# 2026-11812: Cboe EDGA Introduces Fees for New Clock Tool

2026-11812, Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for Its New Clock Service, is a Federal Register notice from Securities and Exchange Commission published 2026-06-12, effective 2026-05-18; PRIA reads it as touching household money (as of 2026-06-19).

- Canonical: https://policyrisk.com/federal-register/2026-11812
- As of: 2026-06-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-11812
- Title: Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for Its New Clock Service
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 35773
- Published: 2026-06-12
- Effective: 2026-05-18
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-06-19

## In one line

Cboe EDGA Introduces Fees for New Clock Tool

## Summary

Cboe EDGA Exchange just rolled out a new Clock Service to help traders sync their time systems perfectly. Starting May 18, 2026, users can try it for free, but after that, there will be fees for using this handy tool. This change affects anyone who wants precise timing for trading and keeps things running smoothly.

## Effects PRIA read

- Monthly Clock Service Fee: cost, high. Starting May 18, 2026, the Exchange charges $7,500 per month for its Cboe Clock Service. The fee includes a single 1 Gbps physical port and the service can be used to connect to all eight Cboe exchanges; subscribing firms (Members and non-Members) may cancel at any time.
- Optional Redundant Connection Fee: cost, high. The Exchange offers an optional redundant Clock Service connection (an extra 1 Gbps physical port) for $2,500 per month. Firms may purchase multiple secondary connections if they choose.
- One-Time HATI Licensing Fee: cost, high. Firms that do not use a Safran White Rabbit switch must pay a one-time High-Accuracy Timing IP Core (HATI) licensing set-up fee of $5,000 per physical connection to enable their device for the Clock Service.
- 30-Day Free Trial and Proration Rules: benefit, high. New subscribers get a 30-day free trial of the Clock Service fee only; first-time subscribers still must pay any one-time HATI set-up fees and fees for any additional connections. Monthly fees are prorated for mid-month starts, but the one-time HATI fee is not prorated.
- High-Precision Time Synchronization Capability: benefit, medium. The Clock Service provides White Rabbit time signals over a 1 Gbps port so subscribers can synchronize their primary clocks to the Exchange's clock at a more granular level, enabling sub-nanosecond-level latency measurements between a firm's systems and the Exchange.

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## Sources
- [2026-11812 on federalregister.gov](https://www.federalregister.gov/documents/2026/06/12/2026-11812/self-regulatory-organizations-cboe-edga-exchange-inc-notice-of-filing-and-immediate-effectiveness-of)
- [2026-11812 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-06-12/pdf/2026-11812.pdf)

## Related
- [Previous: 2026-11811, Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and I…](https://policyrisk.com/federal-register/2026-11811)
- [Next: 2026-11813, Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing and Im…](https://policyrisk.com/federal-register/2026-11813)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-11812 (as of 2026-06-19).