March 2, 2020
Dear Manager,
Effective today, Monday, March 2, 2020, Cboe US is making the following fee changes:
| Gateway | Liquidity Flags | Description | Current Fee | New Fee |
| EDGX | N | Removes liquidity from EDGX (Tape C) | 0.00265 | 0.0027 |
| EDGX | W | Removes liquidity from EDGX (Tape A) | 0.00265 | 0.0027 |
| EDGX | 6 | Removes liquidity from EDGX, pre and post market (All Tapes) | 0.00265 | 0.0027 |
| EDGX | BB | Removes liquidity from EDGX (Tape B) | 0.00265 | 0.0027 |
| EDGX | ZR | Retail Order, removes liquidity | 0.00265 | 0.0027 |
| EDGX | BY | Routed to BYX using Destination Specific (“DIRC”), ROUC or ROUE routing strategy | -0.0015 | Unchanged |
| EDGX | I | Routed to EDGA using ROUC or ROUE routing strategy | -0.0018 | Unchanged |
| EDGX | K | Routed to PSX using ROUC or ROUE routing strategy | 0.0029 | Unchanged |
| EDGX | PR | Removes liquidity from EDGX using ROUQ routing strategy | 0.00265 | Removed |
| EDGX | RQ | Routed using ROUQ routing strategy | 0.0029 | Removed |
| EDGX | T | Routed to a non-exchange destination using ROUD or ROUE routing strategy | 0.0012 | Removed |
| EDGA | BY | Routed to BYX using Destination Specific (“DIRC”), ROUC, ROUE, ROBB or ROCO routing strategy | -0.0015 | Unchanged |
| EDGA | K | Routed to PSX using ROUC or ROUE routing strategy | 0.0029 | Unchanged |
| EDGA | Q | Routed to a non-exchange destination using ROUQ or ROUC routing strategy | 0.002 | Unchanged |
| EDGA | T | Routed to a non-exchange destination using ROUD or ROUE routing strategy | 0.0012 | Removed |
Older Fee Change
Effective Monday, February 3, 2020, Cboe BATS (BZX) will increase their rebate on the following liquidity flags:
| Gateway | Liquidity Flags | Description | Current Fee | New Fee |
| BATS | V | Displayed order, adds liquidity to BZX (Tape A) | -0.002 | -0.0025 |
| BATS | Y | Displayed order, adds liquidity to BZX (Tape C) | -0.002 | -0.0025 |
January 2, 2020: BYX will change their gateway fee for symbols priced at $1 and above, as follows:
| Gateway | Liquidity Flags | Description | Current Fee | New Fee |
| BYX | MM | Non-displayed order, adds liquidity using Mid-Point Peg | 0.0010 | 0.0005 |
November 1, 2019: The Cboe Equities Exchanges will change their fees, as follows:
| Gateway | Liquidity Flags | Description | Current Fee | New Fee |
| EDGA | N | Removes liquidity from EDGA (Tape C) | -0.0024 | -0.0018 |
| EDGA | W | Removes liquidity from EDGA (Tape A) | -0.0024 | -0.0018 |
| EDGA | 6 | Removes liquidity from EDGA, pre and post market (All Tapes) | -0.0024 | -0.0018 |
| EDGA | BB | Removes liquidity from EDGA (Tape B) | -0.0024 | -0.0018 |
| BATS | AA | Routed to EDGA using ALLB routing strategy | -0.0024 | -0.0018 |
| BATS | BJ | Routed to EDGA using TRIM or SLIM routing strategy | -0.0024 | -0.0018 |
| BYX | AA | Routed to EDGA using ALLB routing strategy | -0.0024 | -0.0018 |
| BYX | BJ | Routed to EDGA using Destination Specific, TRIM or SLIM routing strategy | -0.0024 | -0.0018 |
| EDGX | AA | Routed to EDGA using ALLB routing strategy | -0.0024 | -0.0018 |
| EDGX | I | Routed to EDGA using ROUC or ROUE routing strategy | -0.0024 | -0.0018 |
| EDGX | I | Routed to EDGA using ROUC or ROUE routing strategy (Sub Dollar) | 30 BP | 0 |
| EDGX | RR | Routed to EDGA using DIRC routing strategy | -0.0024 | -0.0018 |
| EDGX | RR | Routed to EDGA using DIRC routing strategy (Sub Dollar) | 30 BP | 0 |
On Monday, July 1, 2019, Cboe BATS (BZX) and BYX are going to change their fee, as follows:
| Gateway | Liquidity Flags | Description | Current Fee | New Fee |
| BATS | P | Routed to EDGX, adds liquidity | -0.002 | -0.0017 |
| BYX | P | Routed to EDGX, adds liquidity | -0.002 | -0.0017 |
