Search Results for keywords:"NYSE Chicago"

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Search Results: keywords:"NYSE Chicago"

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  • 2024-29626 — Self-Regulatory Organizations; NYSE Chicago, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule of NYSE Chicago, Inc.
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    Type:Notice
    Citation:89 FR 102231
    Reading Time:about 17 minutes

    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.

    Simple Explanation

    NYSE Chicago wants to change how much people pay or get paid when they buy or sell stocks. If someone takes a stock away, they'll pay a bit more, but if they bring a stock to the table, they can get a tiny reward like a little thank you note for helping out.

  • 2025-00293 — Self-Regulatory Organizations; NYSE Chicago, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Industry Members Related to Reasonably Budgeted CAT Costs of the National Market System Plan Governing the Consolidated Audit Trail for 2025
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    Type:Notice
    Citation:90 FR 2044
    Reading Time:about 4 minutes

    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.

    Simple Explanation

    NYSE Chicago wants to change a fee that businesses pay for using a special system to track trading. They are lowering the fee to help cover some costs for this system, but it's not very clear why they're lowering it or how it helps everyone involved.

  • 2021-02408 — Self-Regulatory Organizations; NYSE Chicago, Inc.; Notice of Filing of Proposed Rule Change To Amend Its Fee Schedule Related to Co-Location Services
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    Type:Notice
    Citation:86 FR 8440
    Reading Time:about 18 minutes

    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.

    Simple Explanation

    NYSE Chicago wants to offer some new bundles for computer space that come with faster connections, and if you sign up before the end of the year, you get a half-off discount on monthly fees for one year. It's like getting a bigger and faster toy box for your toys, but you pay more each month!

  • 2025-04338 — Self-Regulatory Organizations; NYSE Chicago, Inc.; Notice of Filing of Proposed Rule Change for Amendments to Rules 1.1, 5, 7.18, 8 and Article 22, Rules 24-27
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    Type:Notice
    Citation:90 FR 12578
    Reading Time:about 48 minutes

    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.

    Simple Explanation

    The SEC is thinking about changing some rules to allow a special kind of stocks, called Exchange-Traded Products, to be bought and sold more easily on the NYSE Chicago, just like on another big exchange. They want to make sure everything is clear and fair, and they are asking people for their thoughts on these new ideas.