19 May 2025
💰Cboe EDGX Exchange Fee Schedule Proposed Rule Change Overview
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule by Revising the Shares Component Applicable to Add/Remove Volume Tiers 1-3
Summary
Cboe EDGX Exchange proposes a revision to its Fee Schedule for Add/Remove Volume Tiers, which may affect market participants’ trading strategies. The changes include adjustments in volume criteria for rebates, intended to enhance market liquidity and competitiveness, reflecting the highly competitive nature of equity exchanges.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document discusses a proposed rule change by the Cboe EDGX Exchange that revises fee schedules related to Add/Remove Volume Tiers. This impacts trading costs and competition, influencing business decisions for market participants regarding order flow and liquidity provisions.