💻Proposed Rule Change on Fees for Dedicated Cores at Cboe BZX
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule Regarding Dedicated Cores
Summary
The Cboe BZX Exchange has proposed a rule change to amend its fee schedule for Dedicated Cores, allowing users to improve their trading performance through enhanced processing capabilities. Users can access up to two Dedicated Cores free of charge, with progressive fees for additional cores based on quantity. The Exchange aims to manage limited resources amid growing user demand.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change introduces fees for Dedicated Cores on the Cboe BZX Exchange. Businesses wishing to leverage these cores for reduced latency and improved trade capacity must assess the associated costs, impacting their operational budgets and trading strategies. The voluntary nature of this service allows businesses to choose based on their specific needs.