1 Aug 2025
📈Nasdaq ISE Proposes SQF Ports Subscription Limit for Market Makers
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Related to SQF Ports
Summary
The Securities and Exchange Commission published a notice regarding a proposed rule change by Nasdaq ISE, LLC aimed at imposing a limit of 250 Specialized Quote Feed Ports that Market Makers may subscribe to each month. This change is intended to enhance operational efficiency and ensure secure trading practices while maintaining necessary regulatory oversight.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change limits the number of SQF Ports Market Makers can subscribe to, affecting operational capacities and fees for firms involved in securities trading. This regulatory adjustment requires compliance and could lead to operational shifts among Market Makers, influencing their cost structures.