Date Filed: February 28, 2023
Description: Proposed rule change is to amend the Fee Schedule to: (i) reduce the base rebate for executions of Added Displayed Volume; (ii) reduce the base rebate for executions of Added Displayed Retail Volume; (iii) reduce the base rebates for executions of Added Non-Displayed Volume; (iv) modify the Liquidity Provision Tiers; (v) modify the required criteria under NBBO Setter/Joiner Tier 1; (vi) modify the Non-Display Add Tiers; (vii) modify Liquidity Removal Tier 1 and adopt a new Liquidity Removal Tier 2; (viii) modify the required criteria under the Sub-Dollar Rebate Tier; and (ix) eliminate the special pricing for executions of Midpoint Peg IOC/FOK Orders.