Search Results for keywords:"Fee Structure"

The Cboe C2 Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to introduce a new service called the Cboe Timestamping Service. This service will provide two optional market data reports: the Missed Liquidity Report and the Cancels Report, offering timestamp information for orders, quotes, and cancels. The SEC is inviting comments from the public on this proposal by January 24, 2025. Members of the exchange can choose to purchase either one or both reports, and fees will be charged accordingly.

The National Securities Clearing Corporation (NSCC) proposed a rule change to modify its fee structure, specifically the Clearing Fund Maintenance Fee. The change aims to exclude cash deposits from Securities Financing Transaction (SFT) accounts from this fee, to encourage broader participation in the SFT clearing service by reducing economic burdens. This proposal is expected to have minimal financial impact on Members while fostering greater access to NSCC's services. The amendment is planned to take effect on January 1, 2025, pending further comments and approval.