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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. proposed a rule change to update its fee schedule by removing certain routing fee codes (8, K, and MX) due to minimal usage. This change means these orders will now fall under the standard routing fees, making the system more efficient. The exchange operates in a competitive market where participants can choose other venues if they find fee levels too high. The proposed change aims to promote competition without imposing unfair burdens on any members.

The New York Stock Exchange LLC (NYSE) has proposed a rule change to extend a waiver of fees for certain new member applications and bond trading licenses for 2021. This proposal aims to waive the New Firm Fee, which ranges from $2,500 to $20,000, for bond trading firms applying solely for a bond trading license, and also to waive the annual $1,000 Bond Trading License Fee. The NYSE believes these changes will encourage more firms to join and trade bonds on their platform, ultimately benefiting investors through increased liquidity and trading opportunities. The Securities Exchange Commission is inviting public comments on this proposed rule change.