💻Cboe EDGA Proposes Increase in 10 Gb Physical Port Fees
Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Monthly Fee for 10 Gb Physical Ports
Summary
The Cboe EDGA Exchange has announced a proposed rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This adjustment aims to better reflect service quality and operational costs after a lengthy period without fee increases. The proposal is designed to support continued technological improvements and competitive offerings within the exchange market.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed increase in monthly fees for 10 Gb physical ports from $7,500 to $8,500 could significantly impact business budgets for firms utilizing these high-capacity connections. The fee change relates directly to increased operational costs and the technology enhancements made by the Exchange, affecting firms' financial planning and operational expenses.