15 Apr 2025
💰Cboe BZX Exchange Proposes New Fees for Unitized Logical Ports
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for New Logical Ports in Connection With a New Connectivity Offering on Its Equity Options Platform
Summary
The Cboe BZX Exchange has proposed a rule change to establish fees for new Unitized Logical Ports on its equity options platform and introduce Average Daily Quote and Order fees. This aims to regulate market resource usage while providing businesses with enhanced connectivity options for trading activities.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed changes to fees for Unitized Logical Ports and Average Daily Quote/Order fees directly impact trading costs for business owners on the Cboe BZX Exchange. These fees may affect decision-making regarding connectivity options and resource allocation. The incremental tiered fee structure could lead to increased costs for businesses with high order and quoting activity.