Notice
13 May 2025
securities, trading regulations, cboe byx, market functionality, auction orders
📈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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