28 Apr 2025
📈NYSE National Rules Amendments for Retail Price Improvement Strategy
Self-Regulatory Organization; NYSE National, Inc.; Order Approving a Proposed Rule Change To Amend NYSE National Rules 7.37 and 7.44
Summary
The SEC has approved proposed changes to NYSE National rules that introduce a Retail Price Improvement Seeking routing strategy for Type 1 Retail Orders. This amendment aims to enhance the retail liquidity program, offering retailers the potential for improved order execution by routing to the NYSE, thereby fostering competition within the market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed amendments to NYSE National rules introduce a new routing strategy, potentially increasing market competition and enhancing order execution outcomes for retail investors. This can directly affect business owners and executives involved in trading or brokerage as it may impact their strategies for order flow management.