Search Results for keywords:"Cboe EDGX Exchange"

The Securities and Exchange Commission (SEC) has received a proposal from Cboe EDGX Exchange, Inc. to change its rules. This change would allow the exchange to list and trade options on the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. The proposal outlines the procedures, position limits, and surveillance measures Cboe EDGX will implement to ensure fair and orderly trading of these options. The SEC is inviting public comments on the proposal, and it will become effective unless the SEC suspends it for further review.

The Cboe EDGX Exchange, Inc. has proposed a rule change to amend its fee schedule by introducing a new fee structure for the use of Dedicated Cores, which are CPU resources reserved for single-user order processing. Initially, users can access up to two Dedicated Cores at no extra cost, but fees apply for additional cores, with prices increasing as more cores are used. This system is designed to offer enhanced performance through reduced latency and improved throughput, but its use is entirely optional. The changes are intended to be equitable, ensuring all users have access to similar opportunities without unfair discrimination, while also managing its finite resources effectively.

The Cboe EDGX Exchange, Inc. is proposing a new fee structure for users wishing to purchase Dedicated Cores instead of sharing CPU resources. These Dedicated Cores can enhance trading performance by reducing latency and improving throughput. They are optional, and users can choose to stick to shared resources. The first two Dedicated Cores are free, while additional cores incur progressive fees. The proposal aims to manage the finite CPU resources fairly and is part of the exchange's efforts to keep up with growing user demand.

Cboe EDGX Exchange, Inc. proposed a rule change to modify its fee schedule related to its equities trading platform. The changes focus on updating the Add/Remove Volume Tiers and introducing a new Non-Displayed Step-Up Tier to provide enhanced rebates to members based on certain trading volume criteria. These changes are intended to encourage more order flow to the exchange, improve market liquidity, and provide better pricing options for participants. The proposed amendments aim to foster a more competitive trading environment, benefiting all market participants.

The Cboe EDGX Exchange, Inc. has proposed a new rule change to adjust its fee schedule for the Consolidated Audit Trail (CAT) funding, setting a fee rate of $0.000022 per executed equivalent share. This proposal, filed on December 20, 2024, has been designated for immediate effectiveness and is subject to comment from the public. Interested parties can view the complete proposal on the Exchange or Commission’s websites and are invited to submit their comments electronically or by mail before January 27, 2025. The goal of the proposed change is to cover reasonably budgeted costs associated with the CAT as per the governing National Market System Plan.

The Cboe EDGX Exchange, Inc. filed a rule change with the Securities and Exchange Commission to list and trade options on the Fidelity Ethereum Fund. This fund is an Ethereum-backed commodity ETF, aiming to reflect Ethereum's performance and provide investors exposure to the Ethereum market without direct handling of the cryptocurrency. The Exchange proposes specific position and exercise limits for these options to minimize risks and maintain a fair trading environment. The SEC is seeking public comments on this rule change proposal before making a decision.

The Securities and Exchange Commission has issued a notice regarding a proposed rule change by Cboe EDGX Exchange, Inc. This proposal suggests expanding the existing Financial Product Distribution Program to include a new Derived Data Platform Service. The aim is to lower distribution fees for Derived Data and allow broader use of data coming from the Cboe One Summary feed, offering more comprehensive market information across multiple exchanges. This change is intended to enhance competition and provide more options for data distributors without affecting the cost of other exchange products.

The Cboe EDGX Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to raise the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This increase is intended to help maintain and improve market technology and services. The Exchange argues that the price adjustment is in line with competitors and justified by inflation since the last fee change in 2018. The SEC is soliciting comments from the public on this proposed rule change.

The Cboe EDGX Exchange, Inc. has proposed a rule change to increase the monthly fee for 10 gigabit (Gb) physical ports from $7,500 to $8,500. This fee is charged to both members and non-members who use these ports to connect to the exchange's data centers. The Exchange argues that the fee increase is necessary to help maintain and improve their market technology and services, and remains competitive compared to fees charged by other exchanges. The proposed change aims to reflect the costs of inflation and investments made in enhancing their systems over the years. The public has been invited to submit comments on this change.

Cboe EDGX Exchange, Inc. has announced a proposed rule change to increase the monthly fee for 10 Gb physical port connections from $7,500 to $8,500. The increase is intended to keep the fees in line with inflation and the costs the exchange incurs to maintain and improve its technology and services. This fee applies uniformly to all market participants who use these high-capacity connections, and it remains lower than similar fees charged by other exchanges. The change is justified by enhancements made to the exchange's services, which have benefited users by improving the capacity and speed of data processing.