📉Cboe Proposes Temporary 20% Discount on Open-Close Data Fees
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule To Provide a Temporary Discount on Historical Open-Close Data
Summary
The Cboe Exchange has filed a proposed rule change to temporarily update its fee schedule, introducing a 20% discount on historical Open-Close Data for eligible purchases between April 23 and June 30, 2025. This initiative aims to incentivize more market participants to access valuable trading data, enhancing their market analysis and decision-making capabilities.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change offers a temporary 20% discount on historical Open-Close Data purchases, benefiting Trading Permit Holders and non-Trading Permit Holders. This financial incentive aims to encourage market participants to utilize data, enhancing decision-making capabilities and potentially increasing overall trade volumes. The implications for businesses engaging with the Cboe Exchange are significant as it can reduce costs for critical market data.