Notice 27 May 2025 miami international securities exchange, market data fees, user fees, market participants, trading, financial regulation, proprietary data

📈Proposed Changes to MIAX Fee Schedule for Market Data Feeds

The Securities and Exchange Commission publishes a notice regarding the Miami International Securities Exchange's proposal to amend its fee schedule for proprietary market data feeds. This includes adopting new user and non-display usage fees, aimed at harmonizing with affiliated exchanges and enhancing transparency in market data pricing. The proposed changes will impact both internal and external distributors of the data feeds.

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Notice 27 May 2025 securities, fees, trading, miami, financial services, market data

📈MIAX Pearl Market Data Fee Schedule Amendments Overview

The Securities and Exchange Commission published a notice for MIAX Pearl's proposed rule change to amend its market data fee schedule. The changes include new fee categories such as user and non-display usage fees for proprietary market data feeds, impacting subscription and operational costs for traders and firms relying on this data.

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Notice 27 May 2025 regulation, securities, technology, fees, trading, cboe, exchange

💰Cboe BYX Exchange Updates Fee Schedule for Dedicated Cores

The Cboe BYX Exchange has proposed changes to its fee schedule, introducing monthly fees for Dedicated Cores to enhance trading performance. Users can initially access two Dedicated Cores at no cost, with tiered fees for additional cores based on usage. The proposal aims to manage resources while providing users with options for improving latency and trading efficiency.

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Notice 27 May 2025 securities and exchange commission, market access, trading, financial services, cboe, connectivity fees

💻Cboe Proposes Increase in 10 Gb Physical Port Monthly Fees

The Securities and Exchange Commission announced a proposed rule change by Cboe C2 Exchange to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. The adjustment aims to better align fees with inflation and maintain service quality, while also remaining competitive compared to other exchanges.

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Notice 27 May 2025 sec, market transparency, regulations, trading, compliance, finra

📈SEC Notice on FINRA Rule 6152

The SEC has announced an extended review period for FINRA's proposed Rule 6152, which mandates publishing order execution information for NMS stocks. This rule aims to enhance market transparency, requiring members to submit execution reports for public access on the FINRA website.

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Notice 27 May 2025 regulation, securities, nyse, fees, trading, financial services, compliance

💰NYSE National Proposes Fee Change for Retail Price Improvement Strategy

NYSE National has filed a proposed rule change to amend its fee schedule, introducing a zero-fee structure for orders routed under the Retail Price Improvement Seeking strategy. This aims to enhance access to liquidity for retail orders by providing competitive pricing options, encouraging participation in the exchange's retail liquidity program.

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Notice 23 May 2025 exchanges, regulation, trading, compliance, securities

📈SEC Proposal

The SEC announces the Fifty-Third Amendment to the UTP Plan, updating the name of NYSE Chicago, Inc. to NYSE Texas, Inc., and making minor adjustments to the names and addresses of other exchanges. The amendment is classified as a “Ministerial Amendment,” allowing for immediate filing and effectiveness without extensive changes to regulations or competition.

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Notice 23 May 2025 exchanges, securities exchange, finance, trading, sec, regulatory compliance

🏛️SEC Notice on Consolidated Tape Association Amendment Filing

The SEC has published a notice regarding the immediate effectiveness of amendments to the Consolidated Tape Association and Consolidated Quotation Plans. These amendments primarily involve name changes for certain exchanges and aim to streamline regulatory compliance. Interested parties are invited to comment on the proposed changes, which reflect administrative updates essential for accurate market representation.

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Notice 23 May 2025 regulation, etf, investment, cboe, trading, sec, cryptocurrency

📈Cboe BZX Exchange Proposal for Bitwise Solana ETF Trading

The Securities and Exchange Commission is evaluating a proposed rule change by Cboe BZX Exchange to list and trade shares of the Bitwise Solana ETF. This proposed listing seeks to track the performance of Solana, a digital asset, and is currently open for public comment, raising various regulatory and market integrity concerns.

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Notice 22 May 2025 cboe, trading, fee schedule, regulatory compliance, discount, financial data

💵Cboe BZX Announces 20% Discount on Historical Data Fees

The Cboe BZX Exchange proposes a temporary 20% discount on fees for historical Open-Close Data for purchases exceeding $20,000. This discount aims to incentivize increased usage among market participants, enhancing trading strategies without mandatory data purchase. The program is set to run from April to June 2025.

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