18 Sep 2025
💰IEX Proposes Changes to Fee Schedule for Non-Displayed Trading
Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Fee Schedule Concerning Transaction Pricing
Summary
The Investors Exchange LLC (IEX) has filed a proposal with the SEC to amend its fee schedule, introducing new pricing incentive tiers aimed at boosting non-displayed trading. The Incremental Fee Tiers will offer discounts for increased trading volumes, fostering greater liquidity and competitive edge for participating members.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule changes from the IEX to introduce Incremental Fee Tiers impact business owners by altering transaction pricing for non-displayed trades, incentivizing increased trading volume, which can enhance liquidity and competitiveness. This is crucial for members looking to optimize their trading strategies and manage costs more effectively.