Cboe EDGX Fee Schedule Change for RPI Orders and Sub-$1 Securities
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
🇬🇧 English
Cboe EDGX is changing its equities trading fee schedule by adding a new incentive tier for Retail Price Improvement orders and updating fee codes for securities priced below $1.00. The change mainly affects broker-dealers, market makers, and trading firms that route equity orders to EDGX. Firms using EDGX should review the new tier and fee code changes to understand whether their trading costs or rebates will change.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Adds a new RPI Add Tier to the EDGX equities fee schedule
- Updates the fee code table for securities priced below $1.00
- Applies the fee schedule changes from May 1, 2026
Affected Parties
Broker-dealers routing orders to EDGXMarket makers and trading firms using EDGX equities
Tags
securities trading,exchange fees,Cboe EDGX