Cboe U.S. Options Fee Schedules
Effective October 1, 2024
Please refer to the Cboe Options Fee Schedule for additional detail pertaining to Cboe Options fees. Please contact the Trade Desk or your Business Development contact for support or with any questions.
- Multi-Class Spread Rebate Form
- Floor Broker Multi-Class Spread Exclusion Form
- Silexx OEMS Fees
- CAT Fees Schedule
Fee Codes and Associated Fees:
Fee Code | Description | Fee/(Rebate) |
---|---|---|
BA | Broker-Dealer, Away Market-Maker, Manual | 0.25 |
BB | Non-Customer, Non-Market-Maker, Non-Firm, Electronic, Penny | 0.47 |
BC | Non-Customer, Non-Market-Maker, Non-Firm, Electronic, Non-Penny | 0.75 |
BD | Non-Customer, Non-Market-Maker, Non-Firm, AIM Agency | 0.20 |
BE | Non-Customer, Non-Market-Maker, Non-Firm, Sector Indexes | 0.40 |
BG | Non-Customer, Non-Market-Maker, Non-Firm, MXACW, MXUSA, MXWLD | 0.20 |
BK | Non-Customer, Non-Market-Maker, Non-Firm, Electronic, Non-AIM, RUT Family | 0.65 |
BM | Non-Customer, Non-MarketMaker, Non-Firm, MRUT | 0.04 |
BR | Non-Customer, Non-Market-Maker, Non-Firm, OEX, XEO and VIX | 0.40 |
BS | Non-Customer, Non-Market-Maker, Non-Firm, Manual, AIM, RUT Family | 0.25 |
BT | Non-Customer, Non-Market-Maker, Non-Firm, SPX, SPESG | 0.42 |
CA | Customer, Removes liquidity, >=100 contracts, ETF | 0.18 |
CB | Customer, Index | 0.18 |
CC | Customer, XSP, >=10 contracts | 0.07 |
CD | Customer, Removes liquidity, <100 contracts, ETF | Free |
CE | Customer, Adds liquidity, ETF | Free |
CG | Customer, MXACW, MXUSA, MXWLD | 0.05 |
CI | Customer, ProCustomer, Combo portion of an index combo order execution, VIX | Free |
CK | Customer, Equity, ETF | Free |
CM | Customer, MXEA | 0.25 |
CN | Customer, MXEF | 0.25 |
CO | Customer, OEX, XEO | 0.35 |
CP | Customer, Sector Indexes | 0.30 |
CQ | Customer, MRUT | 0.02 |
CR | Customer, RUT family | 0.18 |
CS | Customer, Premium <$1.00, SPX, SPESG | 0.36 |
CT | Customer, Premium >=$1.00, SPX, SPESG | 0.45 |
CV | Customer, Premium $0.00-$0.10, VIX, Simple | 0.10 |
CW | Customer, Premium $0.11-$0.99, VIX, Simple | 0.25 |
CX | Customer, Premium $1.00-$1.99, VIX, Simple | 0.40 |
CY | Customer, Premium >=$2.00, VIX, Simple | 0.45 |
CZ | Customer, Premium $0.00-$0.10, VIX, Complex | 0.05 |
DA | Customer, Premium $0.11-$0.99, VIX, Complex | 0.17 |
DB | Customer, Premium $1.00-$1.99, VIX, Complex | 0.30 |
DC | Customer, Premium >=$2.00, VIX, Complex | 0.45 |
EF | Equity Leg - FOG | Free |
EL | Equity Leg - Libucki | Free |
EP | Equity Leg - Penserra | Free |
EQ | Equity Leg - Cowen (capped at $50/execution) | 0.001 |
ES | Equity Leg - SRT | Free |
FA | Firm, Manual | 0.20 |
FB | Firm, Electronic, Penny | 0.43 |
FC | Firm, Electronic, Non-Penny | 0.70 |
FD | Firm, AIM Agency | 0.20 |
FF | Firm Facilitation | Free |
FG | Firm, MXACW, MXUSA, MXWLD | 0.15 |
FH | Firm, Underlying Symbol List A | 0.26 |
FI | Firm, Sector Indexes | Free |
FK | Firm, VIX | 0.25 |
FM | Firm, MRUT | 0.02 |
FS | Non-Customer, Manual, Merger, Short Stock Interest, Reversal, Conversion and Jelly Roll Strategies, Equity, ETF | Free |
GA | Customer, Market-Maker, Firm, RUT, Flex Micro | 0.009 |
GB | Non-Customer, Non-Market-Maker, Non-Firm, Manual, AIM, RUT, Flex Micro | 0.009 |
GC | Non-Customer, Non-Market-Maker, Non-Firm, Electronic, Non-AIM, RUT, Flex Micro | 0.012 |
GD | Non-Customer, Non-Market-Maker, Non-Firm, SPX, Flex Micro | 0.009 |
GE | Customer, Firm, SPX, Flex Micro | 0.008 |
GF | Market-Maker, SPX, Flex Micro | 0.006 |
GG | Customer, MXEA, MXEF, DJX, Flex Micro | 0.004 |
GH | Market-Maker, MXEA, MXEF, DJX, Flex Micro | 0.005 |
GI | Non-Customer, Non-Market-Maker, MXEA, MXEF, Electronic, Flex Micro | 0.01 |
GJ | Non-Customer, Non-Market-Maker, DJX, Electronic, Flex Micro | 0.007 |
GK | Non-Customer, Non-Market-Maker, MXEA, MXEF, DJX, Manual, AIM Agency, Flex Micro | 0.005 |
GL | Non-Customer, MXEA, MXEF, DJX, AIM Contra, Flex Micro | 0.003 |
GM | Non-Customer, DJX, AIM Response, Flex Micro | 0.007 |
GN | Non-Customer, MXEA, MXEF, AIM Response, Flex Micro | 0.013 |
MA | Market-Maker, Electronic | 0.23 |
MB | Market-Maker, Manual | 0.35 |
MC | Market Maker, Electronic, Contra Customer, XSP | 0.15 |
MD | Market-Maker, AIM Responder | 0.25 |
MG | Market-Maker, MXACW, MXUSA, MXWLD | 0.10 |
MI | Market-Maker, VIX, Contra Order Quantity >=5000 Contracts, >=3 Legs, Manual | 0.05 |
MM | Market-Maker, MRUT | 0.03 |
MP | Market Maker, Manual, XSP | 0.15 |
MR | Market-Maker, OEX, XEO | 0.20 |
MS | Market-Maker, SPX, SPESG | 0.28 |
MT | Market-Maker, RUT only | 0.30 |
MV | Market-Maker, Premium $0.00-$0.10, VIX | 0.05 |
MW | Marker-Maker, Premium >=$0.11, VIX | 0.23 |
MX | Market Maker, Electronic, Contra Non-Customer and Adding Liquidity, XSP | 0.09 |
MY | Market Maker, Electronic, Contra Non-Customer and Removing Liquidity, XSP | 0.30 |
NB | Non-Customer, Non-Market-Maker, AIM Response, Penny | 0.50 |
NC | Non-Customer, Non-Market-Maker, AIM Response, Non-Penny | 1.05 |
NM | Market-Maker, NANOS | 0.01 |
NN | Non-Customer, Non-Market-Maker, NANOS | 0.01 |
NO | Customer, NANOS | Free |
QC | Customer, Professional, QCC | Free |
QN | Non-Customer, Non-Professional, QCC | 0.18 |
RD | Customer, Routed to AMEX, BOX, EDGX, MIAX, SPHR, PHLX, ETF, Equity (excl SPY to PHLX) | 0.25 |
RF | Customer, Routed to ARCA, BX, BZX, C2, ISE, GMNI, MERC, EMLD, PERL, NOM, MEMX, ETF, Equity, Penny (incl SPY to PHLX) | 0.75 |
RI | Customer, Routed to ARCA, BX, BZX, C2, ISE, GMNI, MERC, EMLD, PERL, NOM, MEMX, ETF, Equity, Non-Penny | 1.25 |
RJ | Non-Customer, Routed, Penny | 1.17 |
RK | Non-Customer, Routed, Non-Penny | 1.45 |
RR | Non-Customer, Routed, RUT | 1.25 |
RS | Customer, Routed, Index | 0.48 |
RV | Reversal Trade | Free |
SC | Compression Trade | Free |
ST | Compression Service Trade | Free |
TD | Customer, Routed, >=100 contracts, ETF, Originating on Exchange-sponsored terminal | 0.18 |
TE | Customer, Routed, < 100 contracts ETF, Equity, Originating on Exchange-sponsored terminal | Free |
TS | Customer, Routed, Index, Originating on Exchange-sponsored terminal | 0.18 |
WA | Professional Customer, Manual | 0.12 |
WR | RLG, RLV, RUI, UKXM | Free |
XB | Non-Customer, Non-Market-Maker, Electronic, Contra Non-Customer and Removing Liquidity, XSP | 0.50 |
XC | Customer, XSP, <10 contracts | (0.30) |
XF | Non-Customer, Non-Market-Maker, Electronic, Contra Customer or Contra Non-Customer and Adding Liquidity, XSP | 0.30 |
XN | Non-Customer, Non-Market-Maker, Manual, XSP | 0.30 |
YB | AIM Contra, Index | 0.07 |
YC | Non-Market Maker, AIM Contra, Flex Auction Responder, Equity, ETF | 0.07 |