Search Results for keywords:"trading volume criteria"

Cboe EDGX Exchange, Inc. proposed a rule change to modify its fee schedule related to its equities trading platform. The changes focus on updating the Add/Remove Volume Tiers and introducing a new Non-Displayed Step-Up Tier to provide enhanced rebates to members based on certain trading volume criteria. These changes are intended to encourage more order flow to the exchange, improve market liquidity, and provide better pricing options for participants. The proposed amendments aim to foster a more competitive trading environment, benefiting all market participants.

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.