Cboe EDGX adds MX2 to routing fee code and raises non-customer fee
The fee schedule amendment takes effect Sep. 1, 2026, affecting Customer orders routed to MX2 and Non-Customer non-penny orders.
Cboe EDGX Exchange, Inc. filed a proposed rule change on September 1, 2026 that amends its Fees Schedule for the EDGX Options platform. The amendment, published in the Federal Register on September 9, 2026 (FR Doc No. 2026-18663), adds MX2 LLC to fee code RP and increases the charge under fee code RO.
Fee code RP, which applies a $0.25 per-contract charge to Customer orders routed to designated away options exchanges, now includes orders routed to MX2. The per-contract fee remains unchanged at $0.25, and the routing remains optional for market participants.
Fee code RO, which applies to Non-Customer orders in non-penny classes routed to away options exchanges, is proposed to rise from $1.25 to $1.31 per contract. The increase is intended to recoup the Exchange's clearing, administrative, regulatory, and technical costs associated with such routing.
The Exchange cites Section 6(b) of the Securities Exchange Act of 1934 as the statutory basis, asserting that the changes promote equitable fee allocation and avoid unfair discrimination among members.
The filing is identified as Release No. 34-106311, File No. SR-CboeEDGX-2026-059, and appears on pages 58206-58208 of Volume 91, No. 176 of the Federal Register.
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