The Securities and Exchange Commission is reviewing a new rule proposal from the Cboe BZX Exchange, Inc.. The proposal aims to introduce fees for a new service called Unitized Logical Ports, which provides connectivity for its equity options platform, BZX Options. Additionally, new fees for Average Daily Quote and Average Daily Order will be introduced. Interested individuals can submit comments online or through mail, ensuring that they reference the specific file number related to this proposed rule change.
Simple Explanation
The Cboe BZX Exchange wants to start offering a new service for connecting to its system and charge fees for this and some other activities. The Securities and Exchange Commission is looking at this plan, and people can give their thoughts on it.