💰Cboe Exchange Removes Fees for Legacy Silexx Platform
The Cboe Exchange, Inc. has filed a notice to remove fees associated with the Legacy Silexx platform and related waiver provisions. This change follows the completion of user migration to new Cboe platforms, aiming for clearer fee structures and greater convenience for market participants in trading operations.
Learn More💰Cboe Exchange Proposes Administrative Fee Impacting Options Trading
The Cboe Exchange has proposed a new administrative fee of 0.45% on collected Marketing Fees to cover costs related to the Marketing Fee program. This amendment aims to maintain competitive efficiency within the options market while ensuring all funds are equitably managed. The proposed change highlights the challenges exchanges face in balancing costs and competitive pricing in a crowded market.
Learn More📈Proposed Rule Change for Cboe's Opening Process for Options
The Cboe Exchange proposes to amend its opening process for simple orders in exclusively listed index option classes, aiming to improve trading efficiency by allowing certain options to open even without meeting the maximum composite width requirements. This change seeks to facilitate trading during volatile market conditions, enhancing market accessibility and liquidity.
Learn More⏳Cboe Exchange Proposes Rule Change on Timestamp Granularity
Cboe Exchange, Inc. has filed a proposed rule change to amend Rule 7.25 regarding timestamp granularity in compliance with the National Market System Plan. This rule aims to align with exemptive relief granted by the SEC, extending the exemption period to April 8, 2030, for certain timestamp reporting requirements. The rule change will impact how industry members handle timestamp data for reporting to the Central Repository.
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