Search Results for keywords:"Cboe BYX Exchange"

The Cboe BYX Exchange, Inc. has proposed a rule change to increase the monthly fees for 10 Gb physical ports, which was submitted to the Securities and Exchange Commission (SEC) on February 14, 2025. The proposal has been designated for immediate effectiveness, allowing it to take effect quickly, but is open for public comments until March 19, 2025. Interested parties can submit their comments through the SEC's website or by email. The SEC will review all feedback and decide whether to approve or disapprove the rule change based on public interest and investor protection.

Cboe BYX Exchange, Inc. proposed a rule change to allow users to use Match Trade Prevention when entering Periodic Auction Orders. This proposal was initially filed with the Securities and Exchange Commission (SEC) on June 6, 2024, and further modified by an amendment on September 18, 2024. The proposed change aimed to adjust how trades are processed on the exchange platform. However, on January 8, 2025, Cboe BYX withdrew the proposed rule change.

The Securities and Exchange Commission has received a proposal from Cboe BYX Exchange, Inc. to modify its Rule 11.24. The proposed changes aim to enhance the Retail Price Improvement Program by introducing an "Enhanced RPI Order" that could provide more price improvement opportunities for retail investors. This new order type allows participants to post orders at their limit price and offer better pricing to beat other resting orders, potentially leading to better execution for small investors. The proposal also suggests expanding the program to include securities priced below $1.00, intending to attract more retail orders to the exchange.

The Securities and Exchange Commission is reviewing a proposed rule change from Cboe BYX Exchange, Inc. This change would allow users to use match trade prevention when they enter periodic auction orders on the exchange. The Commission has decided to extend the decision deadline to February 16, 2025, to have enough time to consider the proposal, which includes modifications made in Amendment No. 1. This extension ensures the Commission can make a well-informed decision on whether to approve or disapprove the rule change.

Cboe BYX Exchange, Inc. has proposed a new rule to introduce a monthly fee for members who use multiple Market Participant Identifiers (MPIDs). The fee of $150 per MPID, with the first MPID being free, is intended to encourage efficient use of MPIDs. The exchange believes this fee is reasonable and consistent with similar charges by other exchanges like Nasdaq, which imposes a higher MPID fee. The proposal is now open for public comments, and interested individuals can share their feedback with the Securities and Exchange Commission.

The Securities and Exchange Commission has approved proposed rule changes by four exchanges—Cboe BYX, Cboe BZX, Cboe EDGA, and Cboe EDGX. These changes aim to automate the process for re-opening trading of NYSE-listed securities outside of regular hours when a halt is lifted. Previously, this was done manually by exchange staff, but the new system will automatically restart trading if certain conditions are met, improving efficiency. The SEC found these changes to be consistent with regulations that ensure a fair and open market, with no public comments opposing the proposals.

The Cboe BYX Exchange, Inc. filed a proposed rule change with the Securities and Exchange Commission to amend its fee schedule, specifically regarding the use of Dedicated Cores. Dedicated Cores offer users full CPU processing power, which can improve trading performance, and are available on a voluntary basis. The Exchange plans to charge progressively higher fees based on the number of Dedicated Cores a user purchases beyond the initial two, which are free. The proposal also increases the overall cap on the number of Dedicated Cores a member can have to better meet demand while maintaining fairness in allocation due to physical space constraints.

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.

Cboe BYX Exchange, Inc. filed a proposed rule change with the Securities and Exchange Commission on December 20, 2024, establishing new fees related to the Consolidated Audit Trail for 2025. The Exchange aims to set the CAT Fee 2025-1 at $0.000022 per executed equivalent share. The SEC is inviting public comments on this proposed rule change, with submissions due by January 27, 2025. Interested parties can submit their opinions through the SEC’s website or by email, using the specified file number for reference.

On July 17, 2020, the Cboe BYX Exchange proposed a new rule to introduce periodic auctions for trading U.S. equity securities. This proposal was filed with the Securities and Exchange Commission (SEC) and was published for public comment in August 2020. After receiving comments and amending the proposal twice, the SEC is now considering whether to approve or disapprove it. The decision deadline has been extended to April 1, 2021, to allow the SEC more time for evaluation.