💰Cboe EDGX Increases Monthly Fees for 10 Gb Physical Ports
Self-Regulatory Organizations; Cboe EDGX 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 EDGX Exchange has announced a proposal to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This change aims to support technological advancements and maintain service quality while aligning with industry standards. The proposed increase follows a period without adjustments since 2018 and is anticipated to affect market participants significantly.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed increase in fees for 10 Gb physical ports from $7,500 to $8,500 has financial implications for businesses utilizing these ports, impacting their operating costs and potentially their pricing strategies. This affects market participants who rely on high-speed connectivity to access exchange services and may lead to a reassessment of their cost structures.