Search Results for keywords:"fees and charges"

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Search Results: keywords:"fees and charges"

  • Type:Notice
    Citation:86 FR 7135
    Reading Time:about 10 minutes

    The Securities and Exchange Commission has published a notice regarding a proposed rule change submitted by NYSE Arca, Inc. This change involves updating the fee schedule by eliminating charges and credits related to Self Trade Prevention Modifiers and Market Data Revenue Sharing Credits, as both have become obsolete. The proposal is intended to streamline the fee schedule for clarity and does not introduce any new fees. The SEC invites public comments on this proposal, encouraging interested individuals to submit their opinions by February 16, 2021.

    Simple Explanation

    NYSE Arca, a company that helps people buy and sell stocks, wants to make its rule book simpler by taking out some old fees and credits that aren't needed anymore. The people in charge want to know what others think, so they've asked for comments.

  • Type:Notice
    Citation:86 FR 8662
    Reading Time:about 18 minutes

    The NYSE Arca, Inc. has proposed a rule to amend its fees and charges related to co-location services by adding two new Partial Cabinet Solution (PCS) bundles, named Options E and F. These new options update existing bundles with faster 40 Gb connections, compared to the previous 10 Gb, to meet customer demand for higher connectivity. Customers who subscribe to these new options by the end of 2021 will receive a 50% discount on monthly fees for the first year. The proposal aims to offer more options for users and ensure fair competition, and public comments are invited before a final decision is made.

    Simple Explanation

    The NYSE Arca wants to change its fees so people can get faster internet connections if they have computers at their place, and if they sign up soon, they can get a big discount. They're asking people what they think before deciding.