The Miami International Securities Exchange, LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) to update its fee schedule for proprietary market data feeds. They plan to introduce new fee categories for feeds, including "Top of Market" and "MIAX Order Feed." This proposal is effective immediately, and the SEC is inviting public comments on the change until April 9, 2025. Comments can be submitted via the SEC's website or through mail.
Simple Explanation
The Miami International Securities Exchange wants to change how much they charge for special information they give to people who use them. They plan to have new types of costs for this information, and everyone can talk about what they think until April 9, 2025, by telling the SEC.