28 Jul 2025
💵Cboe Proposes Extended Fee Waiver for Silexx Trading Platform
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend a Fee Waiver Currently Offered for Cboe Silexx
Summary
The Cboe Exchange has filed a proposed rule change to extend the fee waiver for Cboe Silexx platforms, facilitating market participants' transition from legacy trading systems to updated functionalities. This adjustment aims to minimize costs related to duplicate fees during the migration period, promoting broader adoption of the platform.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change extends a fee waiver for the Cboe Silexx platform, impacting businesses using this trading platform by reducing transitional costs. This encourages adoption of the updated platform while alleviating duplicative fees during the transition, which directly affects those in financial services and trading.