Illustration of layered documents with structured lines representing liquidity incentive rules for non-displayed orders

Nasdaq Updates and Extends Credit Tier for Non-Displayed Liquidity Orders

WASHINGTON, April 3, 2026 — The U.S. Securities and Exchange Commission has published a notice of filing and immediate effectiveness of a proposed rule change by Nasdaq to amend its transaction fee schedule, updating and extending a credit tier for non-displayed orders that provide liquidity, according to an SEC notice.