💰Cboe EDGX Proposes Fee Increase for 10 Gb Physical Ports
The Cboe EDGX Exchange has filed a proposed rule change with the SEC to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This adjustment follows a prolonged period of static fees and aims to ensure continued investment in technology and services, while remaining competitive relative to other exchanges. This change is currently open for public comment.
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📈NYSE Texas Proposes Enhanced Integrated Feed for Market Data
The NYSE Texas has filed a proposed rule change to enhance the Integrated Feed market data product by incorporating Auction Imbalance Information. This enhancement aims to provide real-time data that will assist market participants in making more informed trading decisions, ultimately promoting a more robust and competitive trading environment.
Learn More📈NYSE Texas Proposes New Order Imbalances Market Data Product
The NYSE Texas intends to introduce the Order Imbalances proprietary market data product, providing real-time order imbalance data prior to trading auctions. This new initiative aims to enhance market transparency and competition while facilitating better access to vital information for market participants.
Learn More📊SEC Proposed Collection for Broker-Dealers under Rule 17a-25
The SEC has proposed a collection of information pursuant to Rule 17a-25, requiring broker-dealers to submit electronic securities transaction data in standardized formats. Comments are invited regarding the necessity and effectiveness of this collection for regulatory functions. The notice includes details on annual requests and time estimates for compliance.
Learn More💼SEC Rule 6h-1 Compliance and Business Implications
The notice from the SEC outlines a request for approval to extend the information collection under Rule 6h-1, establishing necessary standards for trading security futures products. It emphasizes requirements to prevent price manipulation and coordinate trading halts between markets, thus ensuring fair trading practices. Compliance costs and procedures for comment submissions are also detailed.
Learn More💰Cboe Exchange Bitcoin Trust Options Trading Rule Change Notice
The SEC is reviewing a proposed rule change by Cboe Exchange to allow the listing and trading of options on the VanEck Bitcoin Trust. The proposal has undergone several amendments and will be evaluated by the SEC by July 2, 2025. This extension aims to ensure adequate consideration of the regulatory implications involved.
Learn More💰Cboe Proposes Changes to Market-Maker Fees and Fee Cap
The Cboe Exchange, Inc. has filed a proposed rule change to amend its fee schedule, specifically increasing fees for Market-Maker orders on the trading floor and raising the fee cap for Clearing Trading Permit Holders. This move aims to align fees with competitive market practices while addressing operational costs for market participants.
Learn More📈SEC Announces Extended Review of Osprey Bitcoin Trust Listing
The SEC has announced an extension for reviewing the proposed rule change to list and trade shares of the Osprey Bitcoin Trust, providing additional time for consideration of regulatory and market implications associated with cryptocurrency investment strategies. The decision will affect how businesses engage with commodity-based trust shares in the evolving financial landscape.
Learn More📈Overview of the Twenty-Fourth Amendment to the NMS Plan
The Securities and Exchange Commission has announced the immediate effectiveness of the Twenty-Fourth Amendment to the National Market System Plan, reflecting NYSE Chicago, Inc.'s name change to NYSE Texas, Inc. This non-substantive amendment is part of efforts to address extraordinary market volatility and maintain operational integrity among participants. Comments from the public are invited as part of the regulatory process.
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