Opportunity
Federal Register #SR-CboeBZX-2026-068
SEC Notice: Cboe BZX Exchange Order Entry Protocol Migration Program Fee Credits
Buyer
Securities and Exchange Commission
Posted
September 02, 2026
Identifier
SR-CboeBZX-2026-068
NAICS
523210
The Securities and Exchange Commission (SEC) is announcing a proposed rule change filed by Cboe BZX Exchange, Inc. to amend its fee schedule and implement an Order Entry Protocol Migration Program. - Government Buyer: - Securities and Exchange Commission (SEC) - Division of Trading and Markets - OEM/Vendor: - Cboe BZX Exchange, Inc. - Services Requested: - Order Entry Protocol Migration Program - Provides fee credits for redundant logical ports established as backup connections during Exchange-initiated order entry protocol migrations (e.g., BOEv2 to BOEv3) - Members must notify the Exchange, cancel the port within 30 days, and submit a credit request - Fee credits are only available for ports established solely due to Exchange-driven migration, not for Member-initiated changes - Unique Requirements: - Redundant logical ports must be used exclusively for migration-related issues - Members must cancel the port within 30 days to qualify for the fee credit - The program aims to reduce operational risk and costs during protocol transitions, ensuring continuous access to the Exchange - No specific products, part numbers, or purchase quantities are listed
Description
The Securities and Exchange Commission announced the filing and immediate effectiveness of a proposed rule change by Cboe BZX Exchange, Inc. to amend its fee schedule to implement an Exchange Order Entry Protocol Migration Program. This program provides fee credits for logical ports established solely as backup connections during an Exchange initiated order entry protocol migration. Members may establish a redundant logical port during migration and receive credits if certain conditions are met, including notification to the Exchange, cancellation within 30 days, and usage only due to Exchange issues related to the migration. The program aims to reduce operational risk and costs for Members during protocol transitions.