The Cboe EDGX Exchange, Inc. is proposing a new fee structure for users wishing to purchase Dedicated Cores instead of sharing CPU resources. These Dedicated Cores can enhance trading performance by reducing latency and improving throughput. They are optional, and users can choose to stick to shared resources. The first two Dedicated Cores are free, while additional cores incur progressive fees. The proposal aims to manage the finite CPU resources fairly and is part of the exchange's efforts to keep up with growing user demand.
Simple Explanation
In this document, the Cboe EDGX Exchange says that companies can pay extra money to use special computer parts called Dedicated Cores to make their trading faster. The first two are free, but if they want more, they have to pay more.