28 May 2025
📊Proposed Fee Changes for MIAX Emerald Market Data Feeds
Self-Regulatory Organizations; MIAX Emerald, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt New Fee Categories for the Exchange's Proprietary Market Data Feeds
Summary
MIAX Emerald LLC seeks to amend its Fee Schedule, introducing new fee categories for its proprietary market data feeds, including a structure for per User and Non-Display Usage fees. This change aims to enhance transparency and reduce administrative burdens for subscribers while aligning with similar fees at other exchanges.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule involves new fee structures for proprietary market data feeds, including per User and Non-Display Usage fees, impacting financial operations for users of these feeds. It ensures businesses are better informed about the costs associated with accessing vital market data, which is crucial for trading strategies and operational efficiency.