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Cboe BZX Exchange, Inc. has introduced a new rule to implement fees for new types of logical ports on its equity options platform. This change is part of a new connectivity offering called "Unitized Logical Ports," which is meant to improve consistency and efficiency in trading by reducing the natural variance in processing messages. Alongside, Cboe BZX is also proposing Average Daily Order (ADO) and Average Daily Quote (ADQ) fees to regulate extensive use of the system's resources. These changes are optional for members, aimed at encouraging efficient use and ensuring that resources are not overused, impacting system performance.

Cboe BZX Exchange, Inc. has proposed a new rule to adopt fees for its new logical ports, which are linked to a new connectivity option on its equity options platform. These new logical ports, known as Unitized Logical Ports, provide a more consistent experience in trading by reducing the variability in how orders are processed. The proposal also includes new fees for members who exceed certain daily average limits for orders or quotes, aiming to encourage efficient use of the exchange's resources and prevent excessive activity that could disrupt systems. The changes are optional, with the goal of providing members with more trading flexibility.

Cboe BZX Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend its fee schedule for its equity options platform, known as BZX Options. The Exchange aims to adjust its Market Maker Penny Add Volume Tiers, which offer varying rebates to incentivize members based on their trading activity. The proposal introduces a new tier designed to encourage increased participation from Lead Market Makers by offering enhanced rebates for meeting specific trading volume criteria. This strategy is part of Cboe BZX's efforts to remain competitive in a market where participants have numerous alternatives for directing their trading orders.