Search Results for keywords:"market participants"

Cboe EDGA Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to amend its Fee Schedule by adjusting the rates related to adding and removing liquidity for securities priced below $1.00. This proposal was submitted on February 3, 2025, and has been designated for immediate effectiveness. The Commission is inviting public comments on the proposal until March 13, 2025, and all submissions will be available on its website.

Cboe EDGA Exchange, Inc. filed a proposed rule change with the Securities and Exchange Commission to update its fee schedule. This change involves eliminating certain routing fee codes due to minimal use and amending an Add/Remove Volume Tier to encourage more order flow on the exchange. The goal is to create competitive pricing that attracts market participants while maintaining a fair and equitable fee structure for all members. The proposal has been made effective immediately, but may be suspended by the Commission if deemed necessary.

The Securities and Exchange Commission received a proposed rule change from ICE Clear Europe to amend Part BB of its Delivery Procedures, specifically concerning Containerised White Sugar futures contracts. The amendment aims to clarify the delivery specifications by stating that these contracts apply to sugar from any origin that is current as of the first day of the delivery period. ICE Clear Europe believes these changes will improve the identification process for sugar eligible for delivery without impacting the competition dynamics among market participants. No external comments on the proposed changes have been solicited or received.

Cboe Exchange, Inc. proposes to increase fees for its Legacy Silexx platform versions due to ongoing maintenance as they transition users to newer platform versions. The fee changes involve higher monthly rates for different platform versions; for example, the fee for the Basic version will increase from $500 to $625 per login. These platforms are optional tools for executing trades, and users can switch to other products if they find them more cost-effective. The Securities and Exchange Commission is accepting public comments on this proposal.

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 Nasdaq Stock Market LLC is proposing to change the credits they offer for certain stock transactions. Currently, there's a credit of $0.0030 per share for members providing substantial liquidity, but Nasdaq wants to add a new, slightly lower credit of $0.00295 per share for members meeting less strict volume requirements. This is meant to encourage more trading activity and improve the quality of the market by providing incentives for adding liquidity, especially in securities not listed on Nasdaq or NYSE. The changes are designed to be competitive and fair, with the understanding that participants dissatisfied with the credits can choose to trade elsewhere.

Cboe BZX Exchange, Inc. has proposed a rule change to increase the entry fee for exchange-traded products (ETPs) to $10,000 per ETP. This proposed change was filed with the Securities and Exchange Commission (SEC) and is designated for immediate effectiveness. The SEC is seeking comments from the public on whether this rule change is consistent with the Securities Exchange Act of 1934. Interested parties can submit their comments online or by mail before March 21, 2025.

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.

The Securities and Exchange Commission (SEC) has announced that The Nasdaq Stock Market LLC proposed a new rule, effective immediately, to increase its Membership and Regulatory, Registration, and Processing Fees. This is part of an amendment to its fee schedule under Sections 10 and 30 of Equity 7. The SEC is seeking public comments on this proposed change, and interested individuals can submit their opinions electronically or by mail before February 11, 2025. Details of the proposed rule change are available on both Nasdaq's and the SEC’s websites.

The MIAX PEARL, LLC has proposed a rule change to adjust its fee schedule to include a new fee for market participants. This fee is for those who choose to use the Exchange's testing systems environment with a dedicated cross connection. The Securities and Exchange Commission (SEC) has been notified and is seeking public comments on this proposed change. Interested parties can submit comments electronically or via mail, and all comments will be made publicly available on the SEC's website.