5 Aug 2025
📈NYSE Proposes Rule Change on Data Feed Sources for Trading
Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Change To Amend Rule 7.37E To Specify the Exchange's Source of Data Feeds
Summary
NYSE American LLC has filed a proposed rule change to amend Rule 7.37E, specifying the Exchange's primary and secondary sources of data feeds, including a new feed from 24X National Exchange. This amendment aims to enhance operational clarity, regulatory compliance, and market transparency for order handling and execution functions.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change specifies the data feed sources for order handling and execution, impacting compliance and regulatory requirements for market participants. This could affect operational practices and transparency for businesses involved in securities trading.