2 Jun 2025
💵IEX Introduces Supplemental Market Quality Program for Trading 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 announces a proposed rule change by the Investors Exchange LLC (IEX) to amend its fee schedule and establish a Supplemental Market Quality Program. This initiative incentivizes member firms to enhance displayed trading liquidity through financial payments for qualifying activities, aiming to improve overall market conditions and trading efficiency.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change introduces a supplemental market quality program that includes financial incentives for businesses to improve displayed liquidity, which can directly impact their trading strategies and profitability. This may influence fee structures and market participation for member firms.