14 Mar 2025
💰NYSE Proposes New Fees for Directed Orders Effective March 2025
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Adopt Fees for Directed Orders Routed by the Exchange to an Algorithm
Summary
The NYSE has proposed a rule change to adopt fees for Directed Orders routed to algorithms, with an effective date of March 3, 2025. This change aims to amend the Exchange's Price List and has been designated for immediate effectiveness, inviting comments from interested parties.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change introduces fees for Directed Orders routed by the NYSE, which could impact trading costs for businesses and investors utilizing these services. This change calls for potential adjustments in financial strategies and could affect market dynamics.