Notice 27 Aug 2025 sec, securities, regulatory change, trading fees, nasdaq, options trading, gemx, market makers

📉GEMX Proposes Changes to Maker Rebates and Taker Fees

The Securities and Exchange Commission has published a notice regarding a proposed rule change by Nasdaq GEMX to amend pricing schedules for options trading. The amendment includes adjustments to Maker Rebates for Market Makers and changes to Taker Fees for Priority Customers, aimed at incentivizing order flow and maintaining competitive market dynamics.

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Notice 26 Aug 2025 market data, trading fees, options trading, securities regulation, cboe bzx, intraday data

📈Proposed Fees for One-Minute Intraday Open-Close Report by Cboe BZX

The Cboe BZX Exchange has proposed adopting fees for its new One-Minute Intraday Open-Close Report, with subscription options for firms and educational discounts for academic institutions. This change aims to enhance the data services provided to various market participants, reflecting an evolving landscape in market data access and fees.

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Notice 19 Aug 2025 sec, trading fees, nasdaq, liquidity, options market, market makers

📈Proposed Rule Change on Nasdaq Options Market Fees and Rebates

The SEC publishes a notice regarding Nasdaq's proposed rule changes to amend fees and rebates for the Nasdaq Options Market. Key changes include adjustments to NOM Market Maker fee structures, aiming to incentivize liquidity addition in Non-Penny Symbols. The proposal seeks to enhance competition and promote market efficiency among participants.

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Notice 14 Aug 2025 trading fees, securities regulation, liquidity incentives, cboe edgx, equity market

📈Proposed Changes to Cboe EDGX Fee Schedule Impacting Trading

The proposed rule change by Cboe EDGX Exchange aims to amend fees by modifying Add Volume Tier 8 criteria and decreasing the associated rebate. These changes reflect market competitiveness and are designed to encourage order flow to the exchange, which could enhance market liquidity and execution quality. The revised structure impacts trading strategies and rebate generation for members.

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Notice 12 Aug 2025 compliance, cboe bzx, unitized logical ports, market strategy, trading fees

💰New Fees for Cboe BZX Unitized Ports and ADO/ADQ Impact

Cboe BZX Exchange proposes new fees for its Unitized Logical Ports and introduces Average Daily Order and Average Daily Quote fees. These changes aim to enhance trading efficiency while managing network capacity, affecting the operational strategies of market participants and their cost structures.

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Notice 11 Aug 2025 equities, financial regulation, trading fees, sec, market structure

📉MIAX Pearl Fee Schedule Changes Effective August 2025

The Securities and Exchange Commission has announced a modification to the MIAX Pearl Equities Fee Schedule, focusing on amendments to rebate structures for executions of orders in securities priced at or above $1.00 per share. The changes aim to enhance competitive positioning while ensuring the clarity and consistency of associated liquidity indicator codes.

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Notice 4 Aug 2025 securities, trading fees, cboe, market access, financial regulation

💹Cboe BZX Exchange Updates Fees for 10 Gb Physical Ports

The Securities and Exchange Commission has published a notice regarding Cboe BZX Exchange's proposed rule change to amend its fee schedule. This change will raise the monthly fee for 10 Gb physical port connections from $7,500 to $8,500. The regulation aims to support improvements in market technology and services while remaining competitive with similar exchanges.

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Notice 25 Jul 2025 securities, trading fees, ltse, market quality, liquidity incentive program

💰LTSE's Liquidity Incentive Program

The LTSE has proposed a Liquidity Incentive Program aimed at enhancing market quality and liquidity through new incentives for market participants. The program proposes to amend the fee schedule and reward members for quoting at the national best bid and offer. By strategically encouraging liquidity in both LIP Enhanced and LIP Standard Securities, it aims to improve trading conditions across the exchange.

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Notice 23 Jul 2025 finance, securities, trading fees, cboe bzx, market structure, exchange regulations

💹Cboe BZX Exchange Fee Schedule Changes and Implications for Businesses

The Cboe BZX Exchange announces a proposed amendment to its fee schedule, adjusting volume tiers and rebates in response to competitive market dynamics. The changes include revising criteria for Add Volume Tiers and introducing an Ex-Subdollar ADAV calculation to enhance liquidity incentives, ultimately promoting increased market participation and trading volume.

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Notice 22 Jul 2025 trading fees, financial services, miami, options exchange, data products

📊MIAX Emerald Extends Discount Program for Open-Close Report Data

The SEC announces MIAX Emerald's proposal to extend a 20% discount program for its Open-Close Report data until December 2025. This initiative aims to enhance accessibility and attract subscribers to historical trading data, which is vital for analyzing market trends and making informed trading decisions. The program targets both members and non-members of the exchange.

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