📈Cboe EDGA Proposes Fee Increase for 10 Gb Physical Ports
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 filed a proposed rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. The Exchange justifies this increase as necessary to maintain and enhance its market technology and services, aligning its fees with industry standards, and addressing inflationary impacts on operational costs.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change to increase fees for 10 Gb physical ports directly affects operational costs for businesses using these services. Executives must consider the impact of higher connectivity costs on their budgets and pricing strategies. The fee adjustment also reflects inflation and improved service quality, suggesting potential benefits but also necessitating scrutiny of tech budgets going forward.