Federal Register #SR-CBOE-2026-050

SEC Notice: Proposed Fee Increases for Cboe Market-Maker Tier Appointments (VIX & RUT)

This notice from the Securities and Exchange Commission (SEC) details a proposed rule change by Cboe Exchange, Inc. regarding market-maker tier appointment fees: - Government Buyer: - Securities and Exchange Commission (SEC), Division of Trading and Markets - OEM/Vendor Mentioned: - Cboe Exchange, Inc. - Services/Fees Affected: - Market-Maker Tier Appointment Fee for VIX options - Proposed increase from $2,000 to $2,500 per month - Applies to both Market-Maker Floor Permits and Electronic Access Permits - Assessed to Trading Permit Holders (TPHs) executing at least 1,000 VIX contracts per month - Market-Maker Tier Appointment Fee for RUT options - Proposed increase from $1,000 to $1,500 per month - Applies to both Market-Maker Floor Permits and Electronic Access Permits - Assessed to TPHs executing at least 1,000 RUT contracts per month - Notable Requirements and Rationale: - Fee increases reflect investments in a new trading floor facility - Expanded product offerings, including new RUT and VIX options - Adjustments for inflation - No procurement of products or services is involved; this is a regulatory action affecting fee schedules for market participants

Description

The Securities and Exchange Commission has filed a notice regarding a proposed rule change by Cboe Exchange, Inc. to amend market-maker tier appointment fees. The proposal includes increasing the VIX Tier Appointment fee to $2,500 and the RUT Tier Appointment fee to $1,500 for both Market-Maker Floor Permits and Market-Maker Electronic Access Permits. The notice explains the rationale for the fee increases, including investments in a new trading floor, expanded product offerings, and inflation adjustments. The rule change is effective immediately upon filing and comments are invited until July 7, 2026.

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