Federal Register #SR-TXSE-2026-034

TXSE proposes a uniform per-share fee for eligible auction executions

This SEC notice concerns a proposed transaction fee for auctions on the Texas Stock Exchange, not a government procurement opportunity. - Government agency: Securities and Exchange Commission (SEC), acting as regulator; no government buyer or purchasing office is identified. - Company proposing the change: Texas Stock Exchange LLC (TXSE). - Proposed fee: $0.0012 per share for eligible orders executed in opening, closing, IPO, halt, and volatility closing auctions. - The same fee would apply to each side of an auction execution, regardless of order type, display status, or liquidity impact. - The proposed fee would replace other transaction-specific fees or rebates for those executions. - Comparable venues cited: NYSE Texas, NYSE Arca, and Cboe BZX. - Procurement items, quantities, and services: None. The notice seeks public comment on a regulatory proposal rather than offers for products or services.

Description

Texas Stock Exchange LLC filed a proposed rule change to adopt a transaction fee for eligible orders executed in TXSE opening, closing, IPO, halt, or volatility closing auctions. The proposed fee is $0.0012 per share executed and applies uniformly to auction executions, in lieu of other transaction-specific fees or rebates in the fee schedule. The filing became effective under the Securities Exchange Act, and the Securities and Exchange Commission is soliciting comments on the proposal. Comments are due October 27, 2026.

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