Federal Register #SR-CBOE-2026-051

SEC Notice: Proposed Fee Amendments for Cboe Bitcoin U.S. ETF Index Options

This notice from the Securities and Exchange Commission (SEC) details a proposed rule change by Cboe Exchange, Inc. regarding transaction fees for proprietary options products. - Government Buyer: - Securities and Exchange Commission (SEC) - OEM/Vendor: - Cboe Exchange, Inc. (the only OEM/vendor mentioned) - Products/Services: - No products or services are being procured; this is a regulatory notice - The rule change amends transaction fees for: - Cboe Bitcoin U.S. ETF Index options (CBTX) - Cboe Mini Bitcoin U.S. ETF Index options (MBTX) - Fee Structure Changes: - New and revised fee codes for CBTX (B2, B3, B4, B5) and MBTX (M2, M3, M4, M5) - Fees range from $0.50 to $1.50 per contract - Rebates up to $0.75 per contract - Fees and rebates vary by order type, execution method (manual or electronic), and market participant capacity (Market-Maker, Broker-Dealer, etc.) - Notable Requirements: - The changes are intended to address market quality and competitive dynamics - No procurement of goods or services is involved; this is a regulatory action affecting fee schedules for proprietary financial products

Description

This notice from the Securities and Exchange Commission (SEC) announces the filing and immediate effectiveness of a proposed rule change by Cboe Exchange, Inc. The proposal seeks to amend the standard transaction fees for Cboe Bitcoin U.S. ETF Index options (CBTX) and Cboe Mini Bitcoin U.S. ETF Index options (MBTX). The changes include adjustments to fees and rebates based on order type, execution method, and market participant capacity to address market quality and competitive concerns.

View original listing