💰Cboe BZX Exchange Proposes New Fees for Trading 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 submitted a notice regarding the implementation of new fees for Unitized Logical Ports associated with its equity options platform. These changes include fees for Average Daily Quotes and Average Daily Orders, aimed at managing exchange resources while providing members with enhanced connectivity options. Members can choose to utilize these ports on an optional basis, aligning their costs with their trading needs.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content outlines new fees associated with the Cboe BZX Exchange's Unitized Logical Ports and Average Daily Order/Quote fees, directly affecting business operations for trading firms. The optional nature of these ports grants flexibility, but also imposes potential costs that could influence trading strategies and compliance with market demands.