21 Feb 2025
📈MIAX Sapphire Rule Change
Self-Regulatory Organizations; MIAX Sapphire, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rule 402, Criteria for Underlying Securities, To List and Trade Options on the Goldman Sachs Physical Gold ETF and Amend the Names of Certain Trusts To Reflect Their Current Names
Summary
MIAX Sapphire, LLC has proposed changes to their exchange rules to list and trade options on the Goldman Sachs Physical Gold ETF, enhancing available trading instruments. The proposal includes name updates for certain trusts. The SEC is seeking public comments regarding this amendment before final approval.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change allows for the listing and trading of options on the Goldman Sachs Physical Gold ETF, impacting businesses involved in trading and investment strategies. This change may create new trading opportunities for firms in the financial sector.