17 Jul 2025
💰NYSE Texas Proposal
Self-Regulatory Organizations; NYSE Texas, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Fee Schedule of NYSE Texas, Inc. To Harmonize the Manner in Which the Exchange Charges for Ports That Provide Connectivity to the Exchange
Summary
The NYSE Texas proposes a rule change to amend its Fee Schedule, harmonizing fees for order/quote entry ports and introducing charges for drop copy ports. The changes aim to simplify the fee structure for firms using these ports while promoting efficient use of resources. Comments on the proposed amendment are encouraged from the public.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change amends the Fee Schedule for connectivity ports at NYSE Texas, affecting businesses that use these services. The adjustments include new fees for drop copy ports and proration rules, which could lead to altered operational costs for firms involved in trading, thereby influencing financial strategies.