00
IWM, QQQ and SPY Simple Orders – On Open USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00
IWM, QQQ and SPY Simple Orders USD (0.19) USD (0.30) USD 0.50 USD 0.20 USD 0.50 USD 0.20 USD 0.50 USD 0.20 USD 0.50 USD 0.20
Penny Pilot - Complex Order USD (0.54)1 USD (0.34)1 USD 0.502 USD 0.502 USD 0.502 USD 0.502 USD 0.502 USD 0.502 USD 0.502 USD 0.502
Non-Penny Pilot - Complex Order USD (0.98)1 USD (0.71)1 USD 0.942 USD 0.952 USD 0.942 USD 0.952 USD 0.942 USD 0.952 USD 0.942 USD 0.952
IWM, QQQ and SPY Complex Orders USD (0.25) USD (0.36) USD 0.50 USD 0.20 USD 0.50 USD 0.20 USD 0.50 USD 0.20 USD 0.50 USD 0.20

Notes:

  • Rebates are in parentheses.
  1. There is no rebate or a charge on a simple or a complex order when contra is a Priority Customer.
  2. Additional surcharge fees of $0.12 will be charged on complex orders when contra is a Priority customer.