19 Mar 2025
📈SEC Notice on Options Trading for Commodity-Based Trust Shares
Self-Regulatory Organizations; Notice of Filing of a Proposed Rule Change, as Modified by Partial Amendment No. 1, by Miami International Securities Exchange, LLC To Amend Exchange Rule 402, Criteria for Underlying Securities, To List and Trade Options on Commodity-Based Trust Shares
Summary
The Miami International Securities Exchange proposed an amendment to its rule allowing options to be listed and traded on Commodity-Based Trust Shares. This change aims to enhance market competition, streamline approval processes for new options, and facilitate greater trading activity, promoting investment opportunities. Interested parties are invited to comment on this proposal.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change enables the listing and trading of options on Commodity-Based Trust Shares, enhancing market access and competitive offerings for businesses involved in the financial markets. This could lower operational costs for traders and issuers, benefiting financial services companies.