2025-14661NoticeWallet

Cboe Jacks Up Fees for Speedy Trading Ports – Wallets Beware

Published Date: 8/4/2025

Notice

Summary

Cboe BZX Exchange is raising the monthly fee for its 10 Gb physical ports, which traders and firms using these fast connections will pay. This change kicks in right away, meaning users should expect higher bills starting now. It’s all about keeping the tech running smoothly while covering costs.

Analyzed Economic Effects

3 provisions identified: 2 benefits, 1 costs, 0 mixed.

10 Gb Port Monthly Fee Rises $1,000

If your firm or trading operation buys a 10 Gb physical port from Cboe BZX, the monthly fee increased from $7,500 to $8,500 per port. The change was filed on July 29, 2025 and took effect immediately, so users should expect higher bills starting now.

One 10 Gb Port Fee Covers Multiple Affiliates

A single 10 Gb physical port to Cboe BZX can be used to access its affiliated exchanges (BYX, EDGX, EDGA, C2) and only one monthly fee applies per 10 Gb port regardless of how many Affiliate Exchanges are accessed through that port. That single-fee structure continues under the amended fee schedule.

1 Gb Port Pricing Left Unchanged

Cboe BZX is keeping the monthly fee for 1 Gb physical ports at $2,500 per port. Firms with modest capacity needs can continue to use the 1 Gb option at the existing price.

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Key Dates

Effective Date
Published Date
7/29/2025
8/4/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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