26 Feb 2025
📈Nasdaq ISE Proposes New Rules for Trading Options on ETFs
Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing of Proposed Rule Change To Amend Options 4, Section 3, Criteria for Underlying Securities
Summary
Nasdaq ISE has filed a proposed rule change to amend its criteria for underlying securities in options trading, specifically allowing the listing and trading of options on Commodity-Based Trust Shares. This adjustment aims to streamline the process, enhancing opportunities for financial investment and market participation.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change allows Nasdaq ISE to list options on Commodity-Based Trust Shares without additional approvals once listing criteria are met, potentially expanding investment and trading opportunities for business owners and financial executives. This change reflects a more efficient market structure, benefiting traders and investors through increased options for risk management.