5 Aug 2025
📈NYSE National Proposes Change to Data Feed Regulation
Self-Regulatory Organizations; NYSE National, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 7.37 To Specify the Exchange's Source of Data Feeds
Summary
NYSE National, Inc. filed a proposed rule change to amend Rule 7.37, identifying 24X National Exchange's data feed as its primary source for order handling and compliance. This change enhances transparency and compliance, aiming to improve market operations as 24X launches its services.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory change specifies the primary source of data feeds for order handling and compliance, impacting how businesses execute trades and adhere to regulations. As it introduces greater transparency about market operations and data sources, it can influence trading efficiency and investor trust.