Nasdaq Options Options Exchange Specifications and Resources Hub The resources you need all in one place. Options Exchange Specifications JUMP TO EXCHANGE: BX | NOM | PHLX | ISE | GEMX | MRX Regulatory & Additional Resources BX Resources BX Specifications Top of Market SpecsDepth of Market FeedsDepth of Market Glimpse FeedsSoupBinTCP 4.1SoupBinTCP 3.0SQF 9.0CTI 3.0FIX 2.0fFIX Drop 2.3e BX Additional Resources Factsheet Order Risk Management MM Risk Management BX Options FAQs PRISM FAQs Pricing Rule Manual Listed Options System Settings NTF Guide NOM Resources NOM Specifications BONO 3.3 ITTO 4.0.1 SoupBinTCP 4.1 SoupBinTCP 3.0 SoupBinTCP 2.0 SQF 6.5 SQF 6.4 CTI 1.3 FIX 1.3h FIX Drop 2.4 QUO 1.4e QUO Drop 1.1e NOM Additional Resources Opening Cross Order Risk Management MM Risk Management NOM FAQs Pricing Rule Manual Listed Options System Settings NOM Options Corrections Tool PHLX Resources PHLX Specifications Top of Market Specs Depth of Market Feeds SoupBinTCP 4.1 SoupBinTCP 4.0 SoupBinTCP 3.0 SQF 6.5 SQF 6.4 CTI 1.3 FIX 2.7.m FBMS FIX 1.3 PHLX Orders Feeds PHLX Additional Resources Opening Process Clearing Overview Order Risk Management MM Risk Management PHLX FAQs PIXL FAQs Pricing Rule Manual Floor Participant Manual Listed Options System Settings Restricted OCC Members PHLX Complex Orders TOPO plus Orders Complex Order with Stock Auth Form Broker Agreement DTCC Portal MPID Request Form ISE Resources ISE Specifications Top of Market 2.1Top of Market Glimpse 2.1Depth of Market 2.1Depth of Market Glimpse 2.1Order 2.1Spread 2.1Spread Glimpse - Top of Market 2.1Spread Glimpse - Depth of Market 2.1Trade 2.1CTI 3.0FIX 13.2FIX Drop 2.1OTTO 3.0.0SQF 9.0SoupBinTCP 3.0SoupBinTCP 4.1 ISE Additional Resources NTF Guide Order Risk Management MM Risk Management ISE FAQs Pricing Rule Manual System Settings Specialist Allocation Points ISE Electronic FLEX FAQs ISE Complex Orders Fee Schedule GEMX Resources GEMX Specifications Top of Market 2.1Top of Market Glimpse 2.1Depth of Market 2.1Depth of Market Glimpse 2.1Order 2.1Spread 2.1Spread Glimpse - Top of Market 2.1Spread Glimpse - Depth of Market 2.1Trade 2.1CTI 3.0FIX 13.2FIX Drop 2.1OTTO 3.0.0SQF 9.0SoupBinTCP 3.0SoupBinTCP 4.1 GEMX Additional Resources NTF Fusion Guide Order Risk Management MM Risk Management Pricing Rule Manual System Settings Specialist Allocation Points MRX Resources MRX Specifications Top of Market 2.1Top of Market Glimpse 2.1Depth of Market 2.1Depth of Market Glimpse 2.1Order 2.1Spread 2.1Spread Glimpse - Top of Market 2.1Spread Glimpse - Depth of Market 2.1Trade 2.1CTI 3.0FIX 13.2FIX Drop 2.1OTTO 3.0.0SQF 9.0SoupBinTCP 3.0SoupBinTCP 4.1 MRX Additional Resources NTF Guide Order Risk Management MM Risk Management Pricing Rule Manual System Settings Specialist Allocation Points MRX Complex Orders Fee Schedule Regulatory & Additional Resources Regulatory Rule Manual Membership Information Obvious Error Form Market Exemption Form Options TradeInfo Online Vendor Routing NDAQ Options Membership Membership Department Additional Resources Clearing Members Restrictions Form Holiday and Trading Hours Minimum Quote Size Requirements List of Closing Transactions Report HQ Penny Program Lists System Hours Quote Spread Parameter Relief Quote Spread Parameter Relief 4x Strike Curtailment Report REG SCI BCP/DR Industry Questionnaire SIFMA Regulation SCI BCP/DR Test Plan Customer Tools TradeInfo Nasdaq Billing NDAQ Options Market Data & Connectivity Market Data Product Market Data Price List Market Data Specifications Market Data Agreements Market Data Contact List SQF Connectivity FIX Connectivity CTI Connectivity Market Data IP Addresses Prior Specifications SQF 8.2 OTTO 2.1.6 CTI 2.2 FIX 13.1 FIX Drop 2.0 Depth of Market 2.1 Depth of Market Glimpse 2.02 Top of Market 2.1 Top of Market Glimpse 2.02 Order 2.1 Spread 2.1 Spread Depth of Market Glimpse 2.02 Spread Top of Market Glimpse 2.02 Trade 2.1 Options Exchanges NASDAQ BX OPTIONS Nasdaq BX Options (BX) Geared toward retail order flow, Nasdaq BX Options is accessible using existing Nasdaq connectivity options. Learn More NASDAQ OPTIONS MARKET Nasdaq Options Market (NOM) NOM is an all-electronic, price/time priority trading system running on Nasdaq's high-speed INET technology. Learn More NASDAQ PHLX Nasdaq PHLX (PHLX) Nasdaq PHLX (PHLX) is a full-service options trading platform delivering cutting-edge electronic and floor-based trading. Learn More NASDAQ ISE Nasdaq ISE (ISE) Nasdaq ISE (ISE) delivers fast and efficient execution of Complex, Implied and Crossing Orders. Learn More NASDAQ GEMX Nasdaq GEMX (GEMX) Nasdaq GEMX (GEMX) is designed to attract liquidity and offer price improvement opportunities. Learn More NASDAQ MRX Nasdaq MRX (MRX) Nasdaq MRX (MRX) offers both a simple customer priority, pro-rata allocation market and a price-time complex market. Learn More