2025-00176Notice

Stock Exchange Raises Fees for Mysterious 'Purge Ports'

Published Date: 1/8/2025

Notice

Summary

Cboe EDGX Exchange is raising the monthly fee for Purge Ports starting January 2, 2025. This change affects traders and firms using these ports to clear orders faster, meaning they'll pay a bit more each month. The new fee kicks in immediately, so users should be ready for the update!

Analyzed Economic Effects

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

Purge Port Monthly Fee Increase

If you are a trader or firm that uses Cboe EDGX Exchange Purge Ports to clear orders faster, the Exchange increased the monthly fee for those ports effective January 2, 2025. The change was filed on December 20, 2024 and took effect immediately, so users will begin paying the higher monthly charge starting in January 2025.

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Key Dates

Effective Date
Published Date
1/2/2025
1/8/2025

Department and Agencies

Department
Independent Agency
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