16 Jan 2025
⚖️Cboe BYX Withdraws Proposed Rule Change
Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Withdrawal of a Proposed Rule Change, as Modified by Amendment No. 1, to Amend Exchange Rule 11.25(e) To Allow Users To Utilize the Exchange's Match Trade Prevention Functionality When Entering Periodic Auction Orders Onto the Exchange for Execution
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The withdrawal of the proposed rule change regarding the Match Trade Prevention functionality may impact trading practices and compliance for business owners utilizing Cboe BYX Exchange. This affects how firms execute Periodic Auction Orders, heightening the need for adaptation to current regulatory frameworks.