5 Aug 2025
📈NYSE Texas Amends Rule for Data Feeds and Compliance
Self-Regulatory Organizations; NYSE Texas, 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
The NYSE Texas is proposing an amendment to Rule 7.37 to specify its primary and secondary sources of data feeds for order handling, execution, routing, and compliance, particularly in light of the upcoming launch of the 24X National Exchange. This change aims to enhance market transparency and operational clarity for all participants.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change outlines the NYSE Texas's amendments to Rule 7.37 regarding data feed sources for order handling and regulatory compliance, impacting how businesses execute trades and report compliance. Increased transparency in data feeds can lead to improved market strategies for businesses.