Notice 27 Aug 2025 sec, securities, regulatory change, trading fees, nasdaq, options trading, gemx, market makers

📉GEMX Proposes Changes to Maker Rebates and Taker Fees

The Securities and Exchange Commission has published a notice regarding a proposed rule change by Nasdaq GEMX to amend pricing schedules for options trading. The amendment includes adjustments to Maker Rebates for Market Makers and changes to Taker Fees for Priority Customers, aimed at incentivizing order flow and maintaining competitive market dynamics.

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Notice 22 Aug 2025 trading, regulation, securities, nyse, auction, market makers

📈NYSE Rule Change Enhances Auction Price Calculations

The New York Stock Exchange proposes amendments to Rules 7.35A and 7.35C, aiming to improve reference price calculations for auctions. By adopting a more dynamic formula that considers recent trading activities, the changes seek to enhance market transparency, benefiting investors and participants by providing a more accurate reflection of current market conditions.

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Notice 21 Aug 2025 compliance, regulation, securities, exchanges, market makers

📈MEMX Rule Change Notice for Improved Compliance and Clarity

The Securities and Exchange Commission publishes MEMX LLC's proposed rule change aimed at correcting non-substantive errors in their rulebook. The changes include updates to typographical errors, cross-references, and outdated citations to provide greater accuracy and clarity, ultimately serving to protect investors and enhance the trustworthiness of the exchange's operations.

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Notice 19 Aug 2025 sec, trading fees, nasdaq, liquidity, options market, market makers

📈Proposed Rule Change on Nasdaq Options Market Fees and Rebates

The SEC publishes a notice regarding Nasdaq's proposed rule changes to amend fees and rebates for the Nasdaq Options Market. Key changes include adjustments to NOM Market Maker fee structures, aiming to incentivize liquidity addition in Non-Penny Symbols. The proposal seeks to enhance competition and promote market efficiency among participants.

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Notice 14 Aug 2025 compliance, regulatory changes, securities, options trading, box exchange, market makers

📈Proposed Amendments to BOX Exchange Market Maker Obligations

The Securities and Exchange Commission is reviewing proposed rule changes by BOX Exchange LLC that amend various Market Maker obligations to clarify continuous quoting requirements and remove outdated provisions. The changes are intended to streamline compliance, enhance consistency with other exchanges, and ultimately improve market efficiency for options trading.

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Notice 1 Aug 2025 compliance, trading, regulation, securities, nasdaq, market makers

📈Nasdaq ISE Proposes SQF Ports Subscription Limit for Market Makers

The Securities and Exchange Commission published a notice regarding a proposed rule change by Nasdaq ISE, LLC aimed at imposing a limit of 250 Specialized Quote Feed Ports that Market Makers may subscribe to each month. This change is intended to enhance operational efficiency and ensure secure trading practices while maintaining necessary regulatory oversight.

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Notice 1 Aug 2025 regulation, financial services, securities exchange, nasdaq, market makers

📊Nasdaq Proposes Changes to SQF Port Fees for Market Makers

The Securities and Exchange Commission has issued a notice regarding Nasdaq's proposed rule change to limit the number of Specialized Quote Feed (SQF) Ports Market Makers can subscribe to, from an unlimited allocation to a maximum of 250 ports per month. This regulation aims to enhance market efficiency and secure a stable trading environment while ensuring compliance among Market Makers.

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Notice 1 Aug 2025 compliance, sec, trading, regulation, nasdaq, market makers, sqf ports

📈Proposed Rule on SQF Ports Limits Impacting Market Makers

The Securities and Exchange Commission has announced the immediate effectiveness of Nasdaq PHLX LLC's proposed rule change to limit the number of Specialized Quote Feed Ports (SQF) a Market Maker can subscribe to per month. This limit aims to enhance efficiency and manage connectivity, impacting the operational strategies of market participants.

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Notice 1 Aug 2025 trading, regulatory changes, securities, exchange commission, market makers

📈Nasdaq MRX Proposes Rule Change on SQF Ports for Market Makers

Nasdaq MRX proposes a rule change to limit the number of Specialized Quote Feed (SQF) Ports a Market Maker can subscribe to in a month, aiming for greater efficiency in connectivity management. The cap is set at 250 ports, impacting how Market Makers operate while fulfilling regulatory obligations. The changes are intended to secure trading environments and promote market growth.

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Notice 1 Aug 2025 trading, regulation, finance, securities, nasdaq, market makers

📊Nasdaq GEMX Proposes Rule Change on SQF Ports Subscription Limit

Nasdaq GEMX aims to enhance trading efficiency and manage connectivity with a proposed rule limiting Market Makers to 250 Specialized Quote Feed Ports per month. This change is designed to promote better regulatory compliance and operational efficiencies while securing investor interests within the trading environment, set to be effective from August 2025.

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