13 Aug 2025
📈Cboe BYX Exchange Announces Temporary Discount on Historical Data
Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule To Provide a Temporary Discount on BYX Historical Depth Data
Summary
Cboe BYX Exchange has proposed a temporary rule change to its fee schedule that includes a 20% discount on ad-hoc purchases of Historical Depth Data valued at $20,000 or more. This discount aims to incentivize market participants, promoting increased access and transparency in equities market information. The program will run from July 30 to September 30, 2025.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change introduces a temporary 20% discount for purchases over $20,000 of Historical Depth Data, potentially increasing sales and customer engagement for businesses utilizing this data. The implications also relate to competitive pricing strategies within the exchange market.