Opportunity
Federal Register #SR-CboeEDGX-2026-014
SEC Review of Cboe EDGX Exchange Clock Service Proposal
Buyer
Securities and Exchange Commission
Posted
March 31, 2026
Identifier
SR-CboeEDGX-2026-014
NAICS
518210
The Securities and Exchange Commission (SEC) is considering a proposed rule change from Cboe EDGX Exchange, Inc. to introduce a new Exchange Clock Service for market participants. - Government Buyer: - Securities and Exchange Commission (SEC), a U.S. federal agency - OEMs and Vendors: - Cboe EDGX Exchange, Inc. (proposing the service) - Technologies referenced: White Rabbit, Precision Time Protocol (PTP) - Products/Services Requested: - Exchange Clock Service (optional subscription) - Enables precise time synchronization between subscriber systems and the Exchange's clocks - Utilizes White Rabbit and PTP technologies - Includes a dedicated 1 Gbps Physical Port for service use only - Designed for sub-nanosecond latency measurement and compliance with clock synchronization requirements - Unique or Notable Requirements: - Service is voluntary and available to both Members and non-Members - Focus on advanced time synchronization for trading efficiency and regulatory compliance - Similar services referenced from MIAX Emerald, LLC - No specific product quantities or part numbers; this is a regulatory service offering, not a procurement of tangible goods - Place of Performance/Delivery: - Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090
Description
The Securities and Exchange Commission (SEC) issued a notice regarding a proposed rule change by Cboe EDGX Exchange, Inc. to introduce a new Exchange Clock Service. This service allows subscribers to synchronize their internal time recording systems with the Exchange's clocks for precise latency measurements and compliance purposes. The Clock Service is an optional product available to both Members and non-Members, utilizing advanced synchronization technologies such as White Rabbit and Precision Time Protocol (PTP). The proposal aims to enhance time synchronization accuracy without altering existing connectivity options for trading.