8 Jul 2025
📈Proposed Rules for Micro Narrow-Based Index Options Trading
Self-Regulatory Organizations: Notice of Filing of a Proposed Rule Change by Miami International Securities Exchange, LLC To Amend Certain of the Exchange's Index Options Rules To Allow the Exchange To List and Trade Options on Micro Narrow-Based Indexes
Summary
The Miami International Securities Exchange proposes to amend index options rules to introduce micro narrow-based indexes. This includes establishing listing and maintenance standards for these indexes, aiming to enhance trading opportunities and market liquidity. The regulations are designed to ensure proper oversight and maintain market integrity while fostering innovation in options trading.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document discusses a proposed rule change by MIAX to allow trading of options on micro narrow-based indexes, impacting market operations and offering new trading opportunities for businesses. The establishment of listing and maintenance standards could affect compliance for market participants and open new financial avenues.