Cboe Exchange Debuts Timestamping for Order Insights
Published Date: 1/23/2025
Notice
Summary
Cboe Exchange just launched a new Timestamping Service that gives traders detailed timing info on orders, quotes, and cancels. Members can pick one or both reports and pay fees based on their choice. This new service starts right away, helping market players track their trades more precisely and make smarter moves.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
New Cboe Timestamping Reports Launch
Cboe adopted a Timestamping Service made of two market-data reports: a Missed Liquidity Report (orders and quotes) and a Cancels Report (cancel messages). Orders include both complex and simple orders. The Exchange will launch these optional reports for Members on January 27, 2025.
Members Will Be Charged Report Fees
The two reports are optional and Members may choose one report, both reports, or neither; corresponding fees will be assessed based on the number of reports selected. The Exchange plans to submit a separate filing proposing the specific fees for the Missed Liquidity Report and Cancels Report.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in