Notice
9 Sep 2025
auction orders, market regulation, securities, trading, financial services
📈Cboe BZX Exchange’s New Closing Auction Rule Amendments
The SEC approved proposed rule changes by Cboe BZX Exchange to amend how Late-Limit-On-Close (LLOC) and Limit-On-Close (LOC) orders are priced and submitted. These changes aim to enhance market efficiency, reduce price volatility, and provide clearer pricing signals during the Closing Auction, potentially benefiting both users and overall market stability.
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Notice
13 May 2025
securities, cboe byx, market functionality, auction orders, trading regulations
📈Cboe BYX Exchange Proposed Rule Change on Auction Orders
The SEC has announced a notice regarding a proposed rule change from Cboe BYX Exchange, allowing users to employ Match Trade Prevention functionality for auction orders. This change will improve the handling of such orders in both active and inactive auction scenarios, with the SEC designating an extended period for thorough consideration of the proposal.
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