17 Mar 2025
📈Cboe EDGX Fee Schedule Amendment
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule by Changing the Criteria for Remove Volume Tier 2 and Retail Volume Tier 1
Summary
The Securities and Exchange Commission published a notice regarding Cboe EDGX Exchange's proposed rule change to amend its fee schedule by altering Remove Volume Tier 2 and Retail Volume Tier 1 criteria, aimed at enhancing market operations. The Commission seeks public comments on the proposal, which has been designated for immediate effectiveness.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by Cboe EDGX Exchange, which alters the fee schedule and criteria for trading tiers, directly impacts the cost structure for traders and brokers. This could lead to significant changes in trading strategies and volumes, affecting overall market participation and profitability.