27 Mar 2025
💰Cboe BYX Exchange Proposed Increase in Physical Port Fees
Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Monthly Fee for 10 Gb Physical Ports
Summary
Cboe BYX Exchange has proposed an increase in monthly fees for 10 Gb physical ports from $7,500 to $8,500. This fee adjustment aims to account for inflation and recent operational improvements, aligning the costs with enhanced service quality and competitive offerings in the market. The change is designed to support ongoing investments in technology and infrastructure.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed fee increase for 10 Gb physical ports from $7,500 to $8,500 directly impacts businesses using these connections for trading on the Cboe BYX Exchange. The adjustment reflects inflation and increased operational costs, which may influence business budgeting and strategic financial planning.