11 Aug 2025
📈Cboe Proposes Rule Change for Timestamping Service Reports
Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Fees for Cboe Timestamping Service Reports To Allow Sponsored Participants To Purchase These Reports Directly
Summary
The Cboe EDGA Exchange is amending fees to allow Sponsored Participants to directly purchase Cboe Timestamping Service reports. This change is aimed at improving access to trading data, essential for firms that require insights into order execution and cancelation activities, enhancing their trading strategies.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule allows Sponsored Participants to directly purchase reports from the Cboe Timestamping Service, impacting financial operations for firms that might desire tailored data access. This presents a compliance and regulatory shift for businesses needing timely data to inform trading strategies.