💵IEX Introduces Supplemental Market Quality Program for Trading Liquidity
The Securities and Exchange Commission announces a proposed rule change by the Investors Exchange LLC (IEX) to amend its fee schedule and establish a Supplemental Market Quality Program. This initiative incentivizes member firms to enhance displayed trading liquidity through financial payments for qualifying activities, aiming to improve overall market conditions and trading efficiency.
Learn More📉IEX Proposes Rule Change on Post Only Orders for Liquidity
The Investors Exchange LLC proposes a modification to its Post Only order type, requiring a minimum price improvement of $0.01 for execution upon entry. This change aims to encourage the posting of displayed liquidity and enhance market efficiency, aligning IEX with similar practices in other exchanges. The new rules are set to provide greater price determination for members and streamline trading operations.
Learn More📈Proposed Rule Change on Options Trading by Investors Exchange
The Securities and Exchange Commission has instituted proceedings to evaluate a proposed rule change from Investors Exchange LLC regarding the trading of options. This includes rules for a new trading facility called IEX Options, with innovative features designed to enhance market maker protection and promote efficient trading practices. The proposal encourages public comment for thorough analysis and review.
Learn More🔍Proposed Rule Change to Retire Proprietary Calculation by IEX
The Securities and Exchange Commission published a notice regarding a proposed rule change by Investors Exchange LLC, which aims to retire one of its proprietary mathematical calculations for assessing quotation probability. This amendment is designated for immediate effectiveness and is open for public comments to ensure alignment with regulatory standards.
Learn More💼SEC Notice on Proposed Rule Change for IEX Options Trading
The SEC has announced a longer review period for the proposed rule change from the Investors Exchange LLC, which seeks to govern the trading of options on a new facility called IEX Options. This notice outlines the procedural timeline and encourages public comments on the proposed changes to enhance the regulatory framework for trading options.
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