Notice
10 Apr 2025
sec, miami, floor brokers, error accounts, regulatory compliance, options trading
📈SEC Notice on MIAX Sapphire Proposed Rule Change for Error Accounts
The SEC is publishing a notice regarding MIAX Sapphire's proposed rule change to adopt Exchange Rule 2005, which establishes regulations for Floor Broker error accounts. This aims to improve clarity in exchanges' rule texts and ensure efficient processing of bona fide errors within the options trading framework.
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Notice
2 Apr 2025
nasdaq phlx, options trading, financial regulation, floor brokers, rebates
💰Nasdaq PHLX Proposes Rule Changes Affecting Options Fees
The Nasdaq PHLX has filed a proposed rule change to amend its Pricing Schedule related to Multiply Listed Options Fees and clarify the structure of Floor Qualified Contingent Cross Rebates, highlighting how these rebates are paid to Floor Brokers and their potential impact on trading dynamics within the market.
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Regulatory Requirements, Financial Implications
23 Jan 2025
trading, regulations, nyse, options fee schedule, floor brokers