Notice 17 Apr 2025 trading fee schedule, liquidity, securities exchange, finance, cboe edga, market quality

📈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