2025-17103NoticeWallet

EDGX Exchange Fees Up: Pay for Those Order Cancellation Timestamps

Published Date: 9/8/2025

Notice

Summary

Starting August 25, 2025, Cboe EDGX Exchange is charging fees for its new All Cancels Report, which shows detailed timing info on canceled orders. This change affects traders and firms using the Cboe Timestamping Service, helping them track order activity better while paying a small new fee. The Exchange made this move to cover costs and keep the data service running smoothly.

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

All Cancels Report $1,500 Monthly Fee

If your firm is a Member of Cboe EDGX and subscribes to the All Cancels Report, the Exchange will charge a flat fee of $1,500 per month starting August 25, 2025. The fee is prorated for mid-month subscriptions, the report is optional, and a subscribing firm may cancel usage at any time.

New Report Gives Full Cancel Timing Data

The All Cancels Report provides subscribers a comprehensive view of cancel-related messages they originate, including message type, date, Recipient Firm ID, client identifier, Cboe Order ID, symbol, multiple Exchange system timestamps, matching unit number, queued flag, and port type. The report includes cancel, cancel rejected, and purge/mass cancel records regardless of timing or whether a trade occurred.

Your PRIA Score

Score Hidden

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.

Free to start

Key Dates

Effective Date
Published Date
8/25/2025
9/8/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
Source: View HTML

Related Federal Register Documents

Previous / Next Documents

Back to Federal Register

Take It Personal

Get Your Personalized Policy View

Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.

Already have an account? Sign in