Search Results for keywords:"market participation"

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Search Results: keywords:"market participation"

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  • 2025-06412 — Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Modifications to Fee Schedule To Introduce a Client Volume Incentive Program
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    Type:Notice
    Citation:90 FR 16036
    Reading Time:about 8 minutes

    ICE Clear Credit LLC (ICC) has proposed a change to its fee schedule, introducing a Client Volume Incentive Program. This program provides discounts on fees for clients who have annual billed fees for credit default swaps (CDS) exceeding $1 million USD. The discount is tiered, with up to 90% off for fees exceeding $6.4 million USD. The plan encourages more clients to use ICC's clearing services without imposing competitive burdens.

    Simple Explanation

    ICE Clear Credit LLC is giving big discounts to people who do a lot of business with them. If you spend over $1 million trading with them in a year, you can get up to 90% off some fees, but smaller businesses might not get the same big discounts.

  • 2021-01727 — Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the NYSE American Options Fee Schedule
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    Type:Notice
    Citation:86 FR 7321
    Reading Time:about 15 minutes

    The Securities and Exchange Commission (SEC) is reviewing a proposed rule change filed by NYSE American LLC to amend its Options Fee Schedule. This change involves adjusting the credit levels for specific transactions in the American Customer Engagement (ACE) Program, aiming to encourage greater order flow and market participation. The proposed rate amendment would take effect as of January 13, 2021, and seeks to maintain competitiveness while providing incentives for increased trading activity on the exchange. Public comments are invited to provide input on the proposal before it is finalized.

    Simple Explanation

    Imagine a big store called the NYSE, where people buy and sell things called options. This store wants to change the price it charges so more people will come to buy and sell. They're asking people what they think about this new price before they decide to use it.