11 Aug 2025
📈Cboe BZX Exchange Proposes Fee Schedule Amendments
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule by Revising the Rate Associated With the Cross Asset Tier
Summary
Cboe BZX Exchange has filed to amend its fee schedule by lowering the enhanced rebate for specific trading tiers. This change, effective August 1, 2025, aims to maintain competitiveness within the equities market, reflecting adjustments due to market conditions while encouraging liquidity provision among members.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change by Cboe BZX Exchange involves revising fee schedules that directly affect market participants. The reduction in rebates for liquidity-adding orders could influence trading strategies and overall cost structures for businesses engaged in securities trading. This reflects compliance with evolving competitive market conditions.