Cboe Jacks Up Prices on Legacy Trading Platforms
Published Date: 6/11/2025
Notice
Summary
Starting June 2, 2025, Cboe Exchange is raising fees for certain older versions of its Silexx trading platform, called the Legacy Platforms. Traders using these versions will pay more to keep using them, while newer platform users aren’t affected. This change helps Cboe keep up with costs and encourages users to upgrade to the latest tech.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 2 costs, 0 mixed.
Monthly Fee Hike for Legacy Silexx
Starting June 2, 2025, Cboe is raising monthly fees per Login ID for certain Legacy Silexx platforms: Basic rises from $625 to $938, Pro rises from $625 to $938, and Buy‑Side Manager rises from $475 to $715. These higher monthly charges apply to users who continue using those Legacy Platform versions.
Pro Plus Risk Fee Remains Unchanged
Effective June 2, 2025, the monthly fee for the Pro Plus Risk Legacy Platform will remain $950 and will not be increased at this time. The Exchange states this change is to mitigate costs for Pro Plus Risk users who cannot yet disable certain logins.
Legacy Platforms Planned Future Decommissioning
The Exchange states it plans to decommission the Legacy Platforms at a future, to‑be‑determined date, at which time those Legacy Platforms will be unavailable to users. The filing reiterates that use of the platform is voluntary until decommissioning occurs.
Newer Silexx Versions Not Affected
The fee changes apply only to Legacy Silexx platform versions; users of newer versions (Cboe Silexx and Silexx FLEX) are not affected by the June 2, 2025 fee changes. The Exchange is actively transitioning users from Legacy Platforms to the newer versions.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-10241 — Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the DTC Operational Arrangements (Necessary for Securities to Become and Remain Eligible for DTC Services)
The Depository Trust Company (DTC) is updating its rules to make it easier and clearer for agents handling corporate offers like tenders and subscriptions through its automated systems. This change affects companies and agents using DTC services to process these offers and starts right away with no extra costs. It’s all about smoother, faster, and more reliable processing for everyone involved!
2026-10244 — Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Fee Schedule Applicable to Members Concerning Equities Transaction Pricing
Investors Exchange (IEX) is updating its fee schedule starting June 1, 2026. Members who trade stocks will see changes in how they qualify for rebates and fee discounts based on their trading volume. These tweaks aim to make fees fairer and encourage more trading activity on the exchange.
2026-10245 — Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 3120 To Increase the Position and Exercise Limits for Options on the iShares Bitcoin Trust ETF
BOX Exchange is raising the limits on how many options traders can hold and exercise for the iShares Bitcoin Trust ETF. This change lets bigger players trade more freely and takes effect immediately, matching similar moves by other exchanges. If you trade these options, get ready for bigger opportunities starting now!
2026-10129 — The Goldman Sachs Group, Inc.
Goldman Sachs is asking the SEC for special permission to create investment funds just for its employees, letting them skip some usual rules. This change mainly affects Goldman Sachs workers and could speed up how these funds work without changing important protections. If no one objects by June 12, 2026, the SEC will approve this request.
2026-10168 — Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 17a-2
The SEC is asking to keep the rules that require underwriters to keep records about certain stock market activities for three years. About 647 companies spend around 3,235 hours and $530,000 yearly to follow these rules. This extension keeps things running smoothly without adding new costs or changes.
Previous / Next Documents
Previous: 2025-10527 — Self-Regulatory Organizations; National Securities Clearing Corporation; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of Proposed Rule Change, as Modified by Amendment No. 1, Concerning the Collection of Intraday Margin
The National Securities Clearing Corporation (NSCC) is updating how it collects money during the day to cover risks from trades, called intraday margin. This change helps keep the market safer and affects financial firms that use NSCC’s services. The Securities and Exchange Commission quickly approved this update, which starts soon and aims to better protect everyone without extra costs.
Next: 2025-10531 — Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of Proposed Rule Change as Modified by Amendment No. 1, Concerning the Collection of Intraday Margin
The Fixed Income Clearing Corporation (FICC) is updating its rules to collect margin payments during the trading day, helping manage risks better for government and mortgage-backed securities. This change affects financial firms using FICC’s services and aims to keep the market safer without adding extra costs. The Securities and Exchange Commission quickly approved this update, so it’s set to roll out soon!