17 Mar 2025
📈NYSE National Proposes Rule Change for Order Routing Strategies
Self-Regulatory Organizations; NYSE National, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rules 7.31, 7.37, and 7.44
Summary
The SEC has published a notice regarding NYSE National’s proposed rule change to amend specific trading rules, allowing optional routing strategies for certain orders. This change aims to improve trading efficiency and is open for public comments. The rule becomes effective immediately upon filing, pending any reviews by the Commission.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by NYSE National to amend routing strategies may significantly affect trading operations for business owners and ETP holders, enhancing their order execution processes. Compliance with new rules is essential for avoiding regulatory risks.