10 Sep 2025
📈Proposed Rule Change on Regular Hours Orders in Securities Trading
Self-Regulatory Organizations; 24X National Exchange LLC; Notice of Filing of a Proposed Rule Change Regarding the Regular Hours Only Instruction
Summary
The Securities and Exchange Commission has issued a notice regarding a proposed rule change by 24X National Exchange LLC. This change mandates that Regular Hours Only orders must be submitted within specific timeframes, aligning the exchange's practices with those of other national exchanges and aiming to enhance market efficiency and investor protection.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change will affect how orders with a Regular Hours Only instruction can be submitted and executed. This requires businesses to comply with stricter order submission times, impacting their trading operations and strategies.