9 Sep 2025
📈Cboe BYX Introduces Fees for All Cancels Report
Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for the All Cancels Data Report
Summary
The Cboe BYX Exchange proposes to implement fees for its new All Cancels Report, designed to offer market participants insights into cancel behavior and messaging activity. This report will enhance data availability and analysis for businesses, supporting their trading efficacy. A monthly fee structure is proposed, with options for bundled subscriptions.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text outlines a proposed rule change by the Cboe BYX Exchange to introduce fees for the new All Cancels Report, directly affecting market participants who may need to assess their canceling activity. This change entails compliance and potential additional costs for subscribing businesses.