Search Results for keywords:"NYSE Chicago"

The NYSE Chicago is proposing changes to its Fee Schedule involving fees and credits for single-sided orders. Previously, there was a $0.0010 fee per share for both removing and providing liquidity. The new plan proposes changing the fee for removing liquidity to $0.0030 per share, while offering credits of $0.0029 and $0.0014 per share for orders that add displayed and non-displayed liquidity, respectively. These changes aim to encourage more participants to contribute liquidity, enhancing trading activities and benefiting all market participants. The Securities and Exchange Commission is accepting comments on this proposed rule change.

The Securities and Exchange Commission (SEC) has published a notice about proposed changes to the NYSE Chicago, Inc. rules to allow listing and trading of certain Exchange-Traded Products (ETPs). These changes align NYSE Chicago rules with those of NYSE Arca, aiming for consistency and facilitating competition in ETP listings. The new rules are designed to enhance transparency and clarity in exchange rules while ensuring comprehensive oversight through existing surveillance measures. Interested parties are invited to submit their comments on these proposals to the SEC.

The NYSE Chicago, Inc. has proposed a rule change to its Connectivity Fee Schedule, aiming to enhance competition by adding new connectivity options to several trading floors, including the New York Stock Exchange. This change introduces new types of connections called TF Connections, which offer users dedicated bandwidth between their data center in Mahwah, New Jersey, and the trading floors. The NYSE Chicago argues that these new options will provide more choices without any unfair advantage or discrimination against telecom companies that also provide similar services. The rule change is open for public comments before a final decision is made by the Securities and Exchange Commission.

The Securities and Exchange Commission (SEC) published a notice regarding a proposed rule change by NYSE Chicago, Inc. The Exchange proposes new procedures for allocating power and cabinets to co-located users due to high demand, partly driven by COVID-19-related market volatility. The proposal includes detailed rules for purchasing limits and waitlists, applicable when power or cabinet availability falls below certain thresholds. The changes aim to ensure a fair distribution of resources among users while maintaining an equitable system consistent with existing procedures.

The Securities and Exchange Commission has announced that the NYSE Chicago, Inc. filed a proposed change to its rules on December 3, 2024. This change aims to clarify how a broker-dealer can become or stay a member of the Exchange even if they have a statutory disqualification. The proposed amendments align NYSE Chicago's rules with those of other exchanges and SEC regulations, focusing on maintaining fairness and investor protection while allowing organizations time to seek resolution for disqualifications. The change will become effective without a 30-day waiting period, as the SEC considers it necessary for an ongoing urgent situation involving a firm currently seeking relief from such a disqualification.

The Securities and Exchange Commission published a notice regarding a proposed rule change filed by NYSE Chicago, Inc. on March 3, 2025. This change involves increasing the fees for ports used by the exchange. The proposal has been made effective immediately, and the Commission is inviting public comments on whether this change aligns with the Securities Exchange Act of 1934. Comments can be submitted through the Commission's website or by mail and must include the file number SR-NYSECHX-2025-02.

NYSE Chicago, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to update its fee schedule. The change will establish a fee called CAT Fee 2025-1, which industry members must pay for 2025. This fee will be used to cover some costs of the Consolidated Audit Trail system, with the rate set at $0.000022 per executed equivalent share. The new fee structure, intended to be effective for six months starting in January 2025, replaces a previous fee and aims to cover half of the planned 2025 audit trail expenses.

The NYSE Chicago has proposed a rule change to amend its Fee Schedule related to co-location services by introducing two new Partial Cabinet Solution (PCS) bundles, known as Options E and F. These bundles offer upgraded 40 Gb connections, catering to customers with minimal power and space requirements, at the same initial charge as existing options but with higher monthly fees. Customers who subscribe to these options before the end of 2021 will receive a 50% discount on monthly charges for the first year. The changes are aimed at increasing competitiveness by expanding available choices for users.