7 May 2025
📊Cboe Proposes Fee Discounts for Academic Trading Data Purchasers
Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Update Its Fee Schedule To Provide a Discount on Fees Assessed to Qualifying Academic Purchasers for Purchases of Ad Hoc Historical U.S. Equity Short Volume and Trades Reports
Summary
The Securities and Exchange Commission has published a notice from Cboe EDGA Exchange proposing a rule change to update its fee schedule. The change introduces a discount program for qualifying academic institutions purchasing historical U.S. equity short volume and trade reports, aiming to encourage academic research and studies in the equities market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change offers a discount on fees to qualifying academic purchasers for historical trading data, potentially allowing academic institutions to conduct significant research without the barrier of high fees. This could stimulate demand for market data services among academics, impacting businesses that provide these products.