Search Results for keywords:"Cboe EDGX Exchange"

The Cboe BZX Exchange, Inc., Cboe EDGX Exchange, Inc., Cboe Exchange, Inc., and Cboe C2 Exchange, Inc. filed a proposal with the Securities and Exchange Commission to introduce the Cboe Timestamping Service, which is a type of market data service. This proposal was filed on December 13, 2024, under the provisions of the Securities Exchange Act of 1934, and it became effective immediately upon filing. However, the exchanges decided to withdraw their proposed rule changes on January 10, 2025. This decision was recorded by Sherry R. Haywood, the Assistant Secretary, on behalf of the Commission.

The Securities and Exchange Commission (SEC) received a proposed rule change from the Cboe EDGX Exchange, Inc., which the Exchange has already deemed non-controversial. The proposal aims to allow listing options on the iShares Ethereum Trust, enabling investors to trade these options in a more regulated environment compared to over-the-counter exchanges. The proposal outlines how these options will be managed and supervised, ensuring that they adhere to existing trading rules and limits. Overall, this move is seen as beneficial for investors, providing more opportunities to trade Ethereum-related options while ensuring market transparency and oversight.

Cboe EDGX Exchange, Inc. proposed a rule change to modify its fee schedule related to its equities trading platform. The changes focus on updating the Add/Remove Volume Tiers and introducing a new Non-Displayed Step-Up Tier to provide enhanced rebates to members based on certain trading volume criteria. These changes are intended to encourage more order flow to the exchange, improve market liquidity, and provide better pricing options for participants. The proposed amendments aim to foster a more competitive trading environment, benefiting all market participants.

The Cboe EDGX Exchange, Inc. submitted a proposal to the Securities and Exchange Commission (SEC) to amend its fee schedule related to logical port fees. The changes involve increasing the monthly fees for various types of ports, including logical ports, spin ports, and bulk quoting ports. The Exchange believes the fee adjustments align with those of similar exchanges and will help improve its market technology and services without burdening competition. The proposal is open for public comments on the SEC's website until April 21, 2025.

Cboe EDGX Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to increase its monthly fee for Purge Ports, effective January 2, 2025. This change was filed under the Securities Exchange Act of 1934 and has been marked for immediate effectiveness. The SEC is seeking public comments on whether this proposed rule change aligns with the Act. Comments can be submitted electronically or via mail by referring to file number SR-CboeEDGX-2024-087 before January 29, 2025.

Cboe EDGX Exchange, Inc. has proposed a rule change to allow users to choose when their orders become eligible for execution during the Early Trading Session. This change will enable users to designate their orders to start at 7:00 a.m. Eastern Time, aligning with the trading practices of other exchanges. The proposal aims to provide users with greater control over their orders and enhance their trading opportunities without modifying the current trading session hours. The Securities and Exchange Commission is inviting public comments on this proposal.

The Securities and Exchange Commission has issued a notice regarding a proposed rule change by Cboe EDGX Exchange, Inc. This proposal suggests expanding the existing Financial Product Distribution Program to include a new Derived Data Platform Service. The aim is to lower distribution fees for Derived Data and allow broader use of data coming from the Cboe One Summary feed, offering more comprehensive market information across multiple exchanges. This change is intended to enhance competition and provide more options for data distributors without affecting the cost of other exchange products.

The Cboe EDGX Exchange, Inc. proposed a rule change to allow options trading on Bitcoin-backed funds, such as the iShares Bitcoin Trust and the Grayscale Bitcoin Trust. These Bitcoin-based exchange-traded funds (ETFs) provide investors exposure to Bitcoin's performance without owning the cryptocurrency directly. The rule change aims to align with existing options trading standards on the Exchange and ensure that proper safeguards are in place to detect market abuses. The Securities and Exchange Commission is seeking public comments on this proposal.

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.

The Cboe EDGX Exchange, Inc. has filed a notice with the Securities and Exchange Commission about changes it is proposing to the fees associated with its EDGX Top Feed data product. These changes include an increase in fees for internal distribution of the data from $500 to $750 per month and the introduction of a $4 monthly fee for each professional user accessing the data internally. The Exchange argues that these fees are competitive when compared to similar products by other exchanges and that this change aligns with their goal of providing valuable market data while operating in a competitive environment. The proposed rule change has taken effect and is open for public comments.