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Rulebook - Nasdaq ISE
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The Nasdaq Stock Market Rules
Rule 0100:General Provisions
Rule 1000:Membership, Registration and Qualification Requirements
Rule 2000:Business Conduct
Rule 2000A:Business Conduct
Rule 3000:Responsibilities Relating to Associated Persons, Employees, and Others' Employees
Rule 3000A:Supervision and Responsibilities Relating to Associated Persons
Rule 4000:Marketplace Rules
Rule 4000A:Financial and Operational Rules
Rule 4000B:Trading of Non-Convertible Bonds Listed on Nasdaq
Rule 5000:The Qualification, Listing and Delisting of Companies
Rule 5000A:NASDAQ Supplementary Conduct Rules
Rule 6000:Other Systems and Programs
Rule 7000A:Order Audit Trail Series
Rule 8000:Investigations and Sanctions
Rule 9000:Code of Procedure
Rule 11000:Uniform Practice Code
Chapter I:General Provisions
Chapter II:Participation
Chapter III:Business Conduct
Chapter V:Regulation of Trading on NOM
Chapter VI:Trading Systems
Chapter VII:Market Participants
Chapter VIII:Exercises and Deliveries
Chapter IX:Records, Reports and Audits
Chapter X:Discipline and Summary Suspensions
Chapter XI:Doing Business with the Public
Chapter XII:Options Order Protection and Locked and Crossed Market Rules
Chapter XIII:Margin Requirements
Chapter XIV:Index Rules
The Nasdaq Stock Market LLC Rules
  • General 1: General Provisions
  • General 2: Organization and Administration
  • General 3: Membership and Access
  • General 4: Regulation
  • General 5: Discipline
  • General 6: Arbitration
  • General 7: Consolidated Audit Trail Compliance
  • General 8: Connectivity
  • Equity 1: Equity Definitions
  • Equity 2: Equity Trading Rules
  • Equity 3: Equity Market Participants
  • Equity 4: Reserved
  • Equity 5: Order Audit Trail System
  • Equity 6: Limit Up-Limit Down
  • Equity 7: Pricing Schedule
  • Equity 8: Uniform Practice Code
  • Equity 9: Supplementary Conduct Rules
  • Equity 10: Qualification, Listing and Delisting of Companies
  • Equity 11: Reserved
  • Options 1: Options Definitions
  • Options 2: Options Trading Rules
  • Options 3: Options Market Participants
  • Options 4: Options Listing Rules
  • Options 5: Options Trade Administration
  • Options 6: Order Protection and Locked and Cross Markets
  • Options 7: Pricing Schedule
  • Options 8: Reserved
  • Options 9: Reserved
Corporate Organization
  • Certificate of Formation
  • Second Amended Limited Liability Co. Agreement of the Nasdaq Stock Market LLC
  • By-Laws
  • Certificate of Formation
  • Delegation Agreement
  • Limited Liability Company Agreement
  • Certificate of Incorporation
  • Certificate of Designation of Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Elimination of the Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Amendment Dated September 8, 2015
  • Certificate of Amendment Dated November 17, 2014
  • By-Laws
Additional Information
rulebook-rules-mrx
  • General 1: General Provisions
  • General 2: Organization and Administration
  • General 3: Membership and Access
  • General 4: Regulation
  • General 5: Discipline
  • General 6: Arbitration
  • General 7: Consolidated Audit Trail Compliance
  • General 8: Connectivity
  • Options 1: General Provisions
  • Options 2: Options Market Participants
  • Options 2A: MRX Market Maker Rights
  • Options 3: Options Trading Rules
  • Options 4: Options Listing Rules
  • Options 4A: Options Index Rules
  • Options 5: Order Protections and Locked and Crossed Markets
  • Options 6: Options Trade Administration
  • Options 6A: Closing Transactions
  • Options 6B: Exercises and Deliveries
  • Options 6C: Margins
  • Options 6D: Net Capital Requirements
  • Options 6E: Records, Reports and Audits
  • Options 7: Pricing Schedule
  • Options 8: Reserved
  • Options 9: Business Conduct
  • Options 10: Doing Business with the Public
  • Options 11: Minor Rule Plan Violations
  • Chapter 2: Organization and Administration
Corporate Organization
  • Certificate of Incorporation
  • Certificate of Designation of Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Elimination of the Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Amendment Dated September 8, 2015
  • Certificate of Amendment Dated November 17, 2014
  • By-Laws
NASDAQ Futures Rules
  • Chapter I: Definitions and Governance of the Exchange
  • Chapter II: Membership Rules
  • Chapter III: Obligations of Futures Participants and Authorized Traders
  • Chapter IV: Trading System
  • Chapter V: Trading Procedures and Standards
  • Chapter VI: Disciplinary Rules
  • Chapter VII: Arbitration Rules
  • Chapter VIII: Options Rules
  • Rulebook Appendix A - Listed Contracts
  • Rulebook Appendix B - Energy Products Position Limit & Accountability Table
Corporate Organization
  • Certificate of Incorporation
  • Certificate of Designation of Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Elimination of the Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Amendment Dated September 8, 2015
  • Certificate of Amendment Dated November 17, 2014
  • By-Laws
rulebook-rules-gemx
  • General 1: General Provisions
  • General 2: Organization and Administration
  • General 3: Membership and Access
  • General 4: Regulation
  • General 5: Discipline
  • General 6: Arbitration
  • General 7: Consolidated Audit Trail Compliance
  • General 8: Connectivity
  • Options 1: General Provisions
  • Options 2: Options Market Participants
  • Options 2A: GEMX Market Maker Rights
  • Options 3: Options Trading Rules
  • Options 4: Options Listing Rules
  • Options 4A: Options Index Rules
  • Options 5: Order Protections and Locked and Crossed Markets
  • Options 6: Options Trade Administration
  • Options 6A: Closing Transactions
  • Options 6B: Exercises and Deliveries
  • Options 6C: Margins
  • Options 6D: Net Capital Requirements
  • Options 6E: Records, Reports and Audits
  • Options 7: Pricing Schedule
  • Options 8: Reserved
  • Options 9: Business Conduct
  • Options 10: Doing Business with the Public
  • Options 11: Minor Rule Plan Violations
  • Chapter 2: Administration
Corporate Organization
  • Certificate of Incorporation
  • Certificate of Designation of Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Elimination of the Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Amendment Dated September 8, 2015
  • Certificate of Amendment Dated November 17, 2014
  • By-Laws
rulebook-rules-ise
  • General 1: General Provisions
  • General 2: Organization and Administration
  • General 3: Membership and Access
  • General 4: Regulation
  • General 5: Discipline
  • General 6: Arbitration
  • General 7: Consolidated Audit Trail Compliance
  • General 8: Connectivity
  • Options 1: General Provisions
  • Options 2: Options Market Participants
  • Options 2A: ISE Market Maker Rights
  • Options 3: Options Trading Rules
  • Options 4: Options Listing Rules
  • Options 4A: Options Index Rules
  • Options 5: Order Protections and Locked and Crossed Markets
  • Options 6: Options Trade Administration
  • Options 6A: Closing Transactions
  • Options 6B: Exercises and Deliveries
  • Options 6C: Margins
  • Options 6D: Net Capital Requirements
  • Options 6E: Records, Reports and Audits
  • Options 7: Pricing Schedule
  • Options 8: Reserved
  • Options 9: Business Conduct
  • Options 10: Doing Business with the Public
  • Options 11: Minor Rule Plan Violations
Corporate Organization
  • Certificate of Incorporation
  • Certificate of Designation of Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Elimination of the Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Amendment Dated September 8, 2015
  • Certificate of Amendment Dated November 17, 2014
  • By-Laws
rulebook-rules-phlx
Nasdaq PHLX Rules
Rule 1 Definitions
Rules 2 - 499 Dealings upon the Exchange
Rules 500 - 599 Allocation, SQT, RSQT, and Evaluation Rules
Rules 600 - 799 Regulation of Members and Member Organizations
Rules 800 - 868 Standards for Trading Securities Pursuant to Unlisted Trading Privileges
Rules 900 - 949 Membership
Rules 971 - 972 Transitional Rules Relating To Demutualization Of The Exchange
Rule 980 Regulatory Services Agreements
Rule 985 Affiliation and Ownership Restrictions
Rule 990 Additional Requirements for Securities Listed on the Exchange Issued by Nasdaq or its Affiliates
Rules 900A - 996A Reserved
Rules 1000 - 1099 Rules Applicable to Trading of Options on Stocks, Exchange-Traded Fund Shares and Foreign Currencies Registration, Qualification and Continuing Education
Rules 2000 - 2040Rules Applicable to Trading of Options on Indices Rules Applicable to Trading of Options on Treasury Securities
Rules 1000A - 1108A Rules Applicable to Trading of Options on Indices
Rules 1000A - 1025D Rules Applicable to Trading of Options on Treasury Securities
 
Rules 3000 - 7470A Nasdaq PSX
 
Rules 8000 - 8330 Investigations and Sanctions
Rules 9000 - 9870 Code of Procedure
Nasdaq PHLX LLC Rules
General 1 General Provisions
General 2 Organization and Administration
General 3 Membership and Access
General 4 Regulation
General 5 Discipline
General 6 Arbitration
General 7 Consolidated Audit Trail Compliance
General 8 Connectivity

Equity Rules  →

Equity 1 Equity Definitions
Equity 2 Equity Trading Rules
Equity 3 Equity Market Participants
Equity 4 Equity Listing Rules
Equity 5 Order Audit Trail Services
Equity 6 Limit Up-Limit Down
Equity 7 Pricing Schedule
Equity 8 Uniform Practice Code
Equity 9 Supplementary Conduct Rules
Equity 10 Reserved
Equity 11 Reserved

Options Rules  →

Options 1 Options Definitions
Options 2 Options Trading Rules
Options 3 Options Market Participants
Options 4 Options Listing Rules
Options 5 Options Trade Administration
Options 6 Order Protection and Locked Cross Markets
Options 7 Pricing Schedule
Options 8 Floor Trading
Options 9 Reserved
Corporate Organization
  • Certificate of Incorporation
  • Certificate of Designation of Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Elimination of the Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Amendment Dated September 8, 2015
  • Certificate of Amendment Dated November 17, 2014
  • By-Laws
ADDITIONAL INFORMATION BAND
rulebook-rules-bx
Rules of Nasdaq BX
Rule 0100 General Provisions
Rule 1000 Membership, Registration and Qualification Requirements
Rule 2000 Business Conduct
Rule 2000A Business Conduct
Rule 3000 Responsibilities Relating to Associated Persons, Employees, and Others' Employees
Rule 4000 Listing and Trading on the Exchange
Rule 4000A Financial and Operational Rules
Rule 5000 BX Venture Market LISTING RULES
Rule 5000A Supplementary Conduct Rules
Rule 6000 Other Systems and Programs
Rule 7000A Order Audit Trail Series
Rule 8000 Investigations and Sanctions
Rule 9000 Code of Procedure
Rule 11000 Uniform Practice Code
Chapter I General Provisions
Chapter II Participation
Chapter III Business Conduct
Chapter V Regulation of Trading on BX Options
Chapter VI Trading Systems
Chapter VII Market Participants
Chapter VIII Exercises and Deliveries
Chapter IX Records, Reports and Audits
Chapter X Discipline and Summary Suspensions
Chapter XI Doing Business with the Public
Chapter XII Options Order Protection and Locked and Crossed Market Rules
Chapter XIII Margin Requirements
Chapter XIV Index Rules
Nasdaq BX, Inc. Rules
General 1 General Provisions
General 2 Organization and Administration
General 3 Membership and Access
General 4 Regulation
General 5 Discipline
General 6 Arbitration
General 7 Consolidated Audit Trail Compliance
General 8 Connectivity
Equity 1 Equity Definitions
Equity 2 Equity Trading Rules
Equity 3 Equity Market Participants
Equity 4 Equity Listing Rules
Equity 5 Order Audit Trail Services
Equity 6 Limit Up-Limit Down
Equity 7 Pricing Schedule
Equity 8 Uniform Practice Code
Equity 9 Supplementary Conduct Rules
Equity 10 Reserved
Equity 11 BX Venture Market Listing Rules
Options 1 Options Definitions
Options 2 Options Trading Rules
Options 3 Options Market Participants
Options 4 Options Listing Rules
Options 5 Options Trade Administration
Options 6 Order Protection and Locked Cross Markets
Options 7 Pricing Schedule
Options 8 Floor Trading
Options 9 Reserved
Corporate Organization
  • Certificate of Incorporation
  • Certificate of Amendment to Certificate of Incorporation
  • Certificate of Amendment of Certificate of Incorporation of NASDAQ OMX BX, Inc.
  • By-Laws
  • NASDAQ OMX BX Equities LLC Operating Agreement
  • Delegation Agreement
  • Certificate of Incorporation
  • Certificate of Designation of Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Elimination of the Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Amendment Dated September 8, 2015
  • Certificate of Amendment Dated November 17, 2014
  • By-Laws
ADDITIONAL INFORMATION BAND
Until May 14, 2012, Boston Options Exchange (BOX) was regulated as a facility of NASDAQ BX (fka NASDAQ OMX BX). BOX is now operated as a separate self-regulatory organization. NASDAQ BX does not have an ownership interest in BOX.
rulebook-rules-bsecc
BSE Clearing Corporation Rules
RULE I MEMBERSHIP
RULE II CLEARING FUND
RULE III SERVICES
RULE IV CONDUCT OF BUSINESS
RULE V CHARGES FOR SERVICES
RULE VIAUDITS AND FINANCIAL REPORTS
RULE VII [RESERVED FOR FUTURE USE]
RULE VIII [RESERVED FOR FUTURE USE]
RULE IX TERMINATION AND SUSPENSION OF MEMBERSHIP
RULE X INSOLVENCY
RULE XIDISCIPLINE AND DENIAL OF ACCESS
RULE XII MISCELLANEOUS
Corporate Organization
  • Articles of Organization
  • By-Laws
  • Certificate of Incorporation
  • Certificate of Designation of Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Elimination of the Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Amendment Dated September 8, 2015
  • Certificate of Amendment Dated November 17, 2014
  • By-Laws
rulebook-rules-sccp
Stock Clearing Corporation of Philadelphia Rules
Rule 1. Definitions
Rule 2. Membership Application and Requirements
Rule 3. Participants' Qualifications
Rule 4. Participants Fund
Rule 5. Operating Requirements
Rule 6. Audits and Financial Reports
Rule 7. Dividends
Rule 8. Reserved.
Rule 9. Margin Accounts
Rule 10. RIO Accounts
Rule 11. Ex-Clearing Accounts
Rule 12. Lien on Securities in Accounts
Rule 13. Buy-In
Rule 14. Marking to Market
Rule 15. Discretionary Termination
Rule 16. Mandatory Termination
Rule 17. Insolvency
Rule 18. Reinstatement
Rule 19. Suspension of Rules or Extension of Time
Rule 20. Statements
Rule 21. Bills Rendered
Rule 22. Disciplinary Proceedings and Penalties
Rule 23. Right of Appeal
Rule 24. Miscellaneous Services
Rule 25. Late Charge
Rule 26. Receipt and Release of Trade and Clearing Data with Self-Regulatory Agencies, Clearing Agencies, and/or Service Bureaus
Rule 27. Insurance
Rule 28. Financial Reports
Rule 29. Standard of Care
Rule 30. Admission to Premises
Rule 31. Forms
Rule 32. Business Days
Rule 33. Facsimile Signatures
Rule 34. Procedures
Rule 35. Delegation
Rule 36. Instruments with Exercise Privileges
Rule 37. UCC Article 8 Applicability
Rule 38. Captions
Corporate Organization
  • Certificate of Incorporation
  • Certificate of Designation of Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Elimination of the Series A Convertible Preferred Stock of THE NASDAQ OMX Group, Inc.
  • Certificate of Amendment Dated September 8, 2015
  • Certificate of Amendment Dated November 17, 2014
  • By-Laws
 
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