19 Aug 2025
📈Cboe EDGA Introduces New All Cancels Report for Market Participants
Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt a New Market Data Report
Summary
The Cboe EDGA Exchange filed a proposed rule change to adopt an All Cancels Report, enhancing its timestamping services. This report aims to provide comprehensive cancel behavior and messaging activity analysis. It supplements existing reports and is designed to assist market participants in improving their order management practices by offering optional access to historical data.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document outlines a proposed rule change by the Cboe EDGA Exchange to introduce a new All Cancels Report within its timestamping services. This impacts businesses by providing optional market data that enhances trading efficiency and transparency, allowing firms to improve risk management and trading strategies.