📈Proposed Rule Change on Regular Hours Orders in Securities Trading
The Securities and Exchange Commission has issued a notice regarding a proposed rule change by 24X National Exchange LLC. This change mandates that Regular Hours Only orders must be submitted within specific timeframes, aligning the exchange's practices with those of other national exchanges and aiming to enhance market efficiency and investor protection.
Learn More📈NYSE Texas Amends Rule for Data Feeds and Compliance
The NYSE Texas is proposing an amendment to Rule 7.37 to specify its primary and secondary sources of data feeds for order handling, execution, routing, and compliance, particularly in light of the upcoming launch of the 24X National Exchange. This change aims to enhance market transparency and operational clarity for all participants.
Learn More💰Nasdaq PHLX Proposes Reduction in Options Regulatory Fee
The Securities and Exchange Commission published a notice regarding Nasdaq PHLX LLC's proposal to lower its Options Regulatory Fee from $0.0034 to $0.0024 per contract. This change, effective August 1, 2025, aims to align regulatory revenue with operational costs while ensuring equitable allocation among member organizations. The proposal seeks to enhance compliance and reduce transaction costs for participants in options trading.
Learn More📈ICE Clear Credit's Proposed Rule Change on CDS Reference Obligations
ICE Clear Credit LLC has proposed changes to its rules regarding Contract Reference Obligations for Credit Default Swap contracts. This change aims to enhance clarity and transparency in the selection process, ensuring timely and accurate market representations while incorporating public consultations to address any potential objections.
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