📈Proposed Rule Change for FLEX Options to Allow Cash Settlement
The Securities and Exchange Commission announced amendments to the rules governing FLEX Options, enabling cash settlement for certain equity securities. This change aims to enhance trading opportunities and provide risk management tools for market participants, ultimately promoting market liquidity and transparency. The Exchange expects this will spur competition with the OTC market and broaden access to these financial instruments.
Learn More🌍SEC Approves NYSE Arca's Carbon Allowance Trust Trading Rule Change
The SEC has granted approval for NYSE Arca to list and trade shares of the COtwo Advisors Physical European Carbon Allowance Trust. This regulatory decision facilitates investment in European Union carbon emission allowances, allowing businesses to navigate the evolving landscape of emissions trading and compliance. The Trust aims to reflect the performance of EU Carbon Emission Allowances, contributing to market efficiencies and transparency.
Learn More💹SEC Extends Review Period for Grayscale Bitcoin Trust FLEX Options
The SEC has designated a longer review period for a proposed rule change that would allow FLEX options on shares of the Grayscale Bitcoin Trust. Originally filed by NYSE American LLC, the extension aims to give the Commission sufficient time to evaluate the implications of this potential addition to the trading landscape.
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