Search Results for keywords:"monthly fee increase"

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Search Results: keywords:"monthly fee increase"

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  • 2025-00174 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase Its Monthly Fee for Purge Ports
    Type:Notice
    Citation:90 FR 1555
    Reading Time:about 3 minutes

    Cboe Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to increase its monthly fee for Purge Ports, with immediate effect starting January 2, 2025. This change was filed under Section 19(b)(1) of the Securities Exchange Act of 1934 and has been designated for immediate effectiveness. The SEC is inviting the public to submit written comments on the proposed rule change, which can be done electronically or via paper submission. All comments should include the file number SR-CBOE-2024-057 and be submitted by January 29, 2025.

    Simple Explanation

    Cboe Exchange, Inc. has decided to ask for more money each month from users of their Purge Ports service, and they let the SEC know about this change, which will start on January 2, 2025. People can tell the SEC what they think about this by sending them a letter or an email by January 29, 2025, and they should include a special code, SR-CBOE-2024-057, in their message.

  • 2025-05209 — Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Monthly Fee for 10 Gb Physical Ports
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    Type:Notice
    Citation:90 FR 13938
    Reading Time:about 23 minutes

    The Cboe BYX Exchange, Inc. has proposed a rule change to increase the monthly fee for 10 gigabit physical ports from $7,500 to $8,500. This adjustment is intended to help the Exchange maintain and improve its infrastructure and technologies, keeping it competitive with other exchanges that typically charge more. The fee increase reflects the rise in costs over the years due to inflation and the Exchange's investment in technology upgrades, such as increasing capacity and processing speeds. The Securities and Exchange Commission is seeking public comments on this proposal.

    Simple Explanation

    The Cboe BYX Exchange wants to charge more for a special kind of computer connection called "10 Gb ports" to help them keep their tech up-to-date, and they want people to say what they think about this change.

  • 2025-05450 — Self-Regulatory Organizations; Cboe C2 Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Monthly Fee for 10 Gb Physical Ports
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    Type:Notice
    Citation:90 FR 14300
    Reading Time:about 23 minutes

    The Cboe C2 Exchange, Inc. has proposed a change to increase the monthly fee for 10 Gb physical connection ports from $7,500 to $8,500. This change is intended to help maintain and enhance their market technology and services and is still competitively priced compared to other exchanges. The proposed fee adjustment is justified by inflation and significant technological upgrades made by the Exchange since the current fee was set in 2018, which has improved the speed and capacity of their services. The proposal is filed under the regulations of the Securities Exchange Act of 1934, and public comments are invited on this change.

    Simple Explanation

    Cboe C2 Exchange wants to raise the price for special internet plugs used by companies to trade fast on their system from $7,500 to $8,500 a month, which they say is due to upgrades and inflation, and they invite people to share their thoughts about this change.

  • 2025-03075 — Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Monthly Fee for 10 Gb Physical Ports
    Type:Notice
    Citation:90 FR 10758
    Reading Time:about 3 minutes

    Cboe EDGA Exchange, Inc. has proposed a rule change to increase the monthly fee for 10 Gb physical ports. This proposal was filed with the Securities and Exchange Commission (SEC) on February 14, 2025, and is set for immediate effectiveness. The SEC is inviting public comments on whether this change aligns with the Securities Exchange Act of 1934. Interested parties can submit their opinions electronically or by mail before the March 19, 2025, deadline.

    Simple Explanation

    The Cboe EDGA Exchange wants to make their 'internet roads' faster, but to do that, they need to charge a bit more money each month. The people in charge are asking if this is okay and want other people to tell them if they think it's fair by writing letters or sending messages before a certain date.