Search Results for keywords:"competition impact"

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Search Results: keywords:"competition impact"

  • Type:Notice
    Citation:90 FR 8070
    Reading Time:about 6 minutes

    The Securities and Exchange Commission has announced a proposed rule change by Cboe C2 Exchange, Inc., which suggests the creation of the Cboe Timestamping Service. This new service is comprised of two optional market data reports: the Missed Liquidity Report for orders and quotes, and the Cancels Report for canceled orders. The proposed change, which does not impose significant burdens on competition or investors, was filed to immediately take effect, allowing these reports to be available from January 27, 2025. The public can offer comments on this proposal until February 13, 2025.

    Simple Explanation

    The Securities and Exchange Commission is letting people know about a new service from a company called Cboe C2 Exchange that will offer special reports to help understand trading activities, like why some orders didn't go through or why some were stopped. People can start using these reports soon and have until February 13, 2025, to tell the SEC what they think about it.

  • Type:Notice
    Citation:90 FR 8399
    Reading Time:about a minute or two

    The Federal Maritime Commission has announced the filing of two shipping agreements under the Shipping Act of 1984. One agreement is between Hapag-Lloyd AG and Maersk A/S, allowing them to exchange space on specific services between the U.S. East Coast and ports in several countries including the UK and Germany. The second agreement involves an amendment to extend the termination date of a contract between the International Longshoremen’s Association and the United States Maritime Alliance. Interested parties can submit comments about these agreements through the Commission's website or contact their office directly.

    Simple Explanation

    The Federal Maritime Commission shared that two big shipping companies have made a deal to share spaces on their ships, and they're also extending a separate contract with people who load and unload ships at docks. People can talk about these deals by sending messages to the Commission.

  • Type:Notice
    Citation:89 FR 106700
    Reading Time:about 21 minutes

    Cboe EDGX Exchange, Inc. has proposed a change to its fee schedule, specifically increasing the cost of 10 gigabit (Gb) physical connectivity ports from $7,500 to $8,500 per month. This fee adjustment is intended to support the maintenance and improvement of market technology and services while staying competitive compared to fees charged by other exchanges. The proposed change is also meant to reflect inflation and investments the Exchange has made since the last fee adjustment in 2018. The Securities and Exchange Commission is seeking public comments on this proposal until January 21, 2025.

    Simple Explanation

    Cboe EDGX Exchange wants to raise the price for a type of internet connection used in trading from $7,500 to $8,500 each month, to help keep their technology up-to-date and cover costs. They are asking people to share their thoughts about this price change before making it final.