24X Exchange Hits Members with New $200 Monthly Fee
Published Date: 9/19/2025
Notice
Summary
Starting October 1, 2025, 24X National Exchange will charge its members a $200 monthly fee to stay active. This new rule means anyone who’s a member will pay this fee at the start of each month. It’s a simple change to help the Exchange keep things running smoothly and fairly.
Analyzed Economic Effects
5 provisions identified: 2 benefits, 3 costs, 0 mixed.
New $200 Monthly Membership Fee
Starting October 1, 2025, 24X National Exchange will charge each active Member a $200 Monthly Membership Fee assessed at the close of business on the first business day of every month.
Fee Assessed at Month Start
The Monthly Membership Fee is assessed to Members who are 'active' at the close of business on the first business day of each month (e.g., October 1, 2025 for October).
No Other Membership-Related Fees Contemplated
The Exchange states it does not presently charge and does not presently contemplate charging application fees, trading rights or trading permit fees, market participant identifier (MPID) fees, or 'headcount' fees.
No Proration of Monthly Fee
The Monthly Membership Fee will not be prorated; Members assessed the fee for a month pay the full $200 regardless of when during that month they became active.
Exemption While Voluntary Termination Is Pending
If a Member has a voluntary termination of rights pending under Exchange Rule 2.8 and does not use the Exchange's facilities while that termination is pending, the Member will not be obligated to pay the Monthly Membership Fee.
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