2 Sep 2025
💹NYSE Proposes Rule Change for Reserve Order Quantity Flexibility
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 7.31(d)(1)(A)
Summary
The Securities and Exchange Commission has announced the New York Stock Exchange's proposed amendment to Rule 7.31(d)(1)(A), which allows Reserve Orders to have mixed lot sizes. This change aims to harmonize functionalities across markets and enhance displayed liquidity, facilitating increased interaction among market participants.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change allows the displayed quantity of Reserve Orders to include mixed lot sizes, enhancing liquidity and market participation. This could enable businesses to access more flexible trading options, potentially benefiting their operations and market competitiveness.