The Cboe EDGX Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to increase the monthly fee for 10 Gb physical ports. This proposal was filed on February 14, 2025, and is intended to be effective immediately. The SEC invites public comments on whether this change aligns with the Securities Exchange Act, and comments must be submitted by March 27, 2025. The full details of the proposed rule change can be accessed on both the SEC and the Exchange's websites.
Simple Explanation
The Cboe EDGX Exchange wants to make it cost more every month to use a fast internet connection that helps people trade stocks. They told the SEC about this change and want to start it right away, and people can tell the SEC if they think it's a good idea or not.