Federal Register #SR-CboeEDGA-2026-007

SEC Notice: Proposed Exchange Clock Service by Cboe EDGA Exchange, Inc.

This notice from the Securities and Exchange Commission (SEC) details a proposed rule change by Cboe EDGA Exchange, Inc. to introduce an Exchange Clock Service for market participants. - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - Cboe EDGA Exchange, Inc. (service provider) - Products/Services Requested: - Exchange Clock Service - Provides sub-nanosecond time synchronization - Utilizes White Rabbit and Precision Time Protocol (PTP) technologies - Delivered via a dedicated 1 Gbps physical port - No specific part numbers or quantities listed - Unique or Notable Requirements: - Service is voluntary and targets latency-sensitive trading participants - Does not include trading data or alter existing connectivity options - Aims to improve market quality, latency measurement, and trade surveillance - Public comments are invited on the proposed rule change - No other OEMs, vendors, or product purchases are specified

Description

The Securities and Exchange Commission published a notice regarding a proposed rule change by Cboe EDGA Exchange, Inc. to introduce an Exchange Clock Service. This service aims to provide enhanced time synchronization for market participants, allowing them to synchronize their internal devices with the Exchange's devices with high precision. The proposal is intended to improve market quality by enabling better latency measurements and trade surveillance, and it is available on a voluntary subscription basis. The notice includes details about the filing, statutory basis, and invites public comments.

View original listing