14 Mar 2025
💼Proposed Increase in NYSE Arca Port Fees and Compliance Notice
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase Port Fees
Summary
The SEC has published a notice regarding a proposed rule change by NYSE Arca to amend its fee schedule, increasing port fees and removing the open outcry port fee discount. This change is set to take effect immediately and invites public comments on its potential impacts.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by NYSE Arca to increase port fees and eliminate discounts may raise operational costs for businesses reliant on these services. This could impact transaction and trading costs for users of the exchange.