U.S. Equity Derivatives
With 6 U.S. options exchanges, Nasdaq offers flexibility, customization and diversification with unique functionality, as well as allocation models and pricing models catering to a full spectrum of clients.
From its inception, Nasdaq has been an innovator and agent of change in the financial markets. Innovation is in Nasdaq’s DNA, beginning with the development of electronic trading and continuing today as we seek to bring enhanced functionality and world-leading technology to power our suite of six options exchanges and products.
Exchanges
Nasdaq PHLX (PHLX)
Nasdaq PHLX (PHLX) is a full service options trading platform delivering cutting-edge electronic and floor-based trading
Explore PHLXNasdaq Options Market (NOM)
NOM is an all-electronic, price/time priority trading system running on Nasdaq's high-speed INET technology.
Explore NOMNasdaq Texas Options (NTX Options)
Geared toward retail order flow, NTX Options is accessible using existing Nasdaq connectivity options.
Explore NTX OptionsNasdaq ISE (ISE)
Nasdaq ISE (ISE) delivers fast and efficient execution of Complex, Implied and Crossing Orders.
Explore ISENasdaq GEMX (GEMX)
Nasdaq GEMX (GEMX) is designed to attract liquidity and offer price improvement opportunities.
Explore GEMXNasdaq MRX (MRX)
Nasdaq MRX (MRX) offers both a simple customer priority, pro-rata allocation market and a price-time complex market.
Explore MRXMarket Data
Nasdaq Options Offerings
Nasdaq owns and operates six options exchanges, covering U.S. options markets. We offer an array of options products that provide data for these exchanges.
Learn MoreNasdaq Options Greek & Implied Volatility
Nasdaq's Options Greeks & Implied Volatility provides unique analytical insights on the impacts of price movements increasing transparency and efficiency in quantifying and managing risk.
Learn MoreNasdaq Options Trade Outline
Nasdaq’s Options Trade Outline products provide electronic trade data with aggregated summaries on trade quantity and volume.
Learn MoreProducts
Nasdaq-100® Index Options
More options. More opportunity. Gain exposure to 100+ of the world’s largest, Nasdaq-listed, non-financial securities.
Explore NDX OptionsFLEX® Options on PHLX
With FLEX Options, clients can customize equity options to fit specific investment strategies and goals.
Explore FLEX® Options on PHLXU.S. Dollar-Settled Foreign Currency Options®
Nasdaq Foreign Currency Options allow retail and institutional traders to trade foreign currency derivatives on seven currencies, covering both major world currencies and emerging markets.
Explore Foreign Currency OptionsPHLX Sector-Based Index Options
PHLX offers a suite of Sector-Based Index Options, such as Utilities, Gold/Silver, Oil Services, Banks, and Housing.
Explore PHLX Sector-Based Index OptionsWeekly and Quarterly Options
Nasdaq offers short-term options series (“Weeklies”) on underlyings.
Explore Weekly and Quarterly Options