Search Results for keywords:"fee schedule amendment"

Cboe BZX Exchange, Inc. proposed a rule change with the Securities and Exchange Commission to amend its fee schedule. The proposal aims to expand its Financial Product Distribution Program by introducing a new Derived Data Platform Service. This service would allow distributors to provide financial products using data derived from the Cboe Aggregated Market. Additionally, the proposal includes fee reductions for distributors, particularly for Non-Professional Users, to encourage broader access and distribution of market data.

The Long-Term Stock Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to modify its fee schedule for transactions involving stocks priced under $1.00, known as "Sub-Dollar Securities." This change, submitted on December 27, 2024, is intended to take effect immediately and became operational starting December 12, 2024. The SEC is inviting public comments on this proposed rule change by February 6, 2025. More details on the proposal can be found on both the Exchange’s and SEC’s websites.

Cboe Exchange, Inc. has proposed a rule change to amend its fee schedule, specifically regarding Related Future Cross (RFC) orders, which are complex orders involving a combination of option and futures contracts. This change is set to be effective from January 19, 2021. The proposed amendments include updates to the fee structure, such as relocation of certain surcharge waivers to footnotes 21 and 25, to reflect the permanent adoption of RFC orders in both electronic and open outcry trading environments. The filing with the Securities and Exchange Commission is open for public comments, and the Commission may take action within 60 days of the filing if necessary to protect investors and public interest.

The Securities and Exchange Commission has issued a notice regarding a proposed rule change by the Miami International Securities Exchange to amend its Fee Schedule. This amendment aims to introduce a fee discount program for the Open-Close Report. The Commission is seeking public comments on whether the proposed changes align with the Securities Exchange Act of 1934. Interested individuals can submit their comments electronically or by mail before January 29, 2025.

The Miami International Securities Exchange, LLC has proposed changes to its fee schedule. These updates involve switching the email domain used for communication to @miaxglobal.com and removing all mentions of mini-options, a type of option that never became widely used and was previously removed from their offerings. The Securities and Exchange Commission (SEC) is reviewing these changes, which aim to make the fee schedule clearer and more accurate for members of the exchange. The SEC invites public comments on this proposal.

The Cboe BZX Exchange, Inc. filed a proposed rule change with the Securities and Exchange Commission to amend its fee schedules for options and equities. This amendment aims to streamline billing by establishing that all fees and rebates are considered final after three months, encouraging prompt invoices review by Members and Non-Members. Disputes must be submitted in writing with supporting documentation, which helps both parties address discrepancies efficiently and prevents long-term resource expenditure on billing errors. The proposal aligns with similar practices at other exchanges and seeks to ensure a fair and consistent billing process.

The Cboe EDGX Exchange, Inc. submitted a proposal to the Securities and Exchange Commission (SEC) to amend its fee schedule related to logical port fees. The changes involve increasing the monthly fees for various types of ports, including logical ports, spin ports, and bulk quoting ports. The Exchange believes the fee adjustments align with those of similar exchanges and will help improve its market technology and services without burdening competition. The proposal is open for public comments on the SEC's website until April 21, 2025.

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.

The Long-Term Stock Exchange, Inc. (LTSE) submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend its fee schedule. This change aims to modify the rebates for transactions involving securities priced at $1.00 or more per share that add liquidity to the exchange. The proposal was filed on February 28, 2025, and LTSE intends for the amendments to take effect immediately as of March 3, 2025. The SEC is seeking comments from the public regarding this change and has provided instructions for submitting feedback.

The Securities and Exchange Commission (SEC) announced that the Miami International Securities Exchange proposed a new rule set to immediately take effect. This rule involves amending the fee schedule for its proprietary market data feeds, including fees for the Top of Market feed, the Complex Top of Market feed, the Administrative Information Subscriber feed, and the MIAX Order Feed. Interested individuals have until March 25, 2025, to provide feedback on these proposed changes, which can be submitted through the SEC's website or by email. The SEC will review all comments, although any obscene or copyrighted material may be redacted or withheld.