Cboe Tweaks Fees for Those Risky Penny Stocks Under $1
Published Date: 2/20/2025
Notice
Summary
Cboe EDGA Exchange just changed its fees for trading stocks priced under $1.00, tweaking how much it costs to add or remove these tiny-priced stocks from the market. This update kicks in right away, affecting traders who deal with these penny stocks by changing their trading costs. Keep an eye out because the SEC might review or pause this change within 60 days.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Fee Change for Stocks Under $1.00
If you trade securities priced below $1.00, Cboe EDGA changed the rates charged to add or remove liquidity for those stocks. The change was filed on February 3, 2025 and was designated to take effect immediately; the SEC may review or temporarily suspend the change within 60 days.
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