Cboe Equities Exchanges Rule Filings

2025

Rule filings are not effective until approved by the Securities and Exchange Commission ("SEC"), with the exception of certain types of rule filings that may take effect upon filing with the SEC if they meet the conditions specified under Section 19 of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder. Below are pending rule filings submitted by the Exchange, followed by rule changes that have been approved by the SEC or became immediately effective pursuant to the Exchange Act.

Pending Rule Changes

SR-CboeBYX-2025-008 Amendment No. 2
June 18, 2025
The Exchange proposes a second amendment to SR-CboeBYX-2025-008.
SR-CboeBYX-2025-008 Amendment No. 1
June 13, 2025
The Exchange proposes an amendment to SR-CboeBYX-2025-008.
SR-CboeBYX-2025-008
March 14, 2025
The Exchange proposes to amend Exchange Rule 11.25(e) to allow Users to utilize the Exchange’s Match Trade Prevention functionality when entering Periodic Auction Orders onto the Exchange for execution.
SR-CboeBYX-2025-007 Amendment No. 3
June 17, 2025
The Exchange proposes a third amendment to SR-CboeBYX-2025-007.
SR-CboeBYX-2025-007
March 13, 2025
The Exchange proposes to modify Rule 11.24 to introduce an Enhanced RPI Order and expand its Retail Price Improvement program to include securities priced below $1.00.

Approved and Immediately Effective Rule Changes

SR-CboeBYX-2025-015
June 18, 2025
The Exchange proposes to amend Rule 4.10 of the Exchange’s compliance rule (“CAT Compliance Rule”).
SR-CboeBYX-2025-014
May 19, 2025
proposes to introduce a Small Retail Broker Hosted Solutions Program and to update the existing eligibility requirements for the Small Retail Brokerage Distribution Program for the Cboe One Summary Feed and BYX Top Data Feed.
SR-CboeBYX-2025-013
May 15, 2025
The Exchange proposes to amend Rule 11.26(a) regarding the public disclosure of the sources of data that the Exchange utilizes when performing: (i) order handling; (ii) order routing; (iii) order execution; and (iv) related compliance processes to reflect the name change of NYSE Chicago, Inc. to NYSE Texas, Inc.
SR-CboeBYX-2025-012
May 9, 2025
The Exchange proposes to increase the monthly fee for 10 Gb physical ports.
SR-CboeBYX-2025-010
May 7, 2025
The Exchange proposes to amend its fee schedule to adopt fees for Dedicated Cores.
SR-CboeBYX-2025-009
April 23, 2025
The Exchange proposes to update its Fee Schedule to provide a discount on fees assessed to qualifying academic purchasers for purchases ad hoc historical U.S. Equity Short Volume and Trades Reports.
SR-CboeBYX-2025-004
February 19, 2025
The Exchange proposes amendments to Rule 2.8 (Voluntary Termination of Rights as a Member).
SR-CboeBYX-2025-002
February 13, 2025
The Exchange proposes to amend the Market Data section of its Fee Schedule to adopt a new fee waiver for Uncontrolled External Distributors.