20 Feb 2025
📈Nasdaq MRX Proposes Amendments to Options Rules
Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Various Options Rules
Summary
Nasdaq MRX has filed a notice to amend various options rules, including clarifying Stop Orders and improving mechanisms related to facilitation and price improvement. The proposed changes are immediately effective and seek to refine trading practices within the options market, as well as invite public comments for further review.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by Nasdaq MRX, LLC amending options rules may directly affect trading practices and compliance standards for businesses involved in options trading. Changes to Stop Orders, mechanisms for facilitation, and market-wide risk protections could affect operational strategies and regulatory compliance for affected entities.