Search Results for keywords:"fee changes"

Found 3 results

Search Results: keywords:"fee changes"

💰 Only
Oldest Newest
  • 2025-01296 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Amend Fees for the Cboe Legacy Silexx Platform Versions
    Type:Notice
    Citation:90 FR 7200
    Reading Time:about 3 minutes

    Cboe Exchange, Inc. has proposed a rule change to modify the fees for its Cboe Legacy Silexx platform versions. This proposal was filed with the Securities and Exchange Commission (SEC) on January 2, 2025, and has been approved to take immediate effect. The SEC is inviting the public to submit their comments on this proposal by providing feedback through their website or by emailing them. The goal of the feedback process is to ensure the proposed rule change aligns with the Securities Exchange Act of 1934.

    Simple Explanation

    Cboe Exchange wants to change some costs for using their special computer system, and they told the people in charge about it, who said it’s okay for now. They are asking everyone what they think about these changes to make sure it plays fair, but they didn't say how much things will really cost or what this means for everyone.

  • 2025-01545 — Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE American LLC; NYSE Arca, Inc.; NYSE Chicago, Inc.; NYSE National, Inc.; Notice of Withdrawal of Proposed Rule Change To Amend the Connectivity Fee Schedule
    Type:Notice
    Citation:90 FR 8064
    Reading Time:about a minute or two

    On December 17, 2024, the New York Stock Exchange LLC and several related exchanges proposed a rule to the Securities and Exchange Commission to change their connectivity fee schedules. This involved adding fees for connections from the Mahwah Data Center to trading floors. However, by December 31, 2024, the exchanges decided to withdraw these proposed changes. The proposed changes had been briefly open for public comment as part of the regulatory review process.

    Simple Explanation

    The New York Stock Exchange and some related exchanges wanted to change how much they charge for certain connections, but they decided not to make these changes right before the new year. They didn't say why they changed their mind, but it was something they thought about for a little bit.

  • 2024-29633 — Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Certain Fees Based on the Rate of Inflation
    💰
    Type:Notice
    Citation:89 FR 102207
    Reading Time:about 16 minutes

    Nasdaq BX, Inc. has proposed a rule change to adjust certain exchange fees based on inflation rates. These fee adjustments, which took effect upon proposal and will become fully operative by January 1, 2025, aim to restore the real value of fees that have remained static over time, eroding in purchasing power due to inflation. The changes will occur in three phases over three years, affecting specific market data products but not all fee categories. The adjustments are calculated using the Data Processing Producer Price Index (PPI) and aim to support the Exchange's ongoing investments in its data products and services.

    Simple Explanation

    Nasdaq BX wants to change some of their fees, making them a bit higher to keep up with how things get more expensive over time (like when candy costs more than it used to). They're using a special way to decide how much to change the fees, but not everyone is sure if this is the best way.