23 Jul 2025
💹Cboe BZX Exchange Fee Schedule Changes and Implications for Businesses
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule Related To Add Volume Tiers
Summary
The Cboe BZX Exchange announces a proposed amendment to its fee schedule, adjusting volume tiers and rebates in response to competitive market dynamics. The changes include revising criteria for Add Volume Tiers and introducing an Ex-Subdollar ADAV calculation to enhance liquidity incentives, ultimately promoting increased market participation and trading volume.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document outlines a proposed rule change in the fee schedule for the Cboe BZX Exchange which directly impacts trading costs and rebates for market participants. This could influence trading strategies and operational cost management for businesses involved in equity trading.