7 May 2025
💰IEX Proposes New Market Quality Incentives for Increased Liquidity
Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend IEX's Fee Schedule To Establish a Supplemental Market Quality Program
Summary
The Securities and Exchange Commission has published a notice regarding the Investors Exchange LLC's proposal to amend its fee schedule, establishing a Supplemental Market Quality Program. This initiative aims to boost displayed liquidity and order flow by providing financial incentives for members who meet specific trading activity criteria in designated securities.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by the Investors Exchange LLC includes a Supplemental Market Quality Program that incentivizes businesses to provide displayed liquidity in certain securities. This could enhance trade flow and market participation, directly affecting financial performance for businesses involved in these markets.