Search Results for keywords:"market technology improvements"

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Search Results: keywords:"market technology improvements"

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  • 2025-05451 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Monthly Fee for 10 Gb Physical Ports
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    Type:Notice
    Citation:90 FR 14293
    Reading Time:about 23 minutes

    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.

    Simple Explanation

    Cboe BZX Exchange wants to raise the monthly fee from $7,500 to $8,500 for the special internet connections used by people and companies to talk to the stock exchange, because they need more money to keep the technology working well and to make it better at handling trades. Some people are worried that they haven't explained clearly why they need to charge more or how it might be harder for smaller businesses to pay.

  • 2025-05454 — Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule To Modify Logical Port Fees
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    Type:Notice
    Citation:90 FR 14312
    Reading Time:about 14 minutes

    The Cboe EDGX Exchange, Inc. submitted a proposal to the Securities and Exchange Commission (SEC) to amend its fee schedule related to logical port fees. The changes involve increasing the monthly fees for various types of ports, including logical ports, spin ports, and bulk quoting ports. The Exchange believes the fee adjustments align with those of similar exchanges and will help improve its market technology and services without burdening competition. The proposal is open for public comments on the SEC's website until April 21, 2025.

    Simple Explanation

    The Cboe EDGX Exchange is telling the government about its plan to charge more money for using their special tech tools to do business, and they think it's fair because other places charge the same. People can tell the government if they think it's a good idea or not until April 21, 2025.

  • 2025-05453 — Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Monthly Fee for 10 Gb Physical Ports
    💰
    Type:Notice
    Citation:90 FR 14278
    Reading Time:about 23 minutes

    The Cboe EDGX Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to raise the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This increase is intended to help maintain and improve market technology and services. The Exchange argues that the price adjustment is in line with competitors and justified by inflation since the last fee change in 2018. The SEC is soliciting comments from the public on this proposed rule change.

    Simple Explanation

    The Cboe EDGX Exchange wants to charge more money each month for using certain high-speed internet connections, going from $7,500 to $8,500, because things have gotten more expensive since 2018 and this will help them keep their technology strong. They want people to tell them what they think about this idea.