Search Results for keywords:"port fees"

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Search Results: keywords:"port fees"

  • Type:Notice
    Citation:86 FR 9096
    Reading Time:about 62 minutes

    MIAX PEARL, LLC has submitted a proposal to the Securities and Exchange Commission to change its fee schedule for trading equity securities on its exchange platform. The proposed changes aim to introduce several fees, including connectivity fees, port fees, technical support request fees, and historical market data fees. The exchange argues that these fees are necessary to recover some of the costs associated with providing and maintaining their trading infrastructure and to ensure fair and equitable access for all users. The SEC is seeking comments on this proposal from interested parties to ensure compliance with relevant regulatory standards.

    Simple Explanation

    MIAX PEARL wants to start charging new fees for using their stock trading system to help pay for the upkeep of their technology and make sure everyone can use it fairly. They're asking people what they think about these fees.

  • Type:Notice
    Citation:90 FR 12186
    Reading Time:about 3 minutes

    The Securities and Exchange Commission published a notice regarding a proposed rule change filed by NYSE Chicago, Inc. on March 3, 2025. This change involves increasing the fees for ports used by the exchange. The proposal has been made effective immediately, and the Commission is inviting public comments on whether this change aligns with the Securities Exchange Act of 1934. Comments can be submitted through the Commission's website or by mail and must include the file number SR-NYSECHX-2025-02.

    Simple Explanation

    NYSE Chicago, a stock exchange, wants to charge more money for using their special online "port" to connect with their system. The government is telling people this change is happening right away and asking if they think it's fair.

  • Type:Notice
    Citation:86 FR 8428
    Reading Time:about 64 minutes

    MIAX Emerald, LLC has proposed a new rule change to update its fee schedule. This change includes introducing new fees for accessing its system ports and increasing network connectivity fees for certain high-speed connections. The goal is to cover increased costs related to enhanced network transparency, reliability, and capacity, ensuring a high level of service for users who move substantial amounts of data through the exchange. The Securities and Exchange Commission is sharing this notice to invite public comments on the proposed changes.

    Simple Explanation

    MIAX Emerald wants to charge more money for using their computer network and connecting fast to their system, and they say it's to help manage their costs better. Some people worry the new prices might be too high or confusing and could make it harder for smaller users to join in.

  • Type:Notice
    Citation:89 FR 104254
    Reading Time:about 115 minutes

    The Securities and Exchange Commission (SEC) has announced a new rule proposal from MIAX Sapphire, LLC regarding fees for connectivity and port services. MIAX Sapphire plans to implement fees for network connections and ports, including a waiver period to incentivize participation, after which full fees will apply. The proposed fees aim to cover the costs of providing these services, with some services offered at a loss to attract market participants. The SEC is inviting public comments on these proposed changes.

    Simple Explanation

    MIAX Sapphire wants to start charging fees for using their computer networks, like the way roads have tolls, but they will let people try them for free for a little while to see if they like them. The SEC is asking everyone what they think about these new plans.

  • Type:Notice
    Citation:90 FR 13910
    Reading Time:about 23 minutes

    The Securities and Exchange Commission published a notice about a proposed rule change by the Cboe EDGA Exchange to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. The exchange believes the increase is reasonable due to inflation since 2018, investments made to enhance technology, and because the new fee is still competitive compared to other exchanges. The proposed rule change is aimed at maintaining and improving the exchange's services and infrastructure. Feedback from the public is invited, and all comments will be reviewed by the Commission.

    Simple Explanation

    The document talks about a plan from a company that runs a stock exchange to make one of its special internet connections a little more expensive each month, going from $7,500 to $8,500. They say this is because prices have gone up since 2018, they've made their technology better, and this new price is still a good deal compared to what other places charge.

  • Type:Notice
    Citation:90 FR 12193
    Reading Time:about 3 minutes

    The NYSE American LLC filed a proposed rule change with the Securities and Exchange Commission (SEC) on March 3, 2025. This change involves increasing port fees and removing outdated language from their Price List. The proposal is immediately effective, but the SEC is seeking comments from the public on whether the change aligns with the Securities Exchange Act of 1934. Comments can be submitted online or by mail until April 4, 2025.

    Simple Explanation

    The NYSE American wants to charge more money for using their connection services, and they told the SEC about it. People can say what they think about this change until April 4, 2025.

  • Type:Notice
    Citation:90 FR 12186
    Reading Time:about 3 minutes

    The New York Stock Exchange LLC has filed a proposed rule change with the Securities and Exchange Commission to increase port fees starting March 3, 2025. This change has been marked for immediate effectiveness. The public is invited to submit comments on this proposal by April 4, 2025, using the Commission's internet comment form or by email. All comments will be available on the SEC's website.

    Simple Explanation

    The New York Stock Exchange wants to make it more expensive for companies to connect to their computers, starting in March 2025, and people have until April 2025 to say what they think about this change. However, they didn't explain how much more it will cost or why they need more money, so everyone is left guessing.

  • Type:Notice
    Citation:90 FR 12194
    Reading Time:about 3 minutes

    On March 3, 2025, NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934. This change aims to increase the port fees and remove the discount for open outcry port fees. The proposal has been designated for immediate effectiveness, and the SEC is seeking comments from the public until April 4, 2025. Details about the rule change can be found on the NYSE and SEC websites, and the public is encouraged to share their views without including personal information.

    Simple Explanation

    NYSE Arca wants to charge more money, called port fees, for using their services, and they will stop giving people a discount on certain fees. They're asking people to share their thoughts on this change, but they haven't explained why they're doing it or how it will affect everyone.

  • Type:Notice
    Citation:90 FR 2048
    Reading Time:about 4 minutes

    Nasdaq BX, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to increase its fees for ports used in the BX Options 7, Section 3, specifically for the Specialized Quote Feed (SQF) and SQF Purge Ports. The change will take effect immediately as of December 20, 2024, but the new pricing will be officially operative starting January 1, 2025. The SEC invites the public to submit comments regarding whether this proposed rule is consistent with the Securities Exchange Act of 1934. All the relevant documents and details about the change are available on both the Nasdaq and SEC websites.

    Simple Explanation

    Nasdaq BX wants to charge more money from people who use their special computer connections to trade faster, and they told the government they're doing it. They want people to tell them if they think charging more is fair, but they didn't say how much more it will cost.

  • Type:Notice
    Citation:90 FR 2051
    Reading Time:about 4 minutes

    Nasdaq PHLX LLC, a self-regulatory organization, has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to increase port fees for the Specialized Quote Feed (SQF) Ports and SQF Purge Ports in Options 7, Section 9. This rule change was filed on December 20, 2024, and is set to take effect immediately, although it will become operative on January 1, 2025. The SEC is inviting public comments on this proposal until January 31, 2025, and all interested parties are encouraged to submit their views and arguments regarding the change.

    Simple Explanation

    Nasdaq PHLX wants to charge more money for special types of computer connections used in trading, starting next year, and they want people to share their thoughts about it.

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