Search Results for keywords:"Cboe EDGA Exchange"

Found 11 results
Skip to main content

Search Results: keywords:"Cboe EDGA Exchange"

  • Type:Notice
    Citation:90 FR 13910
    Reading Time:about 23 minutes

    The Securities and Exchange Commission published a notice about a proposed rule change by the Cboe EDGA Exchange to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. The exchange believes the increase is reasonable due to inflation since 2018, investments made to enhance technology, and because the new fee is still competitive compared to other exchanges. The proposed rule change is aimed at maintaining and improving the exchange's services and infrastructure. Feedback from the public is invited, and all comments will be reviewed by the Commission.

    Simple Explanation

    The document talks about a plan from a company that runs a stock exchange to make one of its special internet connections a little more expensive each month, going from $7,500 to $8,500. They say this is because prices have gone up since 2018, they've made their technology better, and this new price is still a good deal compared to what other places charge.

  • Type:Notice
    Citation:90 FR 700
    Reading Time:about 3 minutes

    The Securities and Exchange Commission has received a proposed rule change filing from Cboe EDGA Exchange, Inc. The proposal, submitted on December 20, 2024, suggests updating the fee schedule associated with the "Consolidated Audit Trail Funding Fees" to a rate of $0.000022 per executed equivalent share. Interested parties are encouraged to submit their comments through the SEC's online platform or by mail, with all submissions due by January 27, 2025. The proposal is under the immediate effectiveness category pursuant to certain sections of the Securities Exchange Act of 1934.

    Simple Explanation

    The SEC is looking at a new rule from the Cboe EDGA Exchange to change a small fee to $0.000022 for every share traded to help fund a project that keeps track of all trading activity, and they want people to say what they think about it by January 27, 2025.

  • Type:Notice
    Citation:89 FR 106692
    Reading Time:about 23 minutes

    Cboe EDGA Exchange, Inc. has proposed a new rule to update its fee schedule by introducing fee waivers for new Uncontrolled External Distributors of specific market data feeds. The Exchange aims to encourage the adoption of these data feeds by waiving certain distribution and data consolidation fees until these distributors find users for their services. This initiative is designed to help these distributors manage initial development costs and broaden the distribution of Cboe's market data products, promoting fair competition and enhancing access to real-time trading information. The Securities and Exchange Commission is seeking public comments on this proposal.

    Simple Explanation

    Cboe EDGA Exchange wants to let new helpers who share special market information for trading use it for free at first, so it's easier for them to start and find people who want this information. This is like giving these helpers a head start by not charging them money right away, which helps them share more and makes trading information easier to get.

  • Type:Notice
    Citation:86 FR 7324
    Reading Time:about 14 minutes

    The Cboe EDGA Exchange, Inc. has proposed a new rule to amend its fee schedule, introducing a monthly fee for members using more than one Market Participant Identifier (MPID). Each member's first MPID remains free, while additional ones will incur a $150 monthly charge. This measure is intended to incentivize efficient use of MPIDs, as well as cover administrative costs associated with managing them. The proposed fee is lower than a similar fee charged by the Nasdaq Stock Market, encouraging competition among exchanges.

    Simple Explanation

    The Cboe EDGA Exchange wants to start charging a fee when companies use more than one special ID number, called an MPID, on their platform. The first number is free, but any extra numbers will cost $150 each month, to help with managing them and to be fair with other market places.

  • Type:Notice
    Citation:89 FR 106671
    Reading Time:about 20 minutes

    Cboe EDGA Exchange, Inc. proposed a rule change to increase the monthly fee for a 10-gigabit physical port from $7,500 to $8,500. This change is intended to help maintain and improve the exchange's market technology, and it aligns with fees charged by other exchanges. The exchange also highlighted its significant investments in upgrading its systems and accommodating new data centers as a reason for the fee increase, which they believe is reasonable given the inflation and enhancements in service quality. The Securities and Exchange Commission is seeking public comments on this proposal.

    Simple Explanation

    The Cboe EDGA Exchange wants to make it cost more to connect to their system, like charging $8.5 instead of $7.5 to use a special fast cable. They say it's to keep everything working nicely and because they have spent money to make things better, but some people think they should explain more about why they need this extra dollar.

  • Type:Notice
    Citation:86 FR 8061
    Reading Time:about 30 minutes

    The Securities and Exchange Commission (SEC) has published a notice about a proposed rule change by Cboe EDGA Exchange, Inc., intended to align their compliance rule regarding the Consolidated Audit Trail (CAT) with an exemption granted by the SEC. This rule change focuses on the reporting of allocation processes, where brokers perform allocations to client accounts, and the conditions under which certain brokers are exempt from this requirement. The new rules aim to reduce the reporting burden on brokers and streamline the process by making sure only brokers who have sufficient information report these allocations. Additionally, the exchange plans to add more details to allocation reports, like trade and settlement dates, to ensure comprehensive reporting that aids in regulatory oversight.

    Simple Explanation

    Cboe EDGA Exchange wants to change some of their rules to match a special rule from people who make sure trading is fair (like the SEC). They're trying to make it easier for people who help trade stocks to do less paperwork, but still keep everyone informed about what's happening with trades.

  • Type:Notice
    Citation:89 FR 99940
    Reading Time:about 22 minutes

    Cboe EDGA Exchange, Inc. has made a proposal to update its Fees Schedule by introducing charges for the use of "Dedicated Cores," which offer improved performance over shared resources. The proposal offers two Dedicated Cores at no cost, while additional cores are subject to fees based on a tiered system with rising costs for more cores used. This change is optional, allowing users to determine if the benefits of dedicated resources outweigh the costs. The proposal aims to manage limited resources fairly and ensure equitable pricing among users who choose to utilize Dedicated Cores.

    Simple Explanation

    The Cboe EDGA Exchange wants to change how they charge people for using special computer parts called "Dedicated Cores" that help things run faster, like when a game doesn't lag because it's running smoothly. These special parts can cost more money if you need a lot of them, and some people think it's not fair because it might cost small companies more without giving them really big benefits.

  • Type:Notice
    Citation:90 FR 9983
    Reading Time:about 3 minutes

    Cboe EDGA Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to amend its Fee Schedule by adjusting the rates related to adding and removing liquidity for securities priced below $1.00. This proposal was submitted on February 3, 2025, and has been designated for immediate effectiveness. The Commission is inviting public comments on the proposal until March 13, 2025, and all submissions will be available on its website.

    Simple Explanation

    Cboe EDGA Exchange wants to change how much it costs to buy or sell really cheap stocks, but they didn't say how much or why. They're asking people what they think about this until March 13, 2025.

  • Type:Notice
    Citation:90 FR 13800
    Reading Time:about 25 minutes

    Cboe EDGA Exchange, Inc. has proposed a change to its fee schedule to introduce charges for the use of Dedicated Cores, which are CPU cores dedicated to specific users, providing reduced latency and improved performance. The new fee structure allows users up to two free Dedicated Cores, with additional fees for more: $650 per core for 3-10 cores, $850 per core for 11-15 cores, and $1,050 per core for 16 or more cores. This proposal aims to balance demand with physical space limitations in their data centers, and it remains an optional service for users. The Securities and Exchange Commission invites public comments on this rule change.

    Simple Explanation

    Cboe EDGA Exchange wants to charge money when people use more than two special computer parts called "Dedicated Cores," which help make things run super fast. They give two for free, but more cost extra, and they want to see what people think about this plan.

  • Type:Notice
    Citation:90 FR 16356
    Reading Time:about 17 minutes

    Cboe EDGA Exchange, Inc. is updating its Fee Schedule by launching a program called the NBBO Setter Program under the new fee code SS. This program aims to improve trading conditions for less frequently traded securities by offering rebates to participants who lead in setting competitive prices. It allows members to potentially earn higher rebates without any volume requirements, thereby encouraging more liquidity and trading activity. The program is designed to benefit the market by making it more competitive and transparent, and is open to all participants on the exchange.

    Simple Explanation

    Cboe EDGA Exchange, Inc. wants to encourage people to set better prices for some stocks by giving them a little extra money, like a reward, for doing so, which helps make trading fairer and more fun for everyone. They're starting a new program called the NBBO Setter Program to make this happen without needing anyone to trade a certain amount first.

123 Next