27 May 2025
💰Cboe BYX Exchange Updates Fee Schedule 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 changes to its fee schedule, introducing monthly fees for Dedicated Cores to enhance trading performance. Users can initially access two Dedicated Cores at no cost, with tiered fees for additional cores based on usage. The proposal aims to manage resources while providing users with options for improving latency and trading efficiency.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change outlines significant fee structures and service offerings related to Dedicated Cores on the Cboe BYX Exchange, impacting users' financial strategies and operational expenses. Compliance with new fees and understanding their implications on trading capabilities are essential for business owners in the trading sector.