Cboe EDGA Exchange, Inc. has proposed a change to its fee schedule to introduce charges for the use of Dedicated Cores, which are CPU cores dedicated to specific users, providing reduced latency and improved performance. The new fee structure allows users up to two free Dedicated Cores, with additional fees for more: $650 per core for 3-10 cores, $850 per core for 11-15 cores, and $1,050 per core for 16 or more cores. This proposal aims to balance demand with physical space limitations in their data centers, and it remains an optional service for users. The Securities and Exchange Commission invites public comments on this rule change.
Simple Explanation
Cboe EDGA Exchange wants to charge money when people use more than two special computer parts called "Dedicated Cores," which help make things run super fast. They give two for free, but more cost extra, and they want to see what people think about this plan.