💸Cboe Introduces Excessive Mass Cancel and Purge Fee for Market Makers
The Cboe Exchange proposes a new fee structure targeting excessive mass cancellation and purge activity among Market Makers trading SPXW options. This initiative aims to promote efficient use of exchange resources, deter disruptive trading behaviors, and ensure fair access to market systems. The planned fees are tiered based on activity levels, reflecting the goal of reducing strain on system capacity.
Learn More💻New Monthly Fee for Accessing MIAX Pearl Testing Systems
MIAX Pearl LLC has proposed a rule change to amend their fee schedule for accessing their testing systems environment. A new fee of $1,000 per month will apply for dedicated cross connections, while VPN access remains free. This change aims to enhance the testing experience for Members and non-Members, ensuring optimal system performance before live trading.
Learn More💰MIAX Emerald Proposes New Fees for Testing Systems Access
MIAX Emerald, LLC is proposing a rule change to implement a $1,000 monthly fee for market participants accessing its testing systems environment through a dedicated cross connection. This environment allows users to test upcoming software releases and firm-developed software, emulating the live trading conditions. Access via VPN remains free for all users, providing a choice based on individual needs.
Learn More🍄Proposed Rescind of National Organic Program for Mushrooms & Pet Food
AMS is proposing to rescind the rule and regulations issued on December 23, 2024, titled, "National Organic Program; Market Development for Mushrooms and Pet Food."
Learn More💸NYSE Texas Proposes Updates to Connectivity Fee Schedule
The Securities and Exchange Commission is considering a proposed rule change by NYSE Texas, which updates its connectivity fee schedule to third-party systems and data feeds. The amendments aim to enhance user options and clarity on fees, reflecting a shift in market dynamics and competitiveness among services.
Learn More💻NYSE American Proposes Changes to Connectivity Fee Schedule
The NYSE American has filed with the SEC to amend its Connectivity Fee Schedule, proposing TF Connections to the trading floors. This includes virtual control circuits and virtual routing services, enabling users to connect easily with exchange platforms while ensuring compliance with existing regulations. The fee structure remains unchanged, offering businesses various connectivity options.
Learn More🔗NYSE National Connectivity Fee Schedule Amendment
The SEC published a notice regarding NYSE National's proposed rule change to amend its Connectivity Fee Schedule. The change aims to incorporate virtual control circuit services for connections to trading floors, enhancing market access for users and detailing the fee structure involved.
Learn More📈NYSE Proposes Changes to Connectivity Fee Schedule for Trading Floors
The NYSE proposed a rule change to amend its Virtual Control Circuit service to include new connectivity options for trading floors. This change aims to enhance trading data transmission capabilities while maintaining existing fee structures, ensuring equal access to market participants. The proposal emphasizes non-discriminatory practices and regulatory compliance for seamless service integration.
Learn More💵ICE Clear Credit Launches Client Volume Incentive Program
The SEC has announced ICE Clear Credit's proposed rule change to modify its fee schedule, introducing a Client Volume Incentive Program. This program will provide automatic tiered discounts based on clients' annual billed fees, encouraging increased engagement with credit default swap clearing services. The initiative aims to enhance market participation while maintaining equitable fees among all clients.
Learn More💰Cboe BZX Exchange Proposes New Fees for Unitized Logical Ports
The Cboe BZX Exchange has proposed a rule change to establish fees for new Unitized Logical Ports on its equity options platform and introduce Average Daily Quote and Order fees. This aims to regulate market resource usage while providing businesses with enhanced connectivity options for trading activities.
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