Search Results for keywords:"Cboe C2 Exchange"

Found 15 results
Skip to main content

Search Results: keywords:"Cboe C2 Exchange"

  • Type:Notice
    Citation:89 FR 95846
    Reading Time:about 24 minutes

    The Cboe C2 Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to adopt new functionality for processing auction responses. Currently, auction responses can miss out on participating in auctions if there is high message traffic. The proposed change would allow the system to process auction responses for up to 100 milliseconds beyond the end of an auction period to ensure more responses have the chance to be included, which could lead to better pricing for investors. The SEC is seeking comments from the public on this proposed change.

    Simple Explanation

    The Cboe C2 Exchange wants to make sure that more bids or offers in special market events called auctions can get counted, even if there's a lot of traffic, by stretching the time slightly beyond when the auction officially ends. This might help people get better prices, but it might be a little tricky to understand how it affects smaller and bigger players differently.

  • Type:Notice
    Citation:90 FR 14300
    Reading Time:about 23 minutes

    The Cboe C2 Exchange, Inc. has proposed a change to increase the monthly fee for 10 Gb physical connection ports from $7,500 to $8,500. This change is intended to help maintain and enhance their market technology and services and is still competitively priced compared to other exchanges. The proposed fee adjustment is justified by inflation and significant technological upgrades made by the Exchange since the current fee was set in 2018, which has improved the speed and capacity of their services. The proposal is filed under the regulations of the Securities Exchange Act of 1934, and public comments are invited on this change.

    Simple Explanation

    Cboe C2 Exchange wants to raise the price for special internet plugs used by companies to trade fast on their system from $7,500 to $8,500 a month, which they say is due to upgrades and inflation, and they invite people to share their thoughts about this change.

  • Type:Notice
    Citation:89 FR 106681
    Reading Time:about 21 minutes

    The Cboe C2 Exchange, Inc. has submitted a proposal to increase fees for 10 gigabit (Gb) physical ports from $7,500 to $8,500 per month. This change is intended to help maintain and improve the Exchange's technology and services. The Exchange argues that the increase is justified due to inflation and significant investments made to enhance service quality. The new fee structure will apply uniformly to all users and allows them to access multiple affiliated exchanges without additional costs.

    Simple Explanation

    The Cboe C2 Exchange is raising the cost to use a special kind of internet plug from $7,500 to $8,500 each month to make sure their service stays good and fast. They say this is because things have gotten more expensive and they're spending more money to improve things, but how they will use the extra money isn't explained clearly.

  • Type:Notice
    Citation:90 FR 11768
    Reading Time:about 3 minutes

    Cboe C2 Exchange, Inc. has put forward a new rule, Rule 3.13, to formalize the current process for the voluntary termination of rights by Trading Permit Holders. Under this proposal, holders must inform the Exchange before a specific deadline if they wish to terminate their permits at the end of its term. The Securities and Exchange Commission (SEC) is inviting comments on this proposed rule change from the public, which can be submitted online or via mail by referring to file number SR-C2-2025-005. The SEC will consider public feedback before making a final decision.

    Simple Explanation

    Cboe C2 Exchange wants to make a new rule that explains how people who have special permits to trade can tell the Exchange they want to stop using their permits. The rule would make it clear how and when to let the Exchange know, and people can tell the government what they think about this new rule before it's decided.

  • Type:Notice
    Citation:86 FR 12052
    Reading Time:about 9 minutes

    Cboe C2 Exchange, Inc. applied for an exemption from certain rule filing requirements of the Securities Exchange Act, allowing them to incorporate rules from the Cboe Exchange, Inc. without filing separate changes. This would help maintain consistency between Cboe C2 rules and Cboe rules, ensuring that members trading on both exchanges follow the same standards. The Securities and Exchange Commission (SEC) granted this exemption, provided that Cboe C2 notifies its members about any changes to the Cboe rules. The SEC believes this approach will save time and resources and protect investors by avoiding conflicting regulations.

    Simple Explanation

    Cboe C2 Exchange asked if they could use rules from another exchange without having to make new ones, and the SEC said yes, as long as they tell their members about any changes. This way, both exchanges can use the same rules, making things easier and avoiding confusion.

  • Type:Notice
    Citation:90 FR 1556
    Reading Time:about 3 minutes

    Cboe C2 Exchange, Inc. has proposed a rule change to increase its monthly fee for Purge Ports, which will be effective on January 2, 2025. This proposal was filed with the Securities and Exchange Commission (SEC) and became immediately effective. The public is invited to submit comments on the change until January 29, 2025, using the SEC's form or email. The proposed change can be viewed on the websites of both the Exchange and the SEC.

    Simple Explanation

    Cboe C2 Exchange wants to charge a little more each month for something called Purge Ports, starting January 2, 2025, and people can share their thoughts about this change until the end of January. The change is already up and running, but the notice doesn't say why they want to charge more or how people's comments might make a difference.

  • Type:Notice
    Citation:86 FR 7426
    Reading Time:about 18 minutes

    Cboe C2 Exchange, Inc. has proposed a new rule change to modify its opening process for trading simple orders. The modification allows for a "forced opening" of trading, which means that if a certain time period passes and certain conditions aren't met, trading may still start if the option is already open on another exchange. This change aims to open trading more quickly and provide more trading opportunities for investors. The Securities and Exchange Commission (SEC) is seeking public comments on this proposed rule change, highlighting its aim to promote market fairness and increase liquidity.

    Simple Explanation

    Cboe C2 Exchange wants to make it easier and faster for people to start trading by allowing trades to begin even if all conditions aren’t perfect, as long as the option is open on another market. The goal is to make sure people have more chances to trade and make the market fairer, and the SEC wants to know what people think about this idea.

  • Type:Notice
    Citation:90 FR 7715
    Reading Time:about a minute or two

    The Cboe BZX Exchange, Inc., Cboe EDGX Exchange, Inc., Cboe Exchange, Inc., and Cboe C2 Exchange, Inc. filed a proposal with the Securities and Exchange Commission to introduce the Cboe Timestamping Service, which is a type of market data service. This proposal was filed on December 13, 2024, under the provisions of the Securities Exchange Act of 1934, and it became effective immediately upon filing. However, the exchanges decided to withdraw their proposed rule changes on January 10, 2025. This decision was recorded by Sherry R. Haywood, the Assistant Secretary, on behalf of the Commission.

    Simple Explanation

    The Cboe stock exchanges wanted to create a new service that tells when market activities happen, but they changed their minds and decided not to go forward with it. The decision was officially noted by the people in charge.

  • Type:Notice
    Citation:90 FR 11444
    Reading Time:about 3 minutes

    The Cboe C2 Exchange, Inc. has announced a proposed change to increase the monthly fee for a 10 Gb physical port, effective immediately as of February 14, 2025. This proposal was filed with the Securities and Exchange Commission (SEC) which is now inviting public comments on this change until March 27, 2025. The documents related to this proposal are available on both the Exchange's and SEC's websites. The public is encouraged to share their views on whether the proposed rule change aligns with the Securities Exchange Act of 1934.

    Simple Explanation

    A company called Cboe C2 Exchange wants to charge more money each month for using a special computer connection called a "10 Gb physical port." They have told a big group of rule keepers about this change and want people to say what they think about it by March 27, 2025.

  • Type:Notice
    Citation:86 FR 10142
    Reading Time:about 18 minutes

    Cboe C2 Exchange, Inc. has proposed changes to its Fees Schedule, which the Securities and Exchange Commission (SEC) is considering. The changes aim to adjust various transaction fees and rebates for trades involving AAPL, QQQ, IWM, and SLV. These modifications are designed to make transactions more competitive and encourage liquidity by offering different fees and incentives compared to other exchanges. The SEC is inviting public comments on the proposed changes to ensure they align with market regulations and investor interests.

    Simple Explanation

    Cboe C2 Exchange wants to change the prices people pay for certain trades to make them more attractive and competitive, and the SEC is asking for opinions on this plan to ensure it is fair and follows the rules.

123 Next