16 Sep 2025
📈Nasdaq MRX Amendments to Complex Price Improvement Mechanism
Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Complex Price Improvement Mechanism
Summary
The Securities and Exchange Commission has published a notice regarding Nasdaq MRX's proposal to amend the Complex Price Improvement Mechanism, impacting the execution process for Agency Complex Orders. Key changes involve pricing execution requirements and definitions aimed at enhancing market efficiency and investor protection, alongside other regulatory updates.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed amendments to the Complex Price Improvement Mechanism impact compliance for businesses engaged in options trading, potentially altering how orders are processed and prioritized. This regulatory update requires traders to adapt to new execution price standards and definitions, affecting trading strategies.