18 Feb 2025
💵Cboe Exchange Announces Fee Increase for Silexx Basic Platform
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee for the Cboe Legacy Silexx Basic Platform
Summary
The Securities and Exchange Commission has published a notice regarding Cboe Exchange, Inc.'s proposed rule change to amend the fee structure for the Legacy Silexx Basic platform. This notice seeks comments from interested parties while highlighting the immediate effectiveness of the fee increase proposal. The proposed changes aim to adjust operational financial parameters for traders using the platform.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulation proposes an increase in fees for the Cboe Legacy Silexx Basic platform, affecting trading costs for businesses that utilize this platform. The increase may lead to higher operational costs for firms engaged in trading activities on this exchange, thus impacting their profit margins.