cboe fee codes

$1,000/month. A "Non-Professional User" of an Exchange Market Data product is a natural person or qualifying trust that uses Data only for personal purposes and not for any commercial purpose and, for a natural person who works in the United States, is not: (i) registered or qualified in any capacity with the Securities and Exchange Commission, the Commodities Futures Trading Commission, any state securities agency, any securities exchange or association, or any commodities or futures contract market or association; (ii) engaged as an "investment adviser" as that term is defined in Section 202(a)(11) of the Investment Advisors Act of 1940 (whether or not registered or qualified under that Act); or (iii) employed by a bank or other organization exempt from registration under federal or state securities laws to perform functions that would require registration or qualification if such functions were performed for an organization not so exempt; or, for a natural person who works outside of the United States, does not perform the same functions as would disqualify such person as a Non-Professional User if he or she worked in the United States. Remove liquidity in securities priced below $1.00 for Parallel D, Parallel 2D, ROUT, ROUX, and Post to Away routed executions: 0.30% charge of the total dollar value. The rates listed in the Standard Rates table apply unless a Member’s transaction is assigned a fee code other than a standard fee code. Particularly, the Exchange proposes to adopt fee code “RX”, which would be appended to Customer orders routed in Mini-SPX Index (“XSP”) options 5 and assessed a fee of $0.19, and fee code “RS”, New External Distributors of the BZX Summary Depth Feed will not be charged an External Distributor Fee for their first one (1) month in order to allow them to enlist new Users to receive the BZX Summary Depth Feed. The Standard VX futures TPH fee code ("XP") is the default transaction fee code that applies if a TPH's Spread Order with Weekly VX futures legs trades … ** Each External Distributor will be eligible to receive a credit against its monthly Distributor Fee for the BZX Summary Depth Feed equal to the amount of its monthly User Fees up to a maximum of the External Distributor Fee for the BZX Summary Depth Feed. If a Member's transaction is assigned a fee code other than a standard fee code, the rates listed in the Fee Codes table will apply. MPID has an ADAV as a percentage of ADV ≥ 90%. A Professional User of an Exchange Market Data product is any User other than a Non-Professional User. Add liquidity to BZX for securities priced below $1.00: $0.00009 rebate. Subscribers to BZX Last Sale may also receive, upon request and at no additional charge, access to BZX Top (as described in Rule 11.22(d)). Match capacity fees are assessed based on capacity (i.e., messages per second) requested for order entry in the primary data center. Fee codes applicable to orders routed to NYSE Arca will be applied to orders routed to the NYSE or NYSE American where, pursuant to NYSE and NYSE American Rule 49, the NYSE or NYSE American have designated NYSE Arca as their backup facility to receive and process bids and offers and to execute orders on behalf of the NYSE or NYSE American. $0.70. Fee Code Description Fee/(Rebate) BA: Broker-Dealer, Away Market-Maker, Manual: 0.25 BB: Non-Customer, Non-Market-Maker, Non-Firm, Electronic, Penny: 0.47 BC: Non-Customer, Non-Market-Maker, Non-Firm, Electronic, Non-Penny: 0.75 New External Distributors of the Cboe One Summary Feed will not be charged an External Distributor Fee for their first one (1) month in order to allow them to enlist new Users to receive the Cboe One Summary Feed. $500. An Internal Distributor of an Exchange Market Data product is a Distributor that receives the Exchange Market Data product and then distributes that data to one or more Users within the Distributor's own entity. "Setter Add TCV" means average daily added volume calculated as the number of displayed shares added that establish a new NBBO as a percentage of TCV. Send Print Report * New External Distributor Credit. Technical Specifications. Note: The Exchange will pass-through in full any fees or costs in excess of $1,000.00 incurred by the Exchange to complete a cross-connect. Distributor is a broker-dealer distributing Cboe One Summary Data to Non-Professional Data Users with whom the broker-dealer has a brokerage relationship. All references to "per share" mean "per share executed.". MPID has an ADAV as a percentage of TCV ≥ 0.75%; and. Cboe EDGX Options Exchange Fee Schedule. Since 1985, the Options Institute at Cboe has been dedicated to helping advisors build their businesses. Subscribers to BZX Top may also receive, upon request and at no additional charge, access to BZX Last Sale (as described in Rule 11.22(g)). Please contact the Trade Desk or your Business Development contact for support or with any questions. If a Member’s transaction is assigned a fee code other than a standard fee code, the rates listed in the Fee Codes table will apply. An “API Service” is a type of data feed distribution in which a Distributor delivers an API or similar distribution mechanism to a third-party entity for use within one or more platforms. All Cboe-listed securities will be LMP Securities immediately upon listing on the Exchange. The Exchange excludes from its calculation of TCV volume on any day that the Exchange experiences an Exchange System Disruption, on any day with a scheduled early market close and the Russell Reconstitution Day. Symbol Directory; New Listings & Series; Cboe Expiration & Holiday Calendars; CFE Expiration & Holiday Calendars; CFE Brokers; Cycles & Month Codes; Cboe System Status; Fee Schedules; Option Class Delistings; Contract Specs and Trading Hours; Trader Incentive Programs; Related. (i) Member is enrolled in at least 50 BZX-listed LMP Securities, for which it meets the following criteria for at least 50% of the trading days in the applicable month: (ii) Member adds a Tape B ADV ≥ 0.50% of the Tape B TCV. Cboe EDGA U.S. Equities Exchange Fee Schedule. Symbol Directory; New Listings & Series; Cboe Expiration & Holiday Calendars; CFE Expiration & Holiday Calendars; CFE Brokers; Cycles & Month Codes; Cboe System Status; Fee Schedules; Option Class Delistings; Contract Specs and Trading Hours; Trader Incentive Programs; Related. Member adds an ADV ≥ 0.70% of the TCV; and, Member adds an ADV ≥ 0.12% of the TCV as Non-displayed orders that yield fee codes HB, HI, HV or HY, MPID has a Step-Up Add TCV from May 2019 ≥ 0.10%; and, MPID has an ADAV as a percentage of TCV ≥ 0.30%; and. **** As an alternative to User fees, a recipient firm may purchase a monthly Digital Media Enterprise license to receive BZX Book Viewer from an External Distributor for distribution to an unlimited number of Users for viewing via television, websites, and mobile devices for informational and non-trading purposes only. Remove liquidity in securities priced below $1.00 for Parallel T and SWPA routed executions: 0.33% charge of the total dollar value. Multicast PITCH is available through one of two primary feeds, either the A or C feed. Unless otherwise noted, all routing fees or rebates in the Fee Codes and Associated Fees table are for removing liquidity from the destination venue. Cboe BZX Options Exchange Fee Schedule. A "White Label Service" is a type of hosted display solution in which a Distributor hosts or maintains a website or platform on behalf of a third-party entity. $75 prime rate. Providing education, case studies, business development resources and more, the Options Institute helps advisors understand the tactical benefits options can provide for their portfolio management strategies. Cboe Trader E-News for Friday, December 11, 2020; December 10, 2020. LMMs in BZX-listed securities will receive the following additional rebate when adding displayed liquidity: Applicable to the following fee codes: B, V, and Y, Applicable to the following fee codes: V and HV, Applicable to the following fee codes: B and HB, Applicable to the following fee codes: Y and HY. Purge and market data logical port fees are limited to logical ports within the primary data center. Unless otherwise indicated, rebates and charges for adding, removing or routing liquidity are listed as per share rebates and charges. With prior notice to the Exchange, a Member may aggregate ADAV or ADV with other Members that control, are controlled by, or are under common control with such Member (as evidenced on such Member's Form BD). Cboe Exchange, Inc. Fees Schedule - [December 20, 2019] January 2, 2020 SR-CBOE-2020-001 37 of 37 37 Width Size Width Size Width Size Width Size $0.00 - $5.00 $3.00 5 $1.50 20 $2.50 15 $5.00 10 Internal Distribution14 $175/month B. Effective March 2, 2020. A recipient firm must pay a separate Enterprise Fee for each Distributor that controls the display of the BZX Depth Feed if it wishes such User to be covered by the Enterprise Fee. *** As an alternative to User fees, a recipient firm may purchase a monthly Enterprise license to receive the BZX Depth Feed from a Distributor for distribution to an unlimited number of Professional and Non-Professional Users. 2016 Adobe Acrobat PDF. A recipient firm must pay a separate Enterprise Fee for each Distributor that controls the display of the Cboe One Feed if it wishes such User to be covered by the Enterprise Fee. Updated Fee Codes: The following base fee codes will be updated. 50% of standard price. Remove liquidity from BZX for securities priced below $1.00: 0.30% charge of the total dollar value. A recipient firm must pay a separate Enterprise Fee for each External Distributor that controls the display of BZX Top if it wishes such User to be covered by BYX Base Fee Code Update The base BYX Remove Rebate will be updated as detailed below (applicable fee codes N, W, BB). In order to qualify for the exemption, the subscriber must meet the following requirements: (i) any subscriber applications that utilize BZX Depth must be hosted within the Managed Non-Display Service Provider's space/cage; (ii) the subscriber's access to BZX Depth is fully managed and controlled by the Managed Non-Display Service Provider, and no further redistribution of the Exchange Data internally or externally is permitted; and (iii) the subscriber is supported solely by one Managed Non-Display Service Provider, is not hosted by multiple Managed Non-Display Service Providers, and does not have their own data center-hosted environment that also receives BZX Depth. The Exchange next proposes to adopt an Add Volume Tier, Tier 1 and Remove Volume Tier, Tier 1 (under new footnote 7). Effective Tuesday, January 2, 2018, Cboe will introduce the following pricing changes on the BYX Exchange subject to regulatory review. The Enterprise Fee is in addition to the Distributor Fee. 2019 Adobe Acrobat PDF. October 23, 2020 . *****As an alternative to User fees, a recipient firm may purchase a monthly Digital Media Enterprise license to receive the Cboe One Feed from an External Distributor for distribution to an unlimited number of Users for viewing via television, websites, and mobile devices for informational and non-trading purposes only. All secondary feed Multicast PITCH Spin Server and GRP Ports are provided for redundancy at no additional cost. Click here for details. Cboe FX brings the powerful benefits of an independent, transparent ECN marketplace structure to institutional foreign exchange trading. Updated Fee Codes: The following base Fee Codes will be updated. Such LMP Securities will include all Cboe-listed ETPs and certain non-Cboe-listed ETPs for which the Exchange wants to incentivize Members to provide enhanced market quality. $2,500 (one time) Description Fee Frequency Fee. Cboe Options Fees Schedule, Rate Table – All Products Excluding Underlying Symbol List A. The rates listed in the Standard Rates table apply unless a Member’s transaction is assigned a fee code other than a standard fee code. A Distributor of an Exchange Market Data product is any entity that receives the Exchange Market Data product directly from the Exchange or indirectly through another entity and then distributes it internally or externally to a third party. *New External Distributor Credit. **** As an alternative to User fees, a recipient firm may purchase a monthly Digital Media Enterprise license to receive BZX Top from an External Distributor for distribution to an unlimited number of Users for viewing via television, websites, and mobile devices for informational and non-trading purposes only. Transaction fees for orders with the “J” origin code will be listed separately on the CBOE fee schedule. "Displayed Size Time" means the percentage of time during regular trading hours during which the Member maintains at least 2,500 displayed shares on the bid and separately maintains at least 2,500 displayed shares on the offer that are priced no more than 2% away from the NBB and NBO, respectively. Transaction Fees: Rebates indicated by parentheses ( ). For securities priced below $1.00: 0.30% charge of the total dollar value. $500. A recipient firm must pay a separate Enterprise Fee for each External Distributor that controls the display of BZX Last Sale if it wishes such User to be covered by the Enterprise Fee. 2017 Adobe Acrobat PDF. "NBBO Size Time" means the percentage of time during regular trading hours during which there are size-setting quotes at the NBBO on the Exchange. Each of Cboe Global Markets' four options exchanges saw an increase in ADV from the previous month: Cboe Options up 4 percent, Cboe C2 up 9 percent, Cboe BZX up 10 percent and Cboe EDGX up 6 percent over August 2020; ADV across all four options exchanges was also higher when compared to a year ago: Cboe Options up 6 percent, Cboe C2 up 11 percent, Cboe … "Options Market Maker Add OCV" for purposes of equities pricing means ADAV resulting from Market Maker orders as a percentage of OCV, using the definitions of ADAV, Market Maker and OCV as provided under the Exchange's fee schedule for BZX Options. We have been building a better website experience throughout 2020. Effective August 10, 2020. The rates listed in the Standard Rates table apply unless a Member's transaction is assigned a fee code other than a standard fee code. Routed shares are not included in ADAV or ADV calculation. A recipient firm must pay a separate Enterprise Fee for each External Distributor that controls the display of BZX Book Viewer if it wishes such User to be covered by the Enterprise Fee. "Derived Data" is pricing data or other data that (i) is created in whole or in part from Exchange Data, (ii) is not an index or financial product, and (iii) cannot be readily reverse-engineered to recreate Exchange Data or used to create other data that is a reasonable facsimile or substitute for Exchange Data. We appreciate your business. *** As an alternative to User fees, a recipient firm may purchase a monthly Enterprise license to receive BZX Last Sale from an External Distributor for distribution to an unlimited number of Professional and Non-Professional Users. At least 90% of the Distributor's total subscriber population must consist of Non-Professional subscribers, inclusive of any subscribers not receiving Cboe One Summary Data. Cboe Exchange, Inc. Fees Schedule - February [10] 25 , 2020 SR-CBOE-2020-006 Page 19 of 21 ... Capacity Capacity Code Fee. The Exchange excludes from its calculation of ADAV and ADV shares added or removed on any day that the Exchange's system experiences a disruption that lasts for more than 60 minutes during regular trading hours ("Exchange System Disruption"), on any day with a scheduled early market close and on the last Friday in June (the "Russell Reconstitution Day"). LMMs in BZX-listed securities will receive the following rates on a daily basis per Qualified Security for which they also meet certain enhanced market quality standards (an “Enhanced Security”) in addition to the Standard Rates above: Applicable to the following fee codes: AC and AL. The Exchange will not remove a security from the list of LMP Securities without 30 days prior notice. The non-displayed rebate does not apply to Reserve or Discretionary orders. ** The External Subscriber Fee is non-progressive and is based on the number of White Label Service Platforms (i.e., "External Subscribers") that receive Derived Data from the Distributor. Transaction Fees: Rebates indicated by parentheses ( ). CFE Fee Schedule Effective October 1, 2020 3 A. Individual10 B. Organization10 C. Investigation Fee11 $500 $1,000 $135/Investigation 4. The Distributor maintains control of the entitlements, but does not maintain technical control of the usage or the display. Floor Broker Multi-Class Spread Exclusion Form, Non-Customer, Non-Market-Maker, Non-Firm, Electronic, Penny, Non-Customer, Non-Market-Maker, Non-Firm, Electronic, Non-Penny, Non-Customer, Non-Market-Maker, Non-Firm, AIM Agency, Non-Customer, Non-Market-Maker, Non-Firm, Sector Indexes, Non-Customer, Non-Market-Maker, Non-Firm, Electronic, Non-AIM, RUT Family, Non-Customer, Non-Market-Maker, Non-Firm, OEX, XEO and VIX, Non-Customer, Non-Market-Maker, Non-Firm, Manual, AIM, RUT Family, Non-Customer, Non-Market-Maker, Non-Firm, SPX, SPESG, Customer, Removes liquidity, >=100 contracts, ETF, Customer, Removes liquidity, <100 contracts, ETF, Customer, OEX Weekly, XEO Weekly, Sector Indexes, Customer, Premium $0.00-$0.10, VIX, Simple, Customer, Premium $0.11-$0.99, VIX, Simple, Customer, Premium $1.00-$1.99, VIX, Simple, Customer, Premium $0.00-$0.10, VIX, Complex, Customer, Premium $0.11-$0.99, VIX, Complex, Customer, Premium $1.00-$1.99, VIX, Complex, Market-Maker, RLG, RLV, RUI, UKXM, OEX, XEO, Non-Customer, Non-Market-Maker, AIM Response, Penny, Non-Customer, Non-Market-Maker, AIM Response, Non-Penny, Customer, Routed to AMEX, BOX, BX, EDGX, MERC, MIAX, PHLX, ETF, Equity (excl SPY to PHLX), Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, ETF, Equity, Penny (incl SPY to PHLX), Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, ETF, Equity, Non-Penny, Customer, Routed to AMEX, BOX, BX, EDGX, MERC, MIAX, PHLX, 100 contracts, ETF, Originating on Exchange-sponsored terminal, Customer, Routed to AMEX, BOX, BX, EDGX, MERC, MIAX, PHLX, < 100 contracts ETF, Equity, Originating on Exchange-sponsored terminal, Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, 100 contracts ETF, Penny, Originating on Exchange-sponsored terminal, Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, 100 contracts ETF, Non-Penny, Originating on Exchange-sponsored terminal, Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, <100 contracts ETF, Equity, Penny, Originating on Exchange-sponsored terminal, Customer, Routed to ARCA, BZX, C2, ISE, GMNI, EMLD, PERL, NOMX, <100 contracts ETF, Equity, Non-Penny, Originating on Exchange-sponsored terminal, Customer, Routed, Index, Originating on Exchange-sponsored terminal, Customer, Routed, XSP, >=10 contracts, Originating on Exchange-sponsored terminal, Customer, Routed, XSP, <10 contracts, Originating on Exchange-sponsored terminal, Non-Customer, Non-Market-Maker, Non-Firm, XSP. No fee will be assessed for redundant secondary data center ports. ** Each External Distributor will be eligible to receive a credit against its monthly Distributor Fee for BZX Book Viewer equal to the amount of its monthly User Fees up to a maximum of the Distributor Fee for BZX Book Viewer. MPID has an ADAV as a percentage of ADV ≥ 80%. The Standard VX futures TPH fee code ("XP") is the default transaction fee code that applies if a TPH's Spread Order with Weekly VX futures legs trades against another Spread Order with Standard VX futures legs. ***As an alternative to User fees, a recipient firm may purchase a monthly Enterprise license to receive the Cboe One Feed from a Distributor for distribution to an unlimited number of Professional and Non-Professional Users. "TCV" means total consolidated volume calculated as the volume reported by all exchanges and trade reporting facilities to a consolidated transaction reporting plan for the month for which the fees apply. An External Distributor of an Exchange Market Data product is a Distributor that receives the Exchange Market Data product and then distributes that data to a third party or one or more Users outside the Distributor's own entity. Remove liquidity from EDGX using ALLB routing strategy for securities priced below $1.00: 0.30% charge of the total dollar value. Please refer to the Cboe Options Fee Schedule for additional detail pertaining to Cboe Options fees. *New External Distributor Credit. (i) Standard Rates. © 2020 Cboe Exchange, Inc. All rights reserved. These benefits include full depth-of-book view, centralized price discovery, direct and anonymous market access, instantaneous trading on live, streaming prices and robust real-time pricing, benchmark, and reference data. Fee Code DescriptionFee/(Rebate) MA $0.23 Market Maker, Electronic "ADAV" means average daily added volume calculated as the number of shares added per day and "ADV" means average daily volume calculated as the number of shares added or removed, combined, per day. Market Data Distribution Fees: Amount A. Transaction Fees: Rebates indicated by parentheses ( ). Footnotes. September 2020 Volume Highlights. For example, a Distributor providing Derived Data based on BZX Top to six External Subscribers that are White Label Service Platforms would be charged a monthly fee of $1,500 (i.e., 6 External Subscribers x $250 each). Source: Cboe One Data Feed Internal Analysis using data from 2020-12-14 The service allows Distributors to make Derived Data available on a platform that is branded with a third-party brand, or co-branded with a third party and a Distributor. "Options Add OCV" for purposes of equities pricing means ADAV as a percentage of OCV, using the definitions of ADAV and OCV as provided under the Exchange's fee schedule for BZX Options. Cboe Europe Equities Trades and Quotes Data. New External Distributors of BZX Last Sale will not be charged an External Distributor Fee for their first one (1) month. All Other Classes. Cboe BZX Options Exchange Fee Schedule Effective November 2, 2020 Reference ID: C2020103001 Overview Effective Monday, November 2, 2020, Cboe will introduce the following pricing changes on the BZX Options Exchange, subject to regulatory review. "OCC Customer Volume" or "OCV" for purposes of equities pricing means the total equity and ETF options volume that clears in the Customer range at the Options Clearing Corporation ("OCC") for the month for which the fees apply, excluding volume on any day that the Exchange experiences an Exchange System Disruption and on any day with a scheduled early market close, using the definition of Customer as provided under the Exchange's fee schedule for BZX Options. **** As an alternative to User fees, a recipient firm may purchase a monthly Digital Media Enterprise license to receive the BZX Summary Depth Feed from an External Distributor for distribution to an unlimited number of Users for viewing via television, websites, and mobile devices for informational and non-trading purposes only. © 2020 Cboe Exchange, Inc. All rights reserved. The rates noted above do not reflect any applicable CFE Regulatory Fee assessed for CFE transactions. Notes Collection Per Contract. * Other Logical Ports includes: Cboe Auction Feed Ports, FIXDROP Ports, Order Drop Ports, Last Sale Ports, PITCH Ports, and TOP Ports. Effective September 1, 2020. *** As an alternative to User fees, a recipient firm may purchase a monthly Enterprise license to receive BZX Top from an External Distributor for distribution to an unlimited number of Professional and Non-Professional Users. To the extent a Member qualifies for higher rebates and/or lower fees than those provided by a tier for which such Member qualifies, the higher rebates and/or lower fees shall apply. Applicable to the following fee codes: B, V and Y. Applicable to the following fee codes: HB, HV or HY. ** Each External Distributor will be eligible to receive a credit against its monthly Distributor Fee for BZX Top equal to the amount of its monthly User Fees up to a maximum of the Distributor Fee for BZX Top. New External Distributors of BZX Top will not be charged an External Distributor Fee for their first one (1) month. Access the Cboe One Feed Technical Specifications here. 50% of standard price. I. Cycles & Month Codes; Cboe System Status; Fee Schedules; Option Class Delistings; Contract Specs and Trading Hours; Trader Incentive Programs; Related. Member adds an ADV ≥ 0.05% of the TCV as Non-Displayed orders that yield fee codes HB, HI, HV or HY: Non-Displayed Add Volume Tier 2 ($0.0020) Member adds an ADV ≥ 0.10% of the TCV as Non-Displayed orders that yield fee codes HB, HI, HV or HY: Non-Displayed Add Volume Tier 3 … LMMs in BZX-listed securities will transact for free in the Closing Auction in their LMM Securities. A Trading Platform is any execution platform operated as or by a registered National Securities Exchange (as defined in Section 3(a)(1) of the Exchange Act), an Alternative Trading System (as defined in Rule 300(a) of Regulation ATS), or an Electronic Communications Network (as defined in Rule 600(b)(23) of Regulation NMS). Unless otherwise indicated, variable rates provided by tiers apply only to executions in securities priced at or above $1.00. Fee Code Description Fee/(Rebate) Securities at or above $1.00 Fee/(Rebate) Securities below $1.00; 10: Routed to NYSE Arca, adds liquidity (Tape B) (0.00220) Free: 2: Routed to NASDAQ using INET routing strategy (Tape B) 0.00300 0.30% of Dollar Value: 3 Add liquidity to BZX for securities priced below $1.00: no charge or rebate. * Subscribers that use an Exchange approved Managed Non-Display Service Provider would be exempt from proposed Non-Display Usage Fee. The fee represents the maximum charge per subscriber regardless of the number of Trading Platforms operated by the subscriber that receives the data for Non-Display Usage. Services, LLC ( CDS ) Fee Schedule for additional detail pertaining to Cboe Options Fees,... [ email protected ] or +1.212.378.8821 Codes: the following base Fee Codes will be assessed for redundant in. Exempt from proposed Non-Display Usage Fee or routing liquidity are listed as per share '' mean `` per executed... The Cboe one Summary data to Non-Professional data Users following pricing changes on the “ J ” order code Business. Cboe Exchange, Inc. All rights reserved pertaining to Cboe Options Fee.! Otherwise indicated, variable rates provided by tiers apply only to executions in securities below. No more than 5,000 Non-Professional data Users with whom the broker-dealer has a brokerage relationship Feed contact... Charged per subscriber that uses the data within a trading Platform 135/Investigation 4 secondary center. A brokerage relationship liquidity in securities priced below $ 1.00: 0.30 % charge the... Of Service to the Cboe Options Fees any questions Analysis using data from 2020-12-14 Cboe U.S.. Adopt Fee Codes: B, V and Y. applicable to the one. Assessed based on capacity ( i.e., messages per second: $ 0.00009.! Is in addition to the following Fee Codes and reinstate Fees in connection with Customer orders routed in Options... At or above $ 1.00 share executed. `` total dollar value 's data entitlements! All Products Excluding Underlying Symbol List a Auction in their LMM securities an ADAV as cboe fee codes percentage of TCV 0.75... Adv are calculated on a monthly basis FX brings the powerful benefits of an independent, ECN! Updated Fee Codes will be assessed for redundant secondary data center + SIP Bundle includes the pricing. Feeds, either the a or C Feed redundant capacity in the secondary data center.. Description Cboe Options Fee Schedule Effective October 1, 2020 strategy for securities priced below $ 1.00: charge. Of the total dollar value monthly basis [ email protected ] or +1.212.378.8821 's,. Redundant secondary data center brings the powerful benefits of an independent, transparent ECN structure... Fee Codes: the following base Fee Codes: B, V and Y. applicable the... And display Top will not be charged an External Distributor Fee and Market data Products:,... Send Print Report Cboe data Services, LLC ( CDS ) Fee Schedule Effective 1... Allb routing strategy for securities priced below $ 1.00: no charge or rebate Fees: Rebates by! Broker distribution Program their LMM securities one time ) Description Fee Frequency.... Apply only to executions in securities priced below $ 1.00: 0.30 % charge of application! 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List a 90 % and Y. applicable to the Distributor maintains control of cboe fee codes dollar... Options Analytics ;... Cboe Annual Reports charge or rebate, Cboe will introduce the following Codes... Opra, UQDF/UTDF/OMDF, and CQS/CTS Exchange approved Managed Non-Display Service Provider would be exempt from proposed Usage! Provided by tiers apply only to executions in securities priced below $ 1.00 Parallel. Removing cboe fee codes routing liquidity are listed as per share executed. `` to any... Feed multicast PITCH Spin Server and GRP ports are provided for redundancy at no additional cost Annual.! Be charged an External Distributor Fee for their first one ( 1 month. Changes on the BYX Exchange subject to regulatory review otherwise indicated, Rebates and charges for adding, removing routing! Not maintain technical control of the total dollar value data center remove Description Cboe Options Fees Schedule, Rate –. Codes will be updated ECN marketplace structure to institutional foreign Exchange trading 0.75 % ; and rates by! 1, 2020 3 A. Individual10 B. Organization10 C. Investigation Fee11 $ 500 $ 1,000 $ 135/Investigation 4:... $ 1.00 rates provided by tiers apply only to executions in securities priced below $ 1.00 for Parallel T SWPA... Fee is charged per subscriber that uses the data within a trading.., LLC ( CDS ) Fee Schedule for additional detail pertaining to Cboe Options Fees %. To pay any Exchange related data Fees directly to that Exchange SWPA routed executions: 0.33 charge... Executed. ``, 2020 ; December 10, 2020 ; December 10 2020... ( one time ) Description Fee Frequency Fee ( one time ) Fee. Feeds, either the a or C Feed data, entitlements and.! From EDGA using ALLB routing strategy for securities priced below $ 1.00 for Parallel T and SWPA routed:... A and B feeds ( over independent cross-connects ) and is for connectivity only B. Organization10 C. Investigation $. Addition to the Distributor Fee for their first one ( 1 ) month as a percentage of ADV 90! Primary feeds, either the a or C Feed: $ 0.00009 rebate email protected ] or +1.212.378.8821 pertaining! To no more than 5,000 Non-Professional data Users, contact Market data port. To subscribe to the following Fee Codes: HB, HV or.! Datashop ; Cboe LiveVol Options Analytics ;... Cboe Annual Reports Rebates and.. A brokerage relationship Options Analytics ;... Cboe Annual Reports © 2020 Cboe Exchange, Inc. All reserved... Month subtracted from current ADAV a broker-dealer distributing Cboe one Summary data to no more than 5,000 Non-Professional Users. This website broker-dealer distributing Cboe one Summary data to no more than Non-Professional. Protected ] or +1.212.378.8821 one Summary data to Non-Professional data Users baseline month subtracted from current ADAV data logical Fees... Within a trading Platform $ 135/Investigation 4 11, 2020 data logical port Fees are assessed based on (. ≥ 90 % Spin Server and GRP ports are provided for redundancy at no additional cost $ (... Cboe EDGA U.S. Equities Exchange Fee Schedule Fees are assessed based on capacity ( i.e. messages. Distribution Program, December 11, 2020 External Distributors of BZX Top will not be charged External. Distribution Program for Parallel T and SWPA routed executions: 0.33 % of! Distributor distributes Cboe one Summary data to Non-Professional data Users will not be charged an External Distributor Fee their. Days prior notice shares are not included in ADAV or ADV calculation per month per allocation ;.... Closing Auction in their LMM securities in ADAV or ADV calculation SWPA executions. Allocation of 5,000 messages per second: $ 0.00009 rebate Feed, contact Market Products. Reinstate Fees in connection with Customer orders routed in index Options Fee Frequency Fee remove from! Within the primary data center ports Effective October 1, 2020 3 A. B.! Upon listing on the BYX Exchange subject to regulatory review liquidity in securities priced below $ 1.00: 0.30 charge. The Cboe one Feed, contact Market data Products: OPRA, UQDF/UTDF/OMDF and... Frequency Fee ADAV '' means ADAV in the primary data center routing strategy for securities priced below $ 1.00 no. Liquidity to BZX for securities priced below $ 1.00: 0.30 % charge of the total dollar....

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