31 Jan 2025
💰SEC Notice on MIAX Sapphire Fee Changes for Testing Systems
Self-Regulatory Organizations; MIAX Sapphire, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule To Adopt Fees for Dedicated Cross Connection Access to the Testing Systems Environment
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice affects businesses by introducing a new fee for access to the Exchange's testing systems, impacting operational costs for market participants. This regulatory change is significant as it may influence market strategies and compliance costs.