Federal Register #SR-24X-2026-29

SEC notice on 24X National Exchange’s proposed sub-dollar securities fee increase

This SEC notice concerns a proposed fee change by 24X National Exchange LLC, not a government procurement opportunity. - Government agency: U.S. Securities and Exchange Commission (SEC); no purchasing office or government buyer is identified. - Proposal: Increase the fee for retail and non-retail orders that remove liquidity from the 24X Book in securities priced below $1.00 per share, from 0.09% to 0.28% of transaction value. - The proposed fee would apply equally to all 24X Members, regardless of trading volume. - Organizations named: 24X National Exchange LLC; Cboe EDGX Exchange, Inc.; MIAX PEARL, LLC; and MEMX LLC. The latter three are referenced for fee comparisons. - No products, services, quantities, or part numbers are requested. The notice solicits public comments.

Description

24X National Exchange LLC proposes to amend transaction fees for Exchange Members. The proposal increases the fee on non-retail and retail orders that remove liquidity from the 24X Book in securities priced below $1.00 per share, from 0.09% to 0.28% of the transaction's total dollar value. The amended fee applies equally to all Members, regardless of their trading volume, and the Exchange proposed implementation on November 2, 2026. The Securities and Exchange Commission published the notice to solicit comments.

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