24 Jul 2025
💰Cboe BYX Proposes New Fee Structure for Dedicated Cores
Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule Regarding Dedicated Cores
Summary
The Cboe BYX Exchange has proposed an amendment to its fee schedule, introducing new charges for Dedicated Cores. This initiative aims to enhance trading capabilities by allowing users to utilize dedicated processing resources for lowered latency and improved performance, while also setting caps on usage to manage resources effectively.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed amendment to the Cboe BYX Exchange's fee schedule for Dedicated Cores directly impacts businesses that may opt for enhanced trading performance through higher fees. As the initiative is voluntary, firms can weigh costs against the benefits of reduced latency and improved execution. The fees are structured progressively, affecting budgeting and operational strategies for users.