Search Results for keywords:"Market Participants"

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Search Results: keywords:"Market Participants"

  • Type:Notice
    Citation:90 FR 8731
    Reading Time:about 3 minutes

    MIAX Emerald, LLC has submitted a proposal to the Securities and Exchange Commission (SEC) to amend its Fee Schedule. This change will introduce a fee for market participants who use the Exchange's testing systems environment via a dedicated cross connection. Filed under immediate effectiveness, this proposal is available for public comment, and interested parties can submit their views to the SEC by February 21, 2025. The full text of the proposal can be accessed on both the MIAX and SEC websites.

    Simple Explanation

    MIAX Emerald wants to start charging a fee for using a special connection to test their systems, and people can tell them what they think about this idea until February 21, 2025. But, the details about how much the fee will be and how it compares to other places aren't clear, and some important information might be hard to find or understand.

  • Type:Notice
    Citation:90 FR 8553
    Reading Time:about 2 minutes

    Cboe BZX Exchange, Inc. has proposed a rule change to remove the Non-Displayed Add Volume Tier 5 from its Fee Schedule. This proposal was filed with the Securities and Exchange Commission (SEC) and became immediately effective under certain provisions of the Securities Exchange Act. The SEC is inviting public comments on this proposed change, which can be submitted through their website or by mail. All comments should reference the specific file number associated with this rule change.

    Simple Explanation

    Cboe BZX Exchange decided to change their price list by getting rid of a special offer called Non-Displayed Add Volume Tier 5, and they told the government's SEC about it. The SEC is asking people to say what they think about this change, but they didn't explain why they made it or how it might affect everyone.

  • Type:Notice
    Citation:86 FR 4139
    Reading Time:about 16 minutes

    MIAX PEARL, LLC has submitted a proposal to the Securities and Exchange Commission to change its fee schedule for trading equities. The proposal suggests increasing the rebate for displayed orders adding liquidity in Tape B securities to $0.0035 per share and decreasing the fee for removing liquidity to $0.0027 per share, effective January 1, 2021. These changes aim to encourage more trading on the platform by offering better incentives compared to competitors. The proposed fee adjustments are intended to attract more order flow, boost liquidity, and enhance the trading opportunities available for market participants.

    Simple Explanation

    MIAX PEARL, LLC wants to change how much it costs to buy and sell certain stocks on their platform, making it cheaper to trade some stocks to get more people to trade with them. They're targeting a specific group of stocks called "Tape B" and hope that by offering better deals, more buyers and sellers will come to them.