29 Apr 2025
📈Proposed U.S. Equity Short Volume & Trades Report by MIAX Pearl
Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rule 2625 To Introduce a New Data Product Known as the U.S. Equity Short Volume & Trades Report
Summary
The MIAX PEARL, LLC proposes a new data product named the U.S. Equity Short Volume & Trades Report, which aims to provide crucial reports on short sale transactions. This initiative is designed to enhance market transparency and offer valuable insights for traders and researchers, aligning with existing products from other exchanges.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposal introduces a new data product, the U.S. Equity Short Volume & Trades Report, which offers insights into short sale transactions. This could impact trading strategies and transparency in the market, influencing the decision-making of businesses and investors. Additionally, the availability for subscription indicates potential new revenue streams for analytics and trading establishments.