Search Results for keywords:"physical port fees"

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Search Results: keywords:"physical port fees"

  • Type:Notice
    Citation:89 FR 106663
    Reading Time:about 20 minutes

    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.

    Simple Explanation

    The Cboe EDGX Exchange wants to charge a bit more money each month for people using special internet lines called "10 Gb physical ports" to make sure all their technology stays strong and up-to-date. They are asking everyone what they think about this change.

  • Type:Notice
    Citation:89 FR 105650
    Reading Time:about 21 minutes

    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.

    Simple Explanation

    The Cboe BZX Exchange wants to charge more money each month for using their special internet connections to help pay for better equipment and new buildings. They promise they're still cheaper than other places, and they're asking people to share what they think about this change.

  • Type:Notice
    Citation:89 FR 106671
    Reading Time:about 20 minutes

    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.

    Simple Explanation

    The Cboe EDGA Exchange wants to make it cost more to connect to their system, like charging $8.5 instead of $7.5 to use a special fast cable. They say it's to keep everything working nicely and because they have spent money to make things better, but some people think they should explain more about why they need this extra dollar.

  • Type:Notice
    Citation:89 FR 106644
    Reading Time:about 20 minutes

    The Cboe BYX Exchange, Inc. has proposed a rule change to increase the monthly fee for its 10 gigabit physical port connections from $7,500 to $8,500. This fee adjustment is intended to help the Exchange maintain and improve its technology infrastructure. The Exchange argues that the increased fee is still competitive compared to similar fees charged by other exchanges and that it has not changed this fee since 2018 despite inflation. The proposal is currently open for public comments, with a submission deadline of January 21, 2025.

    Simple Explanation

    The Cboe BYX Exchange wants to raise the cost of a special internet connection from $7,500 to $8,500 a month to help keep things running smoothly. They say this higher price is still good compared to others, but some people are worried it might make things harder and more expensive for smaller companies wanting to join in.

  • Type:Notice
    Citation:89 FR 106681
    Reading Time:about 21 minutes

    The Cboe C2 Exchange, Inc. has submitted a proposal to increase fees for 10 gigabit (Gb) physical ports from $7,500 to $8,500 per month. This change is intended to help maintain and improve the Exchange's technology and services. The Exchange argues that the increase is justified due to inflation and significant investments made to enhance service quality. The new fee structure will apply uniformly to all users and allows them to access multiple affiliated exchanges without additional costs.

    Simple Explanation

    The Cboe C2 Exchange is raising the cost to use a special kind of internet plug from $7,500 to $8,500 each month to make sure their service stays good and fast. They say this is because things have gotten more expensive and they're spending more money to improve things, but how they will use the extra money isn't explained clearly.

  • Type:Notice
    Citation:89 FR 106700
    Reading Time:about 21 minutes

    Cboe EDGX Exchange, Inc. has proposed a change to its fee schedule, specifically increasing the cost of 10 gigabit (Gb) physical connectivity ports from $7,500 to $8,500 per month. This fee adjustment is intended to support the maintenance and improvement of market technology and services while staying competitive compared to fees charged by other exchanges. The proposed change is also meant to reflect inflation and investments the Exchange has made since the last fee adjustment in 2018. The Securities and Exchange Commission is seeking public comments on this proposal until January 21, 2025.

    Simple Explanation

    Cboe EDGX Exchange wants to raise the price for a type of internet connection used in trading from $7,500 to $8,500 each month, to help keep their technology up-to-date and cover costs. They are asking people to share their thoughts about this price change before making it final.