26 Mar 2025
💻Cboe EDGA Proposes New Fee Structure for Dedicated Cores
Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule Regarding Dedicated Cores
Summary
The Cboe EDGA Exchange has filed a notice proposing a new fee structure for its Dedicated Cores service, which enhances trading performance for users. The proposal includes progressive fees based on the number of Dedicated Cores utilized, aiming to manage demand and resource allocation effectively. Users can access two Dedicated Cores without cost, while additional cores incur fees.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change by Cboe EDGA introduces a tiered fee structure for Dedicated Cores, impacting operational costs for users and firms that need reduced latency and enhanced performance in trading. This affects decision-making regarding technological investment and use of resources.