Date Filed: June 1, 2021
Description: Proposed rule change to amend the Fee Schedule to: (i) adopt the Displayed Liquidity Incentive designed to improve market quality on the Exchange that provides an enhanced rebate for executions of orders that add displayed liquidity to the Exchange; (ii) adopt the Liquidity Provision Tier that provides an enhanced rebate for executions of orders that add displayed liquidity to the Exchange; (iii) adopt an enhanced rebate for executions of Midpoint Peg orders that add liquidity to the Exchange; (iv) increase the standard fee for executions of orders that remove liquidity from the Exchange; and (v) reduce the standard rebate for executions of orders that add displayed liquidity to the Exchange.