19 Mar 2025
📈Proposed Rule Change for Options on Commodity-Based Trust Shares
Self-Regulatory Organizations; Notice of Filing of a Proposed Rule Change, as Modified by Partial Amendment Nos. 1 and 2, by MIAX PEARL, LLC To Amend Exchange Rule 402, Criteria for Underlying Securities, To List and Trade Options on Commodity-Based Trust Shares
Summary
The Securities and Exchange Commission is considering a proposed rule change from MIAX Pearl to allow the listing and trading of options on Commodity-Based Trust Shares. This amendment aims to enhance trading efficiency and competition among exchanges, benefiting market participants by enabling quicker hedging opportunities on these commodities.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The regulatory text outlines a proposed rule change allowing MIAX Pearl to list and trade options on Commodity-Based Trust Shares, potentially impacting trading practices and investment strategies for businesses engaging with commodities. This change promotes timely market responses and competitive opportunities, which are crucial for investment strategies.