Search Results for keywords:"Trading Efficiency"

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Search Results: keywords:"Trading Efficiency"

  • Type:Notice
    Citation:90 FR 13638
    Reading Time:about 26 minutes

    Cboe BYX Exchange, Inc. is proposing a new rule to amend its fee schedule by introducing fees for the use of "Dedicated Cores," which provide enhanced processing power by dedicating a CPU core to a single user rather than sharing it with others. Users can receive up to two Dedicated Cores at no extra cost, but additional cores will incur fees ranging from $650 to $1,050 based on the number used. The Exchange believes these changes would improve trading efficiency and performance while remaining optional and flexible for users. The new rule is designed to ensure fair access to these resources while managing limited data center space.

    Simple Explanation

    Cboe BYX Exchange wants to charge users money if they need extra "computer brain power" to trade, but lets them use a bit for free so everyone can still play fairly.

  • Type:Notice
    Citation:90 FR 12602
    Reading Time:about 19 minutes

    The Cboe BZX Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend rules concerning two investment products: the Invesco Galaxy Bitcoin ETF and the Invesco Galaxy Ethereum ETF. The proposal aims to allow these ETFs to process creations and redemptions both in cash and in-kind. This change is intended to improve the efficiency of trading by allowing participants to use actual cryptocurrencies like bitcoin or ether instead of cash alone, potentially streamlining transactions and reducing market impacts. The SEC is inviting public comments on this proposal until April 8, 2025.

    Simple Explanation

    The Cboe BZX Exchange wants to change some rules so that certain funds can be bought and sold using real bitcoin or ether instead of just money, hoping to make trading easier. They're asking people to share their thoughts on this plan by April 8, 2025.