The Cboe BZX Exchange, Inc. has proposed a change to its fee structure related to a new service involving Dedicated Cores. These Dedicated Cores allow firms to use the full processing power of a CPU core, offering benefits such as reduced latency and improved trading performance. The proposal includes different monthly fees based on the number of cores a firm uses, with up to two cores provided at no cost as an option for all users. This fee structure is designed to be fair, as higher fees are charged to those consuming more resources, and the service is entirely optional and not required for trading on the Exchange.
Simple Explanation
Cboe BZX Exchange wants to let businesses use special computer resources called Dedicated Cores to trade faster. They plan to give away two of these for free and charge for more, but some people are worried about the fairness and who can really benefit from this offer.