Cboe EDGX Clarifies Prorated Fees for Open-Close Data Requests
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
Cboe EDGX is clarifying that certain Open-Close market data charges will be prorated when customers subscribe in the middle of a month or request historical data on an ad-hoc basis. The change affects firms that buy EDGX Open-Close data, including end-of-day and intraday versions. It does not appear to create a new fee; it mainly makes the exchange’s fee schedule clearer so data customers can better understand how charges will be calculated.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Clarifies that mid-month subscriptions for Open-Close data will be prorated
- Clarifies that ad-hoc historical Open-Close data requests will be prorated
- Applies to end-of-day, ten-minute intraday, and one-minute intraday Open-Close data products
Obligations
What this law requires
Customers requesting a mid-month subscription to EDGX Open-Close Data must pay the applicable Open-Close Data subscription fee on a prorated basis for the portion of the month covered by the subscription.
Customers making ad-hoc historical requests for EDGX Open-Close Data must pay the applicable historical data charge on a prorated basis according to the scope of the request.