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💹Proposed Changes to NYSE American Fees May Impact Trading Strategies

The NYSE American LLC has filed a notice regarding proposed amendments to transaction fees and credits for Electronic Designated Market Makers. These changes aim to enhance liquidity and competitiveness in the market, responding to the evolving trading landscape and investor needs. The proposal includes introducing a new higher credit option for eDMMs to incentivize increased liquidity provision.

💰SEC Proposes Rule Change for In-Kind ETF Transactions

The Securities and Exchange Commission (SEC) has published a notice regarding the proposed rule change by the Cboe BZX Exchange to allow in-kind creations and redemptions for the Franklin Bitcoin ETF, Franklin Ethereum ETF, and the Franklin Crypto Index ETF. This change aims to enhance market efficiency and liquidity for authorized participants, impacting the trading dynamics of these funds.

⏰Cboe BZX Extends Early Trading Session Hours to Enhance Liquidity

The Cboe BZX Exchange has proposed a rule change to extend its Early Trading Session hours from 7

📈Cboe EDGX Fee Schedule Amendments Impacting Trading Costs

Cboe EDGX Exchange proposes amendments to its Fee Schedule, including changes to Add/Remove Volume Tiers and Market Quality Tiers. These adjustments aim to enhance liquidity and encourage higher trading volumes by offering revised criteria for rebates associated with specific order types, ultimately contributing to a more competitive market environment.

📈Nasdaq Proposes Changes to Fee Structure and Incentives

Nasdaq announces a proposed rule change aimed at amending fee structures, introducing new fee credits, and adjusting existing requirements for trading on the Exchange. These amendments are intended to encourage liquidity and enhance market quality, ultimately fostering a competitive trading environment for participants.

📈SEC Considers Proposed Rule Change for BondBloxx Trust Shares

The SEC is reviewing a proposed rule change to list and trade BondBloxx Private Credit Trust shares, which aims to provide risk-adjusted returns through a diversified portfolio of consumer and small business credit assets. The assessment includes evaluating the trust's liquidity strategy and potential market manipulation risks, inviting public comment for further deliberation.

📈Nasdaq Updates Initial Listing Liquidity Requirements for IPOs

The Nasdaq Stock Market's new rule requires companies listing in connection with an IPO to meet liquidity requirements solely from offering proceeds. This adjustment aims to enhance market stability and ensure adequate investor interest, while also affecting companies uplisting from the OTC market. The measures are designed to promote fair trading practices and improve overall market efficiency.

📈Cboe Exchange Updates Preferred Market-Maker Participation Rules

The Securities and Exchange Commission published a notice regarding a rule change by Cboe Exchange, impacting the participation entitlements of Preferred Market-Makers (PMMs). The amendment proposes a 60/40 entitlement percentage and ensures PMMs receive at least one contract if they quote at the best price, aiming to enhance liquidity and trading opportunities.

💵Cboe EDGA Proposes Fee Changes for Securities Below $1

Cboe EDGA Exchange proposes a revision to its fee schedule, modifying rates for adding and removing liquidity associated with securities priced below $1. The change is designated for immediate effectiveness, signaling a shift in trading cost dynamics for affected securities. The Commission invites public comments on this significant regulatory alteration.

📜SEC Notice