23 Jan 2025
📈Cboe's Proposed Rule Change
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 21.15(b) (Exchange Data Products) To Adopt Cboe Timestamping Service, Which Is a Market Data Service Comprised of Two Distinct Market Data Reports
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change to adopt the Cboe Timestamping Service introduces new optional market data products with associated fees, affecting market participants' data reporting and compliance strategies. Businesses need to consider the operational costs and implications of opting into these data services.