Financial results
Federated waived $329.6m of fees—22% of nine-month revenue
Money-market funds generated three-quarters of Federated’s waivers, revealing a pricing layer that must be separated from revenue, AUM and capital support.
fee waivers
The companies, products and regulatory developments shaping the broker industry.
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Products & pricing
Cboe gives transformed-feed vendors up to two years of distribution-fee relief
Cboe BZX’s Data Vendor Program waives external distribution fees for qualifying firms for 12 months on Cboe One Summary and 24 months on Cboe One Premium and BZX Summary Depth, but it does not remove user, consolidation or other licensing charges.