Search Results for keywords:"competitive fees"

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Search Results: keywords:"competitive fees"

  • Type:Notice
    Citation:90 FR 11443
    Reading Time:about 3 minutes

    The Securities and Exchange Commission has announced that the Cboe BZX Exchange, Inc. filed a proposal on February 14, 2025, to increase the monthly fee for 10 Gb physical ports. This proposal is immediately effective as per certain rules in the Securities Exchange Act of 1934. The public is invited to submit comments on whether this rule change complies with the Act by March 27, 2025. More details and updates can be found on the SEC and Cboe websites.

    Simple Explanation

    The Cboe BZX Exchange wants to charge more each month for a specific type of internet connection they offer. The Securities and Exchange Commission is asking people to share their thoughts by March 27, 2025, about whether this price increase is fair.

  • Type:Notice
    Citation:90 FR 13902
    Reading Time:about 23 minutes

    The Securities and Exchange Commission has announced that the Cboe BZX Exchange, Inc. plans to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This change aims to help the exchange maintain and update its technology while keeping its fees competitive compared to other exchanges. The exchange has noted that this increase accounts for inflation and is consistent with improvements made in their services. Public comments are invited on this proposed rule change.

    Simple Explanation

    The SEC says that a place where people trade stocks, called Cboe BZX Exchange, is going to ask for $1,000 more each month for a special connection that helps them trade faster, to pay for better technology. They want to make sure their fees are fair compared to others and want people to tell them what they think about this.