[ by Howard Haykin ] The CBOE filed for immediate effectiveness to revise its fee schedules for certain option contracts and for stock-option orders. Rule Filing 12-62, 6/26/12 re: Option Contracts. The Exchange is raising from $0.25 per contract to $0.30 per contract the fee for electronic executions by voluntary professionals and professionals in equity options and index, ETF, and HOLDRs options (excluding OEX, XEO, SPXW, and Volatility Indexes) classes. The Exchange also is raising from $0.45 per contract to $0.60 per contract the fee for electronic executions by broker-dealers in non-Penny Pilot equity options and index, ETF, and HOLDRs options (excluding OEX, XEO, SPXW, and Volatility Indexes) classes. The new rates become effective 7/1/12, rather than on 6/25/12 as originally planned. Transactions executed as Qualified Contingent Cross ("QCC") trades or transactions executed through the Exchange’s Automated Improvement Mechanism ("AIM") when the professional, voluntary professional or broker-dealer is on the Agency/Primary side are also excepted from these changes. ****************************************************** Rule Filing 12-63, 6/27/12  re: Stock-Option Orders. CBOE soon will rollout new functionality to automate the handling of complex orders containing a stock leg through use of the Complex Order Auction ("COA"), Complex Order Book ("COB"), Automated Improvement Mechanism ("AIM"), Solicitation Auction Mechanism ("SAM"), and the splitting mechanism which is used for certain market orders pursuant to Interpretation .06(d) of CBOE Rule 6.53C (through which, if at the conclusion of COA an eligible market order cannot be filled in whole or in a permissible ratio, then any remaining balance of the option leg(s) will route to the Hybrid System for processing as a simple market order(s) and any remaining balance of the stock leg will route to a designated dealer for processing as a market order). Currently, when stock-option strategy orders are sent to the Exchange, the stock portions are processed and routed manually by brokers to a stock exchange for execution. Through this new functionality, the stock portions of stock-option strategy orders will be electronically communicated by the Exchange to a designated broker-dealer, who will then manage the execution of such stock portions.1 As such, the Exchange proposes to adopt a fee of $0.0010 per share for the processing and routing by the Exchange of the stock portion of stock-option strategy orders executed through those mechanisms.  The purpose of the proposed fee is to cover the fees being assessed to the Exchange by the designated broker that will be managing the execution of these stock portions of stock-option strategy orders, as well as to cover the costs of developing and maintaining the Exchange systems that allow for the processing and routing of such stock portions to the designated broker. The Exchange is waiving this fee for customer orders until 8/31/12 in order to encourage the sending of customer stock-option strategy orders to CBOE via this new system.  The new fee applies in addition to the fees assessed by the outside venue to which the stock portion of the order is routed if an exchange destination is specified on the original order (with such fees to be passed on to the market participant).  A maximum of $50.00 per order will be assessed under this fee in order to assure that market participants do not pay extremely large fees for the processing and routing by the Exchange of the stock portions of stock-option orders.  Moreover, this maximum fee amount is in line with the maximum fee that will be assessed by the designated broker that the Exchange intends to use. For further details, go to:   [CBOE Rule Filing 12-62, 6/26/12 re: Option Contracts and    Rule Filing 12-63, 6/27/12  re: Stock-Option Orders].