💰Cboe BZX Exchange Proposes New Fees for Trading Ports
The Cboe BZX Exchange has submitted a notice regarding the implementation of new fees for Unitized Logical Ports associated with its equity options platform. These changes include fees for Average Daily Quotes and Average Daily Orders, aimed at managing exchange resources while providing members with enhanced connectivity options. Members can choose to utilize these ports on an optional basis, aligning their costs with their trading needs.
Learn More📦Proposed Revisions to Market Dominant Product Rate Regulations
The notice of proposed rulemaking proposes revisions to the system for regulating rates and classes for Market Dominant products (ratemaking system). In Order No. 8891, the Commission determined that the ratemaking system was not achieving the statutory objectives. Two proposed revisions address concerns: restricting rate adjustments to once per fiscal year from 2025 to 2030 and ensuring workshare discounts align with avoided costs to enhance efficiency by closing a regulatory gap allowing excessive passthrough reductions. These proposals aim to enhance predictability, reduce administrative burden, and maximize efficiency and cost reduction, ensuring a ratemaking system that better fulfills the statutory objectives. This document informs the public of the filing, invites public comment, and takes other administrative steps.
Learn More💰NYSE Texas Fee Schedule Amendment for Exchange Traded Products
The NYSE Texas has proposed amendments to its Fee Schedule to introduce listing and annual fees for Exchange Traded Products (ETPs) and Structured Products. The changes aim to enhance competitiveness by aligning with fees from NYSE Arca and encouraging issuers to list products on the Exchange, thereby improving market conditions for investors.
Learn More💵Cboe Legacy Silexx Platform Fee Increase
The Cboe Exchange has proposed a fee increase for specific Legacy Silexx platform versions. As the exchange transitions to newer platforms, the proposed fee changes aim to manage operational costs and encourage users to migrate. The details of the fee structure and implications for users are outlined, inviting comments from stakeholders.
Learn More💰Cboe BZX Proposes New Fees for Closed-End Funds Listings
Cboe BZX Exchange has submitted a proposed rule change to amend listing fees for Closed-End Funds, establishing entry fees of $10,000 and annual fees of $12,500. The proposal aims to create a competitive pricing structure that could attract more issuers by significantly lowering costs compared to existing fees. The Exchange believes these changes will enhance competition among listing venues.
Learn More💵MIAX Pearl Proposes Amendments to Equities Fee Schedule
MIAX Pearl, LLC, has announced a proposed rule change to amend its equities trading fee schedule, eliminating free port offerings for FIX, MEO, and FXD ports. All ports will now incur a standard monthly fee of $450, aligning with industry standards to enhance market competitiveness. The Exchange emphasizes transparency by removing outdated terminology and fees without waiver periods, aiming to clarify the pricing structure for Equity Members.
Learn More📈Cboe BZX Exchange Fee Schedule Amendments Overview
The Cboe BZX Exchange has proposed changes to its fee schedule, including updates to Add Volume Tiers and the introduction of a new Cross Asset Tier. These modifications aim to adjust rebate structures and criteria, fostering enhanced liquidity and order flow, and encouraging greater participation across exchange platforms.
Learn More📊Proposed Fee Changes for MIAX Emerald Market Data Feeds
MIAX Emerald LLC seeks to amend its Fee Schedule, introducing new fee categories for its proprietary market data feeds, including a structure for per User and Non-Display Usage fees. This change aims to enhance transparency and reduce administrative burdens for subscribers while aligning with similar fees at other exchanges.
Learn More📈Cboe BZX Proposes Fee Increase for 10 Gb Physical Ports
The Cboe BZX Exchange has filed a notice proposing an increase in monthly fees for 10 Gb physical ports, citing the need to sustain and improve market technology and services. The proposed change aims to align fees with similar offerings from competitor exchanges while addressing historical inflation trends affecting operational costs.
Learn More💰Cboe's Fee Amendment for Legacy Silexx Platform Affects Businesses
The Cboe Exchange, Inc. proposes an amendment to fees related to the Legacy Silexx platform, dramatically increasing certain costs while extending the fee waiver period during the transition to its updated platform. The change aims to incentivize users to migrate to newer versions while maintaining compliance with regulatory requirements.
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