20 Feb 2025
💵Cboe EDGA Proposes Fee Changes for Securities Below $1
Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule by Modifying the Rates To Add and Remove Liquidity Associated With Securities Priced Below $1.00
Summary
Cboe EDGA Exchange proposes a revision to its fee schedule, modifying rates for adding and removing liquidity associated with securities priced below $1. The change is designated for immediate effectiveness, signaling a shift in trading cost dynamics for affected securities. The Commission invites public comments on this significant regulatory alteration.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by Cboe EDGA Exchange modifies fees for adding and removing liquidity for securities priced below $1. This has direct financial implications for businesses trading such securities as it can affect the cost of transactions and liquidity strategies, impacting overall trading costs.