2025-22467Notice

Stock Exchange Does Spring Cleaning On Fee Rules

Published Date: 12/11/2025

Notice

Summary

Investors Exchange (IEX) is cleaning up its fee schedule by removing old, outdated language about fees that started on October 1, 2025. This change won’t affect any current fees or costs but makes the rules clearer for everyone using the exchange. The update took effect right away on December 2, 2025, so no waiting around!

Analyzed Economic Effects

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

Obsolete Fee Language Removed

IEX removed an obsolete sentence from the Connectivity Fees and Market Data Fees sections of its Fee Schedule to reduce confusion. The change does not alter any current fees or costs and became operative upon filing on December 2, 2025.

October 1, 2025 Fee Changes Noted

The filing notes that fee changes for Logical Order Entry Ports (monthly fees) and a new fee for real-time access to the DEEP+ market data product became operative on October 1, 2025. Those fee changes were reflected in the Fee Schedule as of October 1, 2025.

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Key Dates

Effective Date
Published Date
12/2/2025
12/11/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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