22 May 2025
💰Cboe EDGX Proposes Fee Increase 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 filed a proposed rule change with the SEC to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This adjustment follows a prolonged period of static fees and aims to ensure continued investment in technology and services, while remaining competitive relative to other exchanges. This change is currently open for public comment.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed increase in monthly fees for 10 Gb physical ports from $7,500 to $8,500 directly affects businesses relying on such connections to access market data. This increase can impact operational costs and affect profit margins for firms reliant on these exchanges for trading activities, as outlined in several sections of the document.