11 Sep 2025
📈New One-Minute Interval Trading Data Report Proposed by SEC
Self-Regulatory Organizations; MIAX Sapphire, 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 SEC has published a notice regarding MIAX Sapphire's proposal to introduce a One-Minute Interval Intra-Day Open-Close Report. This new report aims to enhance the availability of trading data, providing market participants with insights into trading activities on a more frequent basis. The product is intended to improve decision-making capabilities for investors and firms alike.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed One-Minute Interval Intra-Day Open-Close Report offers valuable market data that businesses and financial firms can leverage for better trading decisions, thereby influencing trading strategies and potentially increasing profitability. The optionality of the product indicates a response to customer demand for more frequent data intervals.