17 Mar 2025
📈NYSE Arca Proposes Rule Change to Enhance Trading Strategies
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rules 7.31-E and 7.37-E
Summary
NYSE Arca has filed a proposed rule change to amend Rules 7.31-E and 7.37-E, introducing an optional routing strategy for MPL-IOC Orders. The change is aimed at improving trading efficiency and accessibility for ETP Holders and is set to take effect immediately upon filing. Public comments are invited on the proposal.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change allows for an optional routing strategy for MPL-IOC Orders, potentially enhancing trading efficiency for businesses engaged in securities transactions. This can impact liquidity and operational strategy for brokers and market makers.