20 Mar 2025
📈NYSE Proposes Amendments to Enhance Retail Order Routing
Self-Regulatory Organizations; NYSE National, Inc.; Notice of Filing of Proposed Change To Amend Rules 7.37 and 7.44
Summary
The Securities and Exchange Commission has published a notice regarding NYSE National, Inc.'s proposed amendments to Rules 7.37 and 7.44. These changes introduce an optional retail routing strategy aimed at improving order execution and liquidity, providing additional opportunities for price improvement in the retail trading sector.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed changes to NYSE rules facilitate a new routing strategy for retail orders, specifically designed to enhance price improvement opportunities. This impacts businesses by potentially altering trading strategies, impacting transaction costs, and enhancing market efficiencies.