27 Aug 2025
📈IEX Rule Amendments and NYSE Chicago Name Change Notification
Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend IEX Rules 2.220(a)(7), 11.410(a), and 11.410(a)(2) To Reflect the Name Change of “NYSE Chicago, Inc.” to “NYSE Texas, Inc.” and To Add 24X National Exchange LLC
Summary
The Securities and Exchange Commission has published a notice regarding proposed amendments to the Investors Exchange LLC rules, including the addition of 24X National Exchange LLC as an away trading center and the renaming of NYSE Chicago to NYSE Texas. These changes aim to enhance operational compliance and market data transparency ahead of 24X's launch.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule changes involve updates to trading centers and market data sources, directly impacting how businesses interact with exchanges and manage order routing. The addition of 24X National Exchange LLC may create new trading opportunities and affect market competitiveness.