17 Mar 2025
💰MIAX Emerald Proposes Change to Excessive Quoting Fee Schedule
Self-Regulatory Organizations; MIAX Emerald, LLC (“MIAX Emerald” or “Exchange”); Notice of Filing and Immediate Effectiveness of a Proposed Rule Change by MIAX Emerald, LLC To Amend the Fee Schedule To Modify the Excessive Quoting Fee
Summary
The Securities and Exchange Commission announces MIAX Emerald's proposal to amend its Fee Schedule, specifically regarding the Excessive Quoting Fee. The rule change aims to adjust the inbound quote limit, prompting market participants to re-evaluate their trading costs and compliance strategies in response to the newly modified fee structure.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change to amend the Excessive Quoting Fee has direct financial implications for businesses engaging with MIAX Emerald, affecting cost structures and trading strategies. Compliance with revised fee schedules will be necessary for market participants.