Cboe Updates Fees Schedule with Non-Substantive Technical Tweaks
Published Date: 3/5/2026
Notice
Summary
Cboe Exchange is updating its fees schedule with some technical tweaks that don’t change the actual costs. These small fixes help keep things clear and accurate for traders and firms using the platform. The changes took effect right away on February 25, 2026, so everyone should check the updated schedule to stay in the know.
Analyzed Economic Effects
5 provisions identified: 2 benefits, 3 costs, 0 mixed.
RUT Routing Fee Listed ($1.25/contract)
Cboe added fee code "RR" to its Routing Fees table for Non-Customer, Routed Russell 2000 (RUT) option orders, which assesses a fee of $1.25 per contract. This change is effective February 25, 2026.
Fees Schedule Clarified; No Fee Changes
Cboe updated its Fees Schedule with a number of technical, non-substantive corrections and clarifications that became effective February 25, 2026. The Exchange states these edits do not change any fees assessed or affect trading on the Exchange.
Fingerprint Fees Updated to Mirror FINRA/FBI
Cboe updated its Fees Schedule to mirror FINRA/FBI fingerprint processing fees: the FBI fee is listed as $10 per fingerprint (effective January 1, 2025), FINRA electronic processing $20, FINRA non-electronic $30, and processing where prints came from a non-FINRA SRO $30. The Exchange notes it does not collect or retain these fees.
VIX Market‑Maker Fee Reduction Threshold Lowered
Cboe amended Footnote 43 to state that Market‑Maker transaction fees in VIX where the VIX premium is >= $0.11 (changed from >= $1.00) will be reduced from $0.23 per contract to $0.05 per contract if executed by the Market‑Maker in open outcry against a complex order with 3 or more legs and contra order quantity >= 5,000 contracts.
Complex Surcharge Clarified to Cover M AIM Responses
Cboe clarified that the Complex Surcharge (assessed per contract per side for certain non‑Customer complex order executions and auction responses) will apply to M capacity (Market‑Maker) AIM responses in Penny and Non‑Penny classes. This clarification is effective February 25, 2026.
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