Notice
2 Jul 2025
trading, exchange, regulation, securities, nasdaq, etp, market pricing
📈Nasdaq Proposes Enhanced Closing Price Determination for ETPs
The Securities and Exchange Commission has announced a proposed rule change by Nasdaq to modify how the Official Closing Price (NOCP) is determined for exchange-traded products (ETPs) with less than one round lot traded. By adopting a time-weighted average price method, the proposal aims to provide a more accurate reflection of ETP values, particularly for those with lower trading volumes.
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