What are the risk management features on BX options?

Comprehensive risk management features are built into Nasdaq’s trading technology and include the following protections on BX Options. Order Price Protection (OPP): Checks the limit price of an incoming order against the NBBO and BBO and rejects the order if the limit crosses a certain parameters.

What is BX options?

BX Options is a designed hybrid model purposefully crafted to incentivize a wide variety of flows for a healthy ecosystem. PRISM improves options market structure by encouraging additional liquidity in the options marketplace. All market participants may take advantage of BX Options's routing capabilities to meet customer demand.

What is NASDAQ BX options (BX options)?

Geared towards retail order flow, Nasdaq BX Options (BX Options) is accessible using existing Nasdaq connectivity options. BX Options features the world-renowned low latency technology found on other Nasdaq trading platforms.