Search Results for keywords:"Cboe EDGX Exchange"

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.

The Cboe EDGX Exchange, Inc. proposed changes to its Fee Schedule related to Add/Remove Volume Tiers. These updates include adjusting criteria for different tiers and raising certain rebates to incentivize members to increase their trading activity on the exchange. The goal is to enhance market quality by encouraging more order flow, ultimately benefiting all market participants. The Securities and Exchange Commission (SEC) is inviting public comments on this proposed rule change.

Cboe EDGX Exchange, Inc. has proposed a change to increase the monthly fees for their 10 Gb physical ports. This proposal was filed with the Securities and Exchange Commission (SEC) and has been designated for immediate effect. The SEC is now inviting public comments on whether this fee increase aligns with the requirements of the Securities Exchange Act of 1934. Interested parties can submit their thoughts electronically or by mail by March 19, 2025.

On January 24, 2025, the Cboe EDGX Exchange proposed a rule change to list options on the Fidelity Ethereum Fund, which was later amended and published on February 13, 2025. The Securities and Exchange Commission (SEC) did not receive any comments on the proposal. According to the Securities Exchange Act, the SEC has a set period to approve or disapprove such changes, which is normally 45 days. However, the SEC has decided to extend this timeframe to May 14, 2025, in order to allow more time to consider the proposal.

The Cboe EDGX Exchange, Inc. has submitted a proposal to update its fee schedule related to uncontrolled external distributors. The proposal introduces fee waivers to encourage new vendors to adopt and distribute the EDGX Top and Summary Depth data feeds, as well as the Cboe One Summary and Premium feeds, without being charged until they have at least one user. These waivers aim to assist distributors in managing initial costs while developing and integrating new data feeds for market data distribution. The Securities and Exchange Commission will review and solicit public comments on this proposal.

The Securities and Exchange Commission (SEC) has announced that the Cboe EDGX Exchange, Inc. has filed a proposed rule change. This change aims to align the exchange's rules for listing options with $1 strike prices with those of its affiliate, Cboe Exchange, Inc. The SEC has approved an immediate effect for this rule change, bypassing the usual 30-day waiting period, because it does not raise new regulatory concerns and helps ensure consistent rules across related exchanges. The public is invited to submit comments on this rule change by February 19, 2025.

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.

Cboe EDGX Exchange, Inc. has proposed changes to its compliance rules to align with an exemption from certain allocation reporting requirements granted by the Securities and Exchange Commission (SEC). This involves adjusting how the Exchange handles allocation reports by requiring brokers that perform allocations to client accounts to submit these reports. The goal is to simplify reporting obligations, reduce costs for brokers, and ensure that relevant trading data is efficiently reported without burdening brokers who don't perform allocations. The proposed changes aim to maintain regulatory effectiveness while making the process more practical for industry members.

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.

The Securities and Exchange Commission (SEC) has announced a proposed rule change submitted by Cboe EDGX Exchange, Inc., to list and trade options on the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. These proposed ETFs, backed by Ethereum, aim to give investors a more straightforward method to invest in Ethereum without handling the cryptocurrency directly. The rule change seeks to establish guidelines on listing, trading specifications, position and exercise limits, and ensures these options meet existing trading regulations. The SEC is open to public comments on this proposal as part of its decision-making process.