30 May 2025
📈Cboe EDGX Announces Proposed Rule Changes Impacting Trading
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rules 13.4(a) and 11.11(g)(8) and (13)
Summary
The Securities and Exchange Commission has published a notice concerning Cboe EDGX Exchange's proposed amendments to trading rules. The changes include the public disclosure of data sources for order handling, routing, and execution, alongside the removal of specific primary listing markets, aimed at enhancing clarity and compliance within trading practices.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change from Cboe EDGX Exchange modifies critical trading rules, impacting order handling, routing, and execution processes. Compliance with updated regulations is essential for business operations in the securities market, which could involve financial adjustments for affected firms.