# 2025-15168: Exchange Fees Get a Sneaky Rate Tweak for Traders

2025-15168, Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule by Revising the Rate Associated With the Cross Asset Tier, is a Federal Register notice from Securities and Exchange Commission published 2025-08-11, effective 2025-08-01; PRIA reads it as touching household money (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-15168
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-15168
- Title: Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule by Revising the Rate Associated With the Cross Asset Tier
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 38671
- Published: 2025-08-11
- Effective: 2025-08-01
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

Exchange Fees Get a Sneaky Rate Tweak for Traders

## Summary

Cboe BZX Exchange is changing the fees for its Cross Asset Tier starting August 1, 2025. This update affects traders using the BZX equities platform by adjusting the rates they pay, helping the Exchange stay competitive. If you trade on BZX, keep an eye on these new fees to understand how they might impact your costs.

## Effects PRIA read

- Cross Asset Tier Rebate Reduced: cost, low. If you trade on Cboe BZX and qualify for the Cross Asset Tier, the enhanced rebate for orders appended with fee codes B, V, and Y in securities priced at or above $1.00 is reduced from $0.0032 per share to $0.0027 per share effective August 1, 2025. This change applies only to orders that meet the…

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## Sources
- [2025-15168 on federalregister.gov](https://www.federalregister.gov/documents/2025/08/11/2025-15168/self-regulatory-organizations-cboe-bzx-exchange-inc-notice-of-filing-and-immediate-effectiveness-of)
- [2025-15168 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-08-11/pdf/2025-15168.pdf)

## Related
- [Previous: 2025-15167, Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and I…](https://policyrisk.com/federal-register/2025-15167)
- [Next: 2025-15169, Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing an…](https://policyrisk.com/federal-register/2025-15169)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-15168 (as of 2026-06-08).