SEC Releases File No. SR-LTSE-2025-01 Announcement on February 3, 2025
The Exchange has submitted a proposal to the Securities and Exchange Commission (SEC) for a potential adjustment to the LTSE Fee Schedule. This amendment aims to create a more transparent and competitive fee structure for market participants.
The proposed changes to the LTSE Fee Schedule will impact how fees are structured for participants on the exchange. The goal of this amendment is to provide greater clarity and predictability in terms of costs associated with trading on the LTSE.
One key aspect of the proposed rule change is the introduction of a tiered fee structure based on trading volume. This means that market participants who trade higher volumes will be eligible for lower fees, incentivizing increased trading activity on the exchange.
Additionally, the proposed amendment includes adjustments to certain fees to better align with market practices and industry standards. By updating these fees, the Exchange aims to remain competitive and attractive to investors and traders.
Market participants have expressed mixed reactions to the proposed changes. While some believe that the tiered fee structure will encourage higher trading volumes and increase liquidity on the exchange, others are concerned about the potential impact on smaller market participants who may not qualify for lower fees.
Overall, the proposed rule change to amend the LTSE Fee Schedule represents the Exchange’s commitment to providing a fair and transparent trading environment for all participants. By revising fees and introducing a tiered fee structure, the Exchange hopes to enhance market efficiency and encourage greater participation on the LTSE.