# Federal Register #SR-CboeBZX-2026-084

SEC notice on Cboe BZX Exchange’s proposed Step-Up Tier 1 fee schedule change

**Buyer:** Securities and Exchange Commission
**Posted:** October 14, 2026
**Identifier:** SR-CboeBZX-2026-084
**NAICS:** 523210

The SEC notice concerns a proposed change to Cboe BZX Exchange’s equities trading fee schedule, not a government purchase.
- **Government agency:** U.S. Securities and Exchange Commission (SEC).
- **Organization named:** Cboe BZX Exchange, Inc., which filed the proposed rule change.
- **Proposal:** Add Step-Up Tier 1 to the BZX Equities fee schedule, offering qualifying orders a rebate of $0.0028 per share if specified volume-growth and Cboe Market Close average daily volume criteria are met.
- **Related changes:** Add associated fee-schedule definitions and update the fee-code table. The proposed tier would be temporary and subject to an expiration deadline.
- **Procurement status:** This is a regulatory notice inviting public comment. No products, services, quantities, or vendors are being solicited.

### Description

Cboe BZX Exchange, Inc. proposes to amend its equities trading platform fee schedule by introducing Step-Up Tier 1 under footnote 2. The tier would offer qualifying orders a rebate of $0.0028 per share based on specified volume-growth criteria and Cboe Market Close average daily volume. The Exchange also proposes related definitions and changes to its fee-code table; the tier would expire no later than February 28, 2027. The Securities and Exchange Commission notice invites comments on the proposed rule change.

[View original listing](https://www.federalregister.gov/documents/2026/10/14/2026-20924/self-regulatory-organizations-cboe-bzx-exchange-inc-notice-of-filing-and-immediate-effectiveness-of)