Settlement schedule for option premium and trading fees.
NASDAQ OMX continuously seeks to make markets more efficient and customer
friendly in order to attract liquidity in our products. Post trade issues are
often tightly connected to the clearinghouse and the clearing model.
In light of this, NASDAQ OMX, in co-operation with market participants, has
decided to
change the settlement schedule for option premiums and options trading fees
from trade date plus three days to trade date plus one day.
Please see attached document for further information.
