📈SEC Proceeds with Rule Change for WisdomTree XRP Fund Shares
The SEC has initiated proceedings to determine whether to approve or disapprove the proposal for the WisdomTree XRP Fund's shares to be listed on the Cboe BZX Exchange. The investment objective of the Trust is to track XRP performance, consisting solely of XRP, cash, and cash equivalents. The SEC seeks public comment on this proposal, raising questions about compliance with existing regulations.
Learn More💻Proposed Rule Change for Hardware and Managed Services at NYSE Texas
The NYSE Texas proposes amendments to its Connectivity Fee Schedule, introducing hardware procurement and managed services at the Mahwah Data Center. This aims to ease the procurement process for Users by allowing them to contract directly with FIDS, thus facilitating faster service access while simplifying vendor onboarding procedures.
Learn More💰Cboe BYX Exchange Updates Fee Schedule for Dedicated Cores
The Cboe BYX Exchange has proposed changes to its fee schedule, introducing monthly fees for Dedicated Cores to enhance trading performance. Users can initially access two Dedicated Cores at no cost, with tiered fees for additional cores based on usage. The proposal aims to manage resources while providing users with options for improving latency and trading efficiency.
Learn More💰Cboe BZX Exchange Announces Fee Changes for Dedicated Cores
The Cboe BZX Exchange has filed a proposal to amend its fee schedule, introducing charges for Dedicated Cores while offering up to two cores at no additional cost. This move aims to enhance performance and manage resource allocation effectively, impacting various market participants based on their needs and usage volumes.
Learn More📈NYSE Rule Change
The NYSE has proposed a rule change to ensure that listed companies below compliance standards must pay all outstanding fees before their compliance plans will be reviewed. This amendment aims to streamline the delisting process and improve financial accountability, potentially affecting liquidity and operational costs for businesses facing compliance issues.
Learn More📈NYSE Texas Proposes New Order Imbalances Market Data Product
The NYSE Texas intends to introduce the Order Imbalances proprietary market data product, providing real-time order imbalance data prior to trading auctions. This new initiative aims to enhance market transparency and competition while facilitating better access to vital information for market participants.
Learn More💰Nasdaq Proposes New Fee Credits for Liquidity Providers
The Nasdaq Stock Market LLC proposed a rule change to amend its fee schedule, introducing new credits for members that exceed liquidity thresholds as designated liquidity providers for exchange-traded products. This initiative aims to enhance competitiveness and facilitate increased trading activity in specific securities, providing financial incentives to members.
Learn More💰IEX Proposes New Market Quality Incentives for Increased Liquidity
The Securities and Exchange Commission has published a notice regarding the Investors Exchange LLC's proposal to amend its fee schedule, establishing a Supplemental Market Quality Program. This initiative aims to boost displayed liquidity and order flow by providing financial incentives for members who meet specific trading activity criteria in designated securities.
Learn More📈Cboe Proposes Change to Enhance Auction Response Processing Time
The Cboe Exchange has proposed increasing the auction response processing time for SPX options to provide more opportunities for timely responses during peak trading activity. This change aims to enhance price improvement for investors and ensure a more efficient auction process while balancing market risks and execution speed.
Learn More💸NYSE Texas Proposes Updates to Connectivity Fee Schedule
The Securities and Exchange Commission is considering a proposed rule change by NYSE Texas, which updates its connectivity fee schedule to third-party systems and data feeds. The amendments aim to enhance user options and clarity on fees, reflecting a shift in market dynamics and competitiveness among services.
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