Search Results for keywords:"fee increase"

Cboe EDGA Exchange, Inc. proposed a rule change to increase the monthly fee for a 10-gigabit physical port from $7,500 to $8,500. This change is intended to help maintain and improve the exchange's market technology, and it aligns with fees charged by other exchanges. The exchange also highlighted its significant investments in upgrading its systems and accommodating new data centers as a reason for the fee increase, which they believe is reasonable given the inflation and enhancements in service quality. The Securities and Exchange Commission is seeking public comments on this proposal.

Cboe BZX Exchange, Inc. proposed a rule change to increase the monthly fee for 10 Gb physical ports. The Securities and Exchange Commission (SEC) received this proposal on February 14, 2025, and it is effective immediately. The SEC is seeking comments from the public on whether this change aligns with the Securities Exchange Act of 1934. Comments can be submitted online, by email, or by mail to the SEC before March 19, 2025.

Nasdaq PHLX LLC has proposed changes to its fees for data products related to options trading. The changes would increase monthly fees for Internal and External Distributors for the Top of PHLX Options (TOPO), PHLX Orders, and TOPO Plus Orders, while keeping the fees for Non-Professional and Professional Subscribers the same. The proposal highlights that these changes will align Nasdaq PHLX's fees with those of other exchanges, and aims to provide a fair allocation of costs among users. The Securities and Exchange Commission is reviewing the proposed changes and seeking public comment before making a final decision.

Cboe BZX Exchange, Inc. has proposed a rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. These ports are used by members and non-members to connect to the exchange. The increase is intended to help maintain and improve market technology and services, as well as keep fees in line with or lower than similar charges by other exchanges. The notice invites public comments and explains the rationale behind the fee change, such as inflation impacts and investments in technology improvements.

The Cboe BZX Exchange, Inc. has proposed a rule change related to fees for connecting to its network, specifically increasing the cost of 10 gigabit (Gb) physical ports from $7,500 to $8,500 per month. This change aims to account for inflation and reflects investments in the Exchange's infrastructure, like upgraded switch hardware and new data centers, which enhance service quality and capacity. The Exchange argues that even with the fee increase, their pricing remains competitive with other exchanges. Public comments on this proposed change are solicited by the Securities and Exchange Commission.

Nasdaq BX, Inc. has filed a notice with the Securities and Exchange Commission to increase fees for its Specialized Quote Feed (SQF) Ports and SQF Purge Ports by 10% and 9%, respectively. The proposed changes are intended to help Nasdaq BX cover costs incurred from technology upgrades and to better align with inflation rates in the industry over recent years. These fees, which were last raised in 2016 and 2018, impact Market Makers who use these ports for trading on the exchange. The proposal claims these increases are fair and ensure continued investment in technology, benefiting participants by providing enhanced trading services.

The Cboe EDGX Exchange, Inc. has filed a notice with the Securities and Exchange Commission about changes it is proposing to the fees associated with its EDGX Top Feed data product. These changes include an increase in fees for internal distribution of the data from $500 to $750 per month and the introduction of a $4 monthly fee for each professional user accessing the data internally. The Exchange argues that these fees are competitive when compared to similar products by other exchanges and that this change aligns with their goal of providing valuable market data while operating in a competitive environment. The proposed rule change has taken effect and is open for public comments.

Cboe BZX Exchange, Inc. has proposed a rule change to modify the fees for their BZX Top Feed, which provides up-to-date quotations and trading information. They plan to increase the monthly cost of distributing this data internally within a company to $750, and introduce a fee of $4 per month for each professional user accessing this data internally. External distribution fees remain unchanged. This change aims to ensure fair compensation for the data provided while keeping it accessible to various market participants at competitive prices compared to similar offerings from other exchanges.

Cboe EDGX Exchange, Inc. has proposed a change to increase the monthly fees for their 10 Gb physical ports. This proposal was filed with the Securities and Exchange Commission (SEC) and has been designated for immediate effect. The SEC is now inviting public comments on whether this fee increase aligns with the requirements of the Securities Exchange Act of 1934. Interested parties can submit their thoughts electronically or by mail by March 19, 2025.

The Cboe EDGX Exchange, Inc. has proposed a rule change to increase the monthly fee for 10 gigabit (Gb) physical ports from $7,500 to $8,500. This fee is charged to both members and non-members who use these ports to connect to the exchange's data centers. The Exchange argues that the fee increase is necessary to help maintain and improve their market technology and services, and remains competitive compared to fees charged by other exchanges. The proposed change aims to reflect the costs of inflation and investments made in enhancing their systems over the years. The public has been invited to submit comments on this change.