20 Feb 2025
📈Nasdaq GEMX Proposes Changes to Options Trading Regulations
Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Various Options Rules
Summary
The Securities and Exchange Commission has published a notice regarding Nasdaq GEMX's proposed rule changes aimed at amending various options rules. Key changes include refining definitions of Stop Orders, updating mechanisms for trade responses, and adjusting Risk Protection parameters, alongside other technical amendments. Public comments on these changes are also being solicited.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule changes by Nasdaq GEMX regarding options trading directly impact compliance and regulatory frameworks for businesses engaged in trading and other financial activities, necessitating awareness and potential procedural adjustments.