Search Results for citation:"90 FR 2051"

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Search Results: citation:"90 FR 2051"

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  • 2025-00303 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Exchange's Port Fees in Options 7, Section 9
    Type:Notice
    Citation:90 FR 2051
    Reading Time:about 4 minutes

    Nasdaq PHLX LLC, a self-regulatory organization, has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to increase port fees for the Specialized Quote Feed (SQF) Ports and SQF Purge Ports in Options 7, Section 9. This rule change was filed on December 20, 2024, and is set to take effect immediately, although it will become operative on January 1, 2025. The SEC is inviting public comments on this proposal until January 31, 2025, and all interested parties are encouraged to submit their views and arguments regarding the change.

    Simple Explanation

    Nasdaq PHLX wants to charge more money for special types of computer connections used in trading, starting next year, and they want people to share their thoughts about it.