3 Jul 2025
📈NYSE Price List Amendment
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Its Price List
Summary
The NYSE announces proposed changes to its Price List aimed at enhancing trading activity among Designated Market Makers (DMMs) for Exchange Traded Products (ETPs). The amendments introduce additional monthly quoting incentives to encourage DMMs to provide liquidity and maintain competitive quoting levels, particularly in the critical first 36 months after an ETP's listing on the exchange.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document discusses amendments to the NYSE Price List, notably financial incentives for Designated Market Makers (DMMs) in relation to Exchange Traded Products (ETPs). These changes encourage liquidity and market competitiveness, impacting business strategies for firms involved in securities trading.