6 Feb 2025
📈BOX Exchange Proposes Increase in Manual Transaction Fees
Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Section V. Manual Transaction Fees of the Fee Schedule To Increase the Fee for Floor Market Maker Manual Transactions on the BOX Options Market LLC Facility
Summary
The SEC has published a notice regarding BOX Exchange LLC's proposed rule change to amend the Fee Schedule, specifically increasing the manual transaction fees for Floor Market Makers in the BOX Options Market. This rule is designated for immediate effectiveness and invites comments from stakeholders about the change.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule for increasing transaction fees directly affects operational costs for Floor Market Makers and potentially impacts their pricing strategies, profitability, and market competitiveness on the BOX Options Market. Business owners must adapt to these new costs.