Search Results for keywords:"10 Gb physical ports fee increase"

Found 2 results
Skip to main content

Search Results: keywords:"10 Gb physical ports fee increase"

  • Type:Notice
    Citation:90 FR 11447
    Reading Time:about 3 minutes

    The Cboe EDGX Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to increase the monthly fee for 10 Gb physical ports. This proposal was filed on February 14, 2025, and is intended to be effective immediately. The SEC invites public comments on whether this change aligns with the Securities Exchange Act, and comments must be submitted by March 27, 2025. The full details of the proposed rule change can be accessed on both the SEC and the Exchange's websites.

    Simple Explanation

    The Cboe EDGX Exchange wants to make it cost more every month to use a fast internet connection that helps people trade stocks. They told the SEC about this change and want to start it right away, and people can tell the SEC if they think it's a good idea or not.

  • Type:Notice
    Citation:90 FR 13902
    Reading Time:about 23 minutes

    The Securities and Exchange Commission has announced that the Cboe BZX Exchange, Inc. plans to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This change aims to help the exchange maintain and update its technology while keeping its fees competitive compared to other exchanges. The exchange has noted that this increase accounts for inflation and is consistent with improvements made in their services. Public comments are invited on this proposed rule change.

    Simple Explanation

    The SEC says that a place where people trade stocks, called Cboe BZX Exchange, is going to ask for $1,000 more each month for a special connection that helps them trade faster, to pay for better technology. They want to make sure their fees are fair compared to others and want people to tell them what they think about this.