Search Results for keywords:"fee schedule"

Nasdaq BX, Inc. has proposed a change to its fee schedule to increase the Membership Fee, specifically in Equity 7, Section 10. This proposal was filed with the Securities and Exchange Commission (SEC) on January 2, 2025, and has been designated for immediate effectiveness. The public is invited to submit comments on this proposed rule change by February 11, 2025, via the SEC's website or by email. All comments will be made publicly available on the Commission's website.

The Securities and Exchange Commission published a notice about a proposed rule change filed by MIAX PEARL, LLC regarding its fee schedule. The exchange wants to update its email domain and remove references to mini-options, which are not available anymore. The Commission allowed the changes to take effect immediately upon filing because they do not impact investor protection or public interest, thus avoiding any significant burdens on competition. Interested parties are encouraged to submit their comments on the proposal by using the SEC's website or email.

The Securities and Exchange Commission (SEC) announced that the BOX Exchange LLC has filed a proposal to amend its Fee Schedule for the upcoming year, 2025. The proposed changes involve establishing a new fee system called CAT Fee 2025-1, which sets the fee at $0.000022 per executed equivalent share. This fee helps cover the costs associated with the Consolidated Audit Trail (CAT), a system that tracks trading activity in the national market. The CAT Fee 2025-1 is intended to replace the previous CAT Fee 2024-1, which had a higher rate, and will be in effect for six months to cover half of the budgeted CAT costs. Interested parties are invited to submit comments on these changes by January 29, 2025.

The Long-Term Stock Exchange, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend its fee schedule by introducing new market data fees effective from November 1, 2024. This proposal follows a previous filing related to a transition to a new trading platform. Interested parties can submit their comments to the SEC by January 31, 2025, to express their views or concerns about this proposed change. The SEC encourages people to use electronic submission methods to help with efficient processing and to ensure all comments are available publicly on the SEC's website.

Cboe EDGA Exchange, Inc. has made a proposal to update its Fees Schedule by introducing charges for the use of "Dedicated Cores," which offer improved performance over shared resources. The proposal offers two Dedicated Cores at no cost, while additional cores are subject to fees based on a tiered system with rising costs for more cores used. This change is optional, allowing users to determine if the benefits of dedicated resources outweigh the costs. The proposal aims to manage limited resources fairly and ensure equitable pricing among users who choose to utilize Dedicated Cores.

MEMX LLC, a stock exchange, submitted a proposal to the Securities and Exchange Commission (SEC) to change its fee schedule. The proposal details a new Tape A Quoting Tier, which offers an extra rebate for certain trading activities on the exchange. This change took effect immediately, and the SEC invites public comments on the proposal by March 14, 2025. All relevant information and comments related to this rule change are available on the SEC's website.

The MIAX Sapphire, LLC has filed a proposed rule change with the Securities and Exchange Commission to amend its fee schedule to include new fee categories for its proprietary market data feeds. These feeds include the MIAX Sapphire Top of Market, the MIAX Sapphire Complex Top of Market, and the MIAX Sapphire Liquidity Feed. The proposal was filed on March 13, 2025, and is effective immediately. The public is invited to comment on whether this change aligns with the Securities Exchange Act of 1934 by April 9, 2025.

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.

The Cboe EDGX Exchange, Inc. has proposed a new rule change to adjust its fee schedule for the Consolidated Audit Trail (CAT) funding, setting a fee rate of $0.000022 per executed equivalent share. This proposal, filed on December 20, 2024, has been designated for immediate effectiveness and is subject to comment from the public. Interested parties can view the complete proposal on the Exchange or Commission’s websites and are invited to submit their comments electronically or by mail before January 27, 2025. The goal of the proposed change is to cover reasonably budgeted costs associated with the CAT as per the governing National Market System Plan.

The Long-Term Stock Exchange, Inc. (LTSE) filed a proposal with the Securities and Exchange Commission (SEC) to implement new connectivity fees for market participants. Previously, LTSE did not charge for connectivity, but due to the costs incurred from launching a new trading system, it plans to start charging fees effective October 1, 2024. These fees include charges for physical connections and logical connectivity sessions, with certain discounts for Disaster Recovery and Test Environment connections. LTSE believes the fees are fair, non-discriminatory, and generally lower than those charged by other exchanges, aiming to cover a portion of their operational costs while encouraging efficient use of connectivity resources.