📈Cboe EDGA Launches Small Retail Broker Solutions Program
The SEC announces Cboe EDGA Exchange's proposed rule change aiming to establish a Small Retail Broker Hosted Solutions Program. This initiative seeks to offer reduced data costs and fee waivers for small retail brokers, fostering enhanced access to market information for retail investors and increasing competition within the financial data sector.
Learn More📊Cboe EDGA Proposes Rule Change on Timestamp Granularity
The Cboe EDGA Exchange has filed a proposed rule change to amend its compliance rule regarding timestamp granularity. The amendment extends the expiration date of an exemptive relief from April 2025 to April 2030, affecting how timestamps are handled for reporting to the Consolidated Audit Trail (CAT). The change aims to ensure consistency with regulatory requirements while addressing operational procedures for Industry Members.
Learn More💸Cboe EDGA Proposes New Fee Structure for Dedicated Cores
The Cboe EDGA Exchange has filed a proposed rule change to amend its fee schedule for Dedicated Cores, offering up to two cores at no cost. Additional cores will incur progressive fees; the changes aim to improve resource allocation and meet increasing user demands for dedicated processing power.
Learn More📈Cboe EDGA Proposes Fee Increase for 10 Gb Physical Ports
The Cboe EDGA Exchange has filed a proposed rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. The Exchange justifies this increase as necessary to maintain and enhance its market technology and services, aligning its fees with industry standards, and addressing inflationary impacts on operational costs.
Learn More📈Cboe EDGA Exchange Launches NBBO Setter Program for Market Quality
The Cboe EDGA Exchange has proposed a rule change to amend its Fee Schedule by introducing an NBBO Setter Program aimed at enhancing market quality in illiquid securities. This program features new fee code SS and a Definitions section for clarity, offering rebates to traders who set a better National Best Bid and Offer (NBBO). It emphasizes the need for competitive pricing in a dynamic market environment.
Learn More💻Cboe EDGA Proposes New Fee Structure for Dedicated Cores
The Cboe EDGA Exchange has filed a notice proposing a new fee structure for its Dedicated Cores service, which enhances trading performance for users. The proposal includes progressive fees based on the number of Dedicated Cores utilized, aiming to manage demand and resource allocation effectively. Users can access two Dedicated Cores without cost, while additional cores incur fees.
Learn More💰Cboe EDGA Exchange Proposes Fee Increase for 10 Gb Ports
The Securities and Exchange Commission has published a notice regarding Cboe EDGA Exchange's proposed rule change to increase the monthly fee for 10 Gb physical ports. This change is designated for immediate effectiveness and invites public comments on its implications. The full details and context are available on the Exchange's and SEC's websites.
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