Cboe Options Exchange Fee Schedule

Effective July 2, 2020

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.

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
BK Non-Customer, Non-Market-Maker, Non-Firm, Electronic, Non-AIM, RUT Family 0.65
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 0.04
CD Customer, Removes liquidity, <100 contracts, ETF Free
CE Customer, Adds liquidity, ETF Free
CK Customer, Equity, ETF Free
CM Customer, MXEA 0.25
CN Customer, MXEF 0.25
CO Customer, OEX, XEO 0.40
CP Customer, OEX Weekly, XEO Weekly, Sector Indexes 0.30
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
EQ Equity Leg 0.001
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
FH Firm, Underlying Symbol List A 0.26
FI Firm, Sector Indexes Free
FK Firm, VIX 0.25
MA Market-Maker 0.23
MR Market-Maker, RLG, RLV, RUI, UKXM, 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, XSP 0.23
NB Non-Customer, Non-Market-Maker, AIM Response, Penny 0.50
NC Non-Customer, Non-Market-Maker, AIM Response, Non-Penny 1.05
QC Customer, QCC 0.00
QN Non-Customer, QCC 0.17
RD Customer, Routed to AMEX, BOX, BX, EDGX, MERC, MIAX, PHLX, >=100 contracts, ETF 0.33
RE Customer, Routed to AMEX, BOX, BX, EDGX, MERC, MIAX, PHLX, < 100 contracts ETF, Equity 0.15
RF Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, >= 100 contracts ETF, Penny 0.83
RG Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, >= 100 contracts ETF, Non-Penny 1.18
RH Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, <100 contracts ETF, Equity, Penny 0.65
RI Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, <100 contracts ETF, Equity, Non-Penny 1.00
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
RX Customer, Routed, XSP 0.19
SC Compression Trade Free
TD Customer, Routed to AMEX, BOX, BX, EDGX, MERC, MIAX, PHLX, 100 contracts, ETF, Originating on PULSe 0.18
TE Customer, Routed to AMEX, BOX, BX, EDGX, MERC, MIAX, PHLX, < 100 contracts ETF, Equity, Originating on PULSe Free
TF Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, 100 contracts ETF, Penny, Originating on PULSe 0.18
TG Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, 100 contracts ETF, Non-Penny, Originating on PULSe 0.18
TH Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, <100 contracts ETF, Equity, Penny, Originating on PULSe Free
TI Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, <100 contracts ETF, Equity, Non-Penny, Originating on PULSe Free
TS Customer, Routed, Index, Originating on PULSe 0.18
TX Customer, Routed, XSP, Originating on PULSe 0.04
WA Professional Customer, Manual 0.12
WR RLG, RLV, RUI, UKXM Free
YB AIM Contra, Index 0.07
YC AIM Contra, Equity, ETF 0.07