📈Nasdaq Proposes Rule Change on Transaction Credits for 2025
The Securities and Exchange Commission published a notice regarding Nasdaq's proposed rule change to amend transaction credits at Equity 7, Section 118(a). The change aims to clarify the implementation of the M-ELO Supplemental Credit B, aligning it with original intentions. The proposal seeks to enhance competitive practices without imposing undue burdens on market participants.
Learn More📈LTSE Proposes Changes to Fee Schedule Affecting Trading Costs
The Long-Term Stock Exchange has filed a proposed rule change to amend its fee schedule, lowering rebates for adding displayed liquidity and take fees for removing non-displayed liquidity. This aims to enhance market interaction and improve overall execution options for members while maintaining competitiveness in a fragmented market.
Learn More📈Nasdaq ISE Proposes Amendments to Options Pricing Structure
The Securities and Exchange Commission has published a notice concerning Nasdaq ISE's proposed rule change to amend fees for Nasdaq 100 Index options. The amendment introduces a surcharge aimed at encouraging more liquidity among Non-Priority Customers while maintaining unchanged fees for Priority Customers, reflecting a broader effort to enhance trading efficiency.
Learn More📈IEX Proposes Changes to Fee Schedule for Liquidity Rebates
The Investors Exchange (IEX) has proposed a rule change to amend its fee schedule, introducing alternative criteria for qualifying for its Displayed Liquidity Adding Rebate Tier 6. This adjustment aims to enhance competitiveness and encourage order flow to the exchange, benefiting market participants without changing existing rebate amounts.
Learn More💵NYSE Arca Proposes Changes to Equities Fees and Charges
The NYSE Arca proposes amendments to its Equities Fees and Charges, specifically for Primary Only Orders routed to NYSE Texas. This change aims to standardize fees in response to a competitive market and aligns with the operational costs incurred by the Exchange. The amendments are intended to enhance the Exchange's competitive position in trading.
Learn More📉BOX Exchange Proposes New Trading Fee Incentives for Public Orders
The SEC has accepted a proposed rule change from BOX Exchange to amend its fee schedule, introducing incentives for public customer auction and non-auction transactions. This change aims to enhance trading liquidity and provide participants with methods to qualify for lower fees and rebates based on national customer transaction volumes, thereby encouraging increased participation in the BOX Options Market.
Learn More💰Cboe BZX Exchange Announces Fee Changes for Dedicated Cores
The Cboe BZX Exchange has filed a proposal to amend its fee schedule, introducing charges for Dedicated Cores while offering up to two cores at no additional cost. This move aims to enhance performance and manage resource allocation effectively, impacting various market participants based on their needs and usage volumes.
Learn More📈MIAX Pearl Equities Announces Changes to Port Fee Structure
MIAX Pearl Equities is implementing a significant amendment to its fee schedule by removing the tiered pricing structure for trading ports. All types of FIX, MEO, and FXD ports will now incur a uniform monthly fee of $450. This change aims to align their fees with industry standards and enhance clarity in the trading environment.
Learn More💰New MIAX Sapphire Fees for Accessing Testing Systems Environment
MIAX Sapphire proposes an amendment to its fee schedule to establish a monthly fee for market participants accessing its testing systems environment via a dedicated cross connection. The change addresses differing access methods, showing that a VPN remains free while introducing a new cost option for enhanced access. All users will maintain functional parity in testing capabilities regardless of the access method chosen.
Learn More💵NYSE Arca Proposes New Fees for Midpoint Ping Routing Strategy
The NYSE Arca has filed a proposed rule change with the SEC to amend its Equities Fees and Charges by introducing fees for orders routed via the Midpoint Ping routing strategy. This change aims to enhance access to midpoint liquidity across trading venues and reflects the competitive dynamics in the marketplace. The implementation of these fees is expected to affect trading practices among market participants.
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