2024-16794. Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fees Schedule  

  • Tier Rebate per contract to add Required criteria
    Tier 1 ($0.38) Member has an ADAV * in Firm/BD/JBO orders ≥0.20% of average OCV.**
    Tier 2 ($0.46) (1) Member has an ADAV in Away MM/Firm/BD/JBO orders ≥1.05% of average OCV; and
    (2) Member has an ADV *** ≥1.95% of average OCV.
    * “ADAV” means average daily added volume calculated as the number of contracts added.
    ** “OCC Customer Volume” or “OCV” 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.
    *** “ADV” means average daily volume calculated as the number of contracts added or removed, combined, per day.

Document Information

Published:
07/31/2024
Department:
Securities and Exchange Commission
Entry Type:
Notice
Document Number:
2024-16794
Pages:
61511-61514 (4 pages)
Docket Numbers:
Release No. 34-100587, File No. SR-CboeBZX-2024-068
PDF File:
2024-16794.pdf