Cboe EDGA Adopts Fees for New Clock Service
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
Cboe EDGA is adding fees, including a free trial, for its new optional Clock Service. The service lets subscribers align their time-recording systems with the exchange’s systems so they can compare latency measurements more accurately. The change mainly affects trading firms, market data users, technology vendors, and other members or non-members that choose to subscribe. There is no broad compliance burden, but firms that use the service should review the fee schedule and decide whether the product is worth adopting after any trial period.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Adds fees for Cboe EDGA’s new optional Clock Service
- Includes a free trial for the service
- Makes the service available to both exchange members and non-members