2025-04235Notice

Cboe EDGX Shuffles Fee Discounts: Traders Check Your Volume Now

Published Date: 3/17/2025

Notice

Summary

Cboe EDGX Exchange just updated its fee schedule by changing the rules for two trading volume discounts: Remove Volume Tier 2 and Retail Volume Tier 1. This affects traders who qualify for these discounts, possibly changing how much they pay in fees starting immediately. The SEC is now asking for public feedback but the new rules are already in effect.

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Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Exchange Fee Tier Criteria Change

On March 7, 2025, Cboe EDGX changed the eligibility rules for two fee discounts: Remove Volume Tier 2 and Retail Volume Tier 1. Traders who meet (or no longer meet) the new criteria may see their trading fees change starting immediately. The SEC is soliciting public comments on the change through April 7, 2025.

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Key Dates

Effective Date
Published Date
3/7/2025
3/17/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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