Search Results for keywords:"Uncontrolled External Distributors"

Cboe BZX Exchange, Inc. has proposed a rule change to update its fee schedule for certain market data feeds. The proposed changes aim to waive External Distribution and Data Consolidation fees for new Uncontrolled External Distributors of specific data feeds, like BZX Top and Cboe One Summary, until they gain users. This is intended to encourage vendors to adopt these feeds and broaden distribution without immediate costs. The proposal is meant to promote fair competition and is part of Cboe's efforts to minimize business costs for distributors.

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.