Cboe EDGX Exchange, Inc. proposed a change to its fee schedule for its equity options platform, aiming to increase fees for logical connectivity. This proposal was filed with the Securities and Exchange Commission (SEC) and is set for immediate effectiveness. The SEC is inviting public comments on this proposed rule change, which are due by February 11, 2025. Interested parties can submit comments electronically or through postal mail, and all comments will be publicly available on the SEC's website.
Simple Explanation
Cboe EDGX Exchange wants to make some changes to how much people pay to connect to their system, and they're asking for people's opinions on these changes. They haven't said exactly how much more it will cost, and they haven't explained why they need to charge more or how it might help or hurt the people who use their system.