10 Feb 2025
📈MEMX Proposes Changes to Options Trading Opening Procedures
Self-Regulatory Organizations; MEMX LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 21.7 Related to the Exchange's Opening Procedures on MEMX Options
Summary
MEMX LLC has filed a proposed rule change to amend its options trading opening procedures, aligning them more closely with the corresponding underlying securities' market operations. This change is designed to facilitate more effective trading practices and ensure synchronization with primary listing markets. The proposal is currently open for public comment.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by MEMX LLC alters opening procedures for trading options, impacting market operations and compliance for businesses engaged in options trading. This regulation may influence trading strategies and operational efficiency for market participants.