5 Aug 2025
📈NYSE Arca's Proposed Rule Change for Data Feeds and Compliance
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 7.37-E To Specify the Exchange's Source of Data Feeds
Summary
The Securities Exchange Commission published a notice regarding NYSE Arca's proposed rule change to amend Rule 7.37-E, updating the sources of data feeds for order handling and regulatory compliance. This change aims to enhance transparency and ensure accurate execution within the trading framework, in response to the upcoming operations of 24X National Exchange.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The content discusses NYSE Arca, Inc.'s proposed amendment to Rule 7.37-E regarding data feeds for order handling and execution. This impacts compliance requirements for businesses operating in financial markets, as it sets new standards for data sources when processing financial transactions.