💰Proposed Rule Change on Market Data Fees by Miami Exchange
Self-Regulatory Organizations; Miami International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule To Adopt New Fee Categories for the Exchange's Proprietary Market Data Feeds
Summary
The Miami International Securities Exchange has proposed amendments to its fee schedule for proprietary market data feeds, introducing new categories and pricing structures. The changes aim to align fees with those of affiliated exchanges while addressing subscription handling and ensuring equitable fee allocation to various users, including Professional and Non-Professional Users.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The text outlines a proposed rule change by the Miami International Securities Exchange that involves amendments to its fee schedule for proprietary market data feeds. This has direct financial implications for businesses and market participants who need to budget for these new fees, which include User fees and Non-Display Usage fees, affecting their operational costs.