28 May 2025
💰Cboe BYX Announces Increase in Physical Port Fees for Businesses
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
The Cboe BYX Exchange proposes an increase in the monthly fee for 10 Gb physical ports, from $7,500 to $8,500. This adjustment reflects the need for ongoing investment in market technology and services, and aims to maintain competitive pricing relative to other exchanges. Comments are being solicited on this proposed fee change.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed increase in monthly fees for 10 Gb physical ports from $7,500 to $8,500 could affect operational costs for businesses requiring these connections, impacting financial forecasts. The fee hike aligns with the need for continued investment in technology and services, prompting businesses to assess their connectivity strategies and budgeting.