18 Mar 2025
💰MIAX Emerald Proposes Fee Change for Testing Systems Access
Self-Regulatory Organizations; MIAX Emerald, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule To Adopt Fees for Dedicated Cross Connection Access to the Testing Systems Environment
Summary
The MIAX Emerald, LLC has proposed a rule change to amend its fee schedule, establishing a fee for market participants utilizing its dedicated cross connection for testing systems. The Securities and Exchange Commission is seeking public comments on this proposal, which was filed for immediate effectiveness.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The rule change introduces a new fee for dedicated cross connection access to MIAX Emerald's testing systems environment, which may increase operational costs for market participants. This affects business owners and executives who plan to use the exchange's testing services for market readiness.