26 Jun 2025
📈LTSE Proposes Changes to Fee Schedule Affecting Trading Costs
Self-Regulatory Organizations; Long-Term Stock Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the LTSE Fee Schedule
Summary
The Long-Term Stock Exchange has filed a proposed rule change to amend its fee schedule, lowering rebates for adding displayed liquidity and take fees for removing non-displayed liquidity. This aims to enhance market interaction and improve overall execution options for members while maintaining competitiveness in a fragmented market.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change from the LTSE includes lowering transaction rebates and fees, directly impacting trading costs for market participants. This can influence market liquidity and execution strategies, affecting business operations and costs for firms engaging in trading activities.