# 2026-22653: Cboe BZX Offers More Options Trade Detail for a Fee

2026-22653, Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Introduce a Trade-by-Trade Report for BZX Options and To Amend Its Fee Schedule To Adopt Fees for the Trade-by-Trade Report, is a Federal Register notice from Securities and Exchange Commission published 2026-11-06, effective 2026-10-21; PRIA reads it as touching household money (as of 2026-11-06).

- Canonical: https://policyrisk.com/federal-register/2026-22653
- As of: 2026-11-06
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-22653
- Title: Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Introduce a Trade-by-Trade Report for BZX Options and To Amend Its Fee Schedule To Adopt Fees for the Trade-by-Trade Report
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 70109
- Published: 2026-11-06
- Effective: 2026-10-21
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-11-06

## In one line

Cboe BZX Offers More Options Trade Detail for a Fee

## Summary

Cboe BZX Exchange is rolling out a new Trade-by-Trade report for its options market to give traders clearer, detailed info on each trade. Along with this, they’re updating their fee schedule to include charges for accessing this new report. These changes kick in right away, affecting anyone trading or tracking BZX options and adding a small cost for the fresh data.

## Effects PRIA read

- New overnight trade-by-trade options data: benefit, medium. The Exchange will offer a Trade-by-Trade (TBT) Report for BZX Options that lists each options trade as a separate row (time, underlying symbol, OSI details, size, price, market context, buy/sell, opening/closing, origin). The TBT Report is produced and updated at the end of each trading day and mad…
- High subscription cost for TBT Report: cost, high. The Exchange will charge $6,000 per month for a subscription to the TBT Report and $4,000 per month for ad hoc requests (ad hoc requests can cover any months available beginning March 1, 2019). Mid-month subscriptions or ad hoc historical requests will be prorated. The Exchange will also offer a fr…
- Options members get execution ID linkage: benefit, low. For subscribers that are Options Members, the TBT Report will include that Options Member's execution IDs for both Simple Book and Complex Order Book trades, which supports linkage and reconstruction of a member's trading activity.

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## Sources
- [2026-22653 on federalregister.gov](https://www.federalregister.gov/documents/2026/11/06/2026-22653/self-regulatory-organizations-cboe-bzx-exchange-inc-notice-of-filing-and-immediate-effectiveness-of)
- [2026-22653 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-11-06/pdf/2026-22653.pdf)

## Related
- [Previous: 2026-22652, Self-Regulatory Organizations; Cboe C2 Exchange, Inc.; Notice of Filing and Imm…](https://policyrisk.com/federal-register/2026-22652)
- [Next: 2026-22654, Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and I…](https://policyrisk.com/federal-register/2026-22654)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-22653 (as of 2026-11-06).