8 Aug 2025
📊Amendments to Cboe Timestamping Service Fees Impacting Market Participants
Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Fees for Cboe Timestamping Service Reports To Allow Sponsored Participants To Purchase These Reports Directly
Summary
The Cboe BYX Exchange proposes amendments allowing Sponsored Participants to purchase Timestamping Service Reports directly. This change aims to streamline data access and minimize delays in obtaining critical market information, enhancing operational efficiency for trading firms. The amendments are designed to provide flexibility in accessing data that influences trading activities.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change allows Sponsored Participants to directly purchase Timestamping Service Reports, impacting firms' subscription dynamics and potentially lowering costs/time delays associated with data access. This directly relates to compliance and operational efficiency for businesses engaged in market activities.