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.
Simple Explanation
Cboe EDGX Exchange wants to raise the price for using their special internet connections, and people can tell the SEC if they think this price change is good or bad until March 19, 2025.