31 Mar 2025
💵Cboe Proposes Fee Increases for Legacy Silexx Trading Platforms
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Fees for the Cboe Legacy Silexx Platform Versions
Summary
Cboe Exchange, Inc. has filed a notice with the SEC proposing to increase monthly fees for its Legacy Silexx trading platforms, effective April 1, 2025. The changes aim to encourage users to transition to newer platforms while covering administrative costs during the transition period. The adjustments apply uniformly to all users of the Legacy Platforms.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed fee increases for the Cboe Legacy Silexx platforms directly affect business owners and executives by increasing operational costs. Users will see monthly fees rise from $500-$750 to $625-$950, incentivizing a transition to newer platforms. This can impact firms' trading costs, necessitating strategy adjustments.