Cboe Jacks Up Legacy Platform Fees: Traders Pay More for Nostalgia
Published Date: 2/18/2025
Notice
Summary
Cboe Exchange is raising the fee for using its Legacy Silexx Basic trading platform starting now. Traders and firms who use this platform will pay a bit more, so they should plan for the change. The update is effective immediately, but the SEC is open to feedback for the next 60 days.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Cboe Silexx Basic Platform Fee Increase
If you use Cboe Exchange's Legacy Silexx Basic trading platform, the Exchange increased the fee to use that platform effective immediately upon filing on February 3, 2025. Traders and firms who use the platform will pay more starting then. The SEC is accepting public comments for 60 days; comments must be submitted by March 11, 2025.
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