16 Sep 2025
💰IEX Proposes Fee Increase for Order Entry Ports
Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Modify the IEX Fee Schedule Concerning Logical Order Entry Ports
Summary
The SEC has published a notice regarding IEX's proposed rule to modify its fee schedule, specifically addressing the fees for logical order entry ports. The changes involve an increase in monthly fees and a reduction in the number of free ports available to members, effective October 1, 2025, subject to SEC approval.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change increases fees for logical order entry ports from $250 to $450 while reducing the number of free ports from five to three. This change directly impacts the operational costs for IEX Members and Service Bureaus needing to connect to the exchange, requiring them to adjust their business strategies accordingly.