Search Results for keywords:"Cboe BZX Exchange"

Cboe BZX Exchange, Inc. has proposed a rule change to modify the fees for their BZX Top Feed, which provides up-to-date quotations and trading information. They plan to increase the monthly cost of distributing this data internally within a company to $750, and introduce a fee of $4 per month for each professional user accessing this data internally. External distribution fees remain unchanged. This change aims to ensure fair compensation for the data provided while keeping it accessible to various market participants at competitive prices compared to similar offerings from other exchanges.

Cboe BZX Exchange, Inc. has proposed a rule change to update its fee schedule for certain market data feeds. The proposed changes aim to waive External Distribution and Data Consolidation fees for new Uncontrolled External Distributors of specific data feeds, like BZX Top and Cboe One Summary, until they gain users. This is intended to encourage vendors to adopt these feeds and broaden distribution without immediate costs. The proposal is meant to promote fair competition and is part of Cboe's efforts to minimize business costs for distributors.

On January 24, 2025, the Cboe BZX Exchange, Inc. filed a proposal with the Securities and Exchange Commission (SEC) to list options on the Fidelity Ethereum Fund. The proposal, which was modified with Amendment No. 1, was published for public comment on February 13, 2025, but received no feedback. The SEC, needing more time to review the proposal, extended the deadline for its decision to either approve, disapprove, or start proceedings regarding the proposal from March 30, 2025, to May 14, 2025.

The Cboe BZX Exchange, Inc. has proposed a rule change to adjust its fee structure for Lead Market Makers (LMMs) on its equities trading platform. The new fee schedule aims to provide better incentives for LMMs who meet specific performance standards, particularly those handling lower daily auction volumes of securities. The proposed changes include reducing payments for high-volume securities while increasing incentives for securities with lower trading volumes. The Exchange believes these adjustments will help remain competitive in the market and enhance the quality of the trading environment for exchange-traded products (ETPs) listed on Cboe BZX.

Cboe BZX Exchange, Inc. has proposed a rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. These ports are used by members and non-members to connect to the exchange. The increase is intended to help maintain and improve market technology and services, as well as keep fees in line with or lower than similar charges by other exchanges. The notice invites public comments and explains the rationale behind the fee change, such as inflation impacts and investments in technology improvements.

The Cboe BZX Exchange, Inc. has proposed a rule change to the Securities and Exchange Commission (SEC) to allow the Fidelity Ethereum Fund to stake ether, the cryptocurrency of the Ethereum network. Staking involves holding and locking ether in the blockchain to support operations like validating transactions and securing the network; in return, participants may earn rewards. This proposal is intended to help the fund offer better returns to investors by allowing for staking rewards, which can also enhance the Ethereum blockchain's security and functionality. The SEC is seeking public comments on this proposed rule change.

The Securities and Exchange Commission (SEC) has published a notice that the Cboe BZX Exchange, Inc. has filed a proposed rule change regarding its fee schedule. The proposal aims to introduce fees for Cboe Timestamping Service reports and is designated for immediate effectiveness. The SEC is inviting public comments on whether this proposed rule change aligns with the Securities Exchange Act of 1934. Comments can be submitted electronically through the SEC's website or via email.

The Cboe BZX Exchange, Inc. proposed changes to extend their Early Trading Session hours. The new hours will be from 4:00 a.m. to 8:00 a.m. Eastern Time, extending from the previous start time of 7:00 a.m. They also plan to allow orders to be accepted from 2:30 a.m. to 4:00 a.m., providing users more time to enter their orders for the early session. This change aims to provide traders with more opportunities to access liquidity early in the day, in line with similar sessions on other exchanges.

The Securities and Exchange Commission is reviewing a proposal by Cboe BZX Exchange, Inc. to list and trade shares of the Fidelity Solana Fund. This fund will invest in Solana, a type of cryptocurrency, without needing a surveillance-sharing agreement with a market of significant size for monitoring. The proposal aims to offer U.S. investors a transparent and regulated option to invest in Solana, possibly reducing risks like price manipulation and high management fees. The SEC is seeking comments from the public and plans to decide on approval within 90 days.

The Securities and Exchange Commission is considering a proposed rule change by Cboe BZX Exchange, Inc. This proposal aims to allow the exchange to list and trade options on specific Ethereum-backed Exchange-Traded Funds (ETFs) such as the Grayscale Ethereum Trust ETF and the Bitwise Ethereum ETF. The change is designed to offer investors a new way to gain exposure to the price movements of Ethereum while ensuring adherence to existing trading rules. The Commission intends to seek public comments on the proposal to ensure that it meets regulatory standards before deciding on its approval.