📈New One-Minute Interval Open-Close Report Proposed by Cboe
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Introduce a One-Minute Interval Intraday Open-Close Report
Summary
The Cboe Exchange proposes a new One-Minute Interval Intraday Open-Close Report, designed to deliver more frequent trading data updates. This product aims to provide market participants with better insights into investor sentiment and trading activity, facilitating improved trading decisions and strategies. The introduction of this data product aligns with evolving industry needs and enhances market transparency.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule for a One-Minute Interval Intraday Open-Close Report introduces a new data product available for purchase, enhancing market data offerings. This can affect business strategies for trading firms assessing data as they may adapt their analysis and trading models based on more frequent updates, directly impacting investment decisions.