📊New One-Minute Open-Close Report Offers Enhanced Trading Insights
Self-Regulatory Organizations; MIAX Emerald, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Introduce a New Version of the Open-Close Report To Be Known as the One-Minute Interval Intra-Day Open-Close Report
Summary
The Securities and Exchange Commission has approved MIAX Emerald's proposed rule change to introduce a One-Minute Interval Intra-Day Open-Close Report. This new report, aimed at providing enhanced trading data, targets various market participants and is designed to improve trading decision-making through more frequent data updates, responding to evolving market needs.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
This regulatory change introduces a new One-Minute Interval Intra-Day Open-Close Report, which will provide more frequent trading data for purchase. This could enhance trading strategies for businesses, especially investment firms and market participants looking for real-time insights into market trends. The exchange also anticipates a wide range of market participants will utilize this data, creating potential revenue opportunities.