31 Mar 2025
📈Cboe EDGX Proposes Increase in Logical Port Fees
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule To Modify Logical Port Fees
Summary
The Cboe EDGX Exchange has filed a rule change notice proposing modifications to its fee schedule for logical port connectivity fees. This significant amendment includes increases to various port fees, intended to support ongoing enhancements to market technology and services, thereby aiming to strengthen overall competitiveness in the options trading market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposal to increase logical port fees by Cboe EDGX directly impacts business owners who rely on connectivity services for trading. The fee increase from $500 to $750 or $1,000 may raise operational costs for firms, influencing their decision-making regarding technology investments and connectivity options.