27 May 2025
📈Cboe EDGX Increases 10 Gb Physical Port Fee
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 to increase the monthly fee for 10 Gb physical ports, moving from $7,500 to $8,500. This measure aims to enhance its technology and maintain service levels while remaining competitive with other exchanges. The proposed fee changes reflect inflation and operational costs in the industry.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed increase in the 10 Gb physical port fee from $7,500 to $8,500 has direct financial implications for businesses needing data connectivity. This affects operational costs for members using these ports, which are essential for competitive trading activities. The Exchange claims this fee aligns competitively but could still strain budgets for some market participants.