Search Results for keywords:"technology infrastructure"

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Search Results: keywords:"technology infrastructure"

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  • 2025-05201 — Self-Regulatory Organizations; Cboe EDGX 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 13906
    Reading Time:about 23 minutes

    Cboe EDGX Exchange, Inc. has announced a proposed rule change to increase the monthly fee for 10 Gb physical port connections from $7,500 to $8,500. The increase is intended to keep the fees in line with inflation and the costs the exchange incurs to maintain and improve its technology and services. This fee applies uniformly to all market participants who use these high-capacity connections, and it remains lower than similar fees charged by other exchanges. The change is justified by enhancements made to the exchange's services, which have benefited users by improving the capacity and speed of data processing.

    Simple Explanation

    Cboe EDGX Exchange is raising the cost of using their super-fast internet connections because it costs them more to keep everything running smoothly, but they didn't give all the details about these costs. This new price is still less than what other places charge.

  • 2024-29632 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Certain Fees Based on the Rate of Inflation
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    Type:Notice
    Citation:89 FR 102238
    Reading Time:about 16 minutes

    Nasdaq PHLX LLC filed a proposed rule change with the Securities and Exchange Commission to adjust certain fees for its market data products based on inflation. The changes are intended to restore fees to their original real value, as many have not been updated for years and have decreased in real terms due to inflation. The adjustments will be phased in over three years, starting in 2025. The exchange claims this change is necessary to recoup investments made to enhance their products and maintain technology infrastructure, ensuring they continue to meet the needs of their customers.

    Simple Explanation

    Nasdaq PHLX LLC wants to raise some prices because money doesn't buy as much as it used to, and they need to make sure they have enough to keep their stuff updated and working well. Some people are unsure if this is really fair because it might feel like the prices are going up too much or too fast without a clear reason.

  • 2024-30912 — Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fees Schedule Related to Physical Port Fees
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    Type:Notice
    Citation:89 FR 106644
    Reading Time:about 20 minutes

    The Cboe BYX Exchange, Inc. has proposed a rule change to increase the monthly fee for its 10 gigabit physical port connections from $7,500 to $8,500. This fee adjustment is intended to help the Exchange maintain and improve its technology infrastructure. The Exchange argues that the increased fee is still competitive compared to similar fees charged by other exchanges and that it has not changed this fee since 2018 despite inflation. The proposal is currently open for public comments, with a submission deadline of January 21, 2025.

    Simple Explanation

    The Cboe BYX Exchange wants to raise the cost of a special internet connection from $7,500 to $8,500 a month to help keep things running smoothly. They say this higher price is still good compared to others, but some people are worried it might make things harder and more expensive for smaller companies wanting to join in.

  • 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
    💰
    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.