Search Results for keywords:"inflation"

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Search Results: keywords:"inflation"

  • 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.

  • 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.

  • Type:Rule
    Citation:89 FR 104394
    Reading Time:about 21 minutes

    The Department of Agriculture's Agricultural Marketing Service has approved a recommendation to increase the assessment rate for watermelons under the Watermelon Research and Promotion Plan. The new rate boosts the assessment from six to nine cents per hundredweight. Domestic producers with 10 acres or more and domestic handlers will each pay four and a half cents per hundredweight, while importers of 150,000 pounds or more will pay nine cents per hundredweight. This increase aims to address inflation's impact on the plan’s buying power and continues to support marketing and research efforts, benefiting the watermelon industry overall. The rule also includes administrative corrections without changing the assessment rate.

    Simple Explanation

    The government decided that farmers and sellers of watermelons will need to pay a bit more money—like adding a few more pennies—whenever they sell a lot of watermelons. This extra money will help them show more people how great watermelons are and study them better, but some small sellers are worried it might be a bit hard for them to pay.