📈Miami International Exchange Proposes Key Changes to Governance Structure
The Securities and Exchange Commission has noticed a proposed rule change from the Miami International Securities Exchange to amend its certificate of incorporation. The changes involve a reverse stock split of its capital structure and aim to clarify ownership and voting limitations, ensuring compliance with regulatory standards and maintaining operational integrity.
Learn More💰Proposed Rule Change on Market Data Fees by Miami Exchange
The Miami International Securities Exchange has proposed amendments to its fee schedule for proprietary market data feeds, introducing new categories and pricing structures. The changes aim to align fees with those of affiliated exchanges while addressing subscription handling and ensuring equitable fee allocation to various users, including Professional and Non-Professional Users.
Learn More📈Proposed Rule Change on MIAX Fee Schedule Affecting Select Symbols
The Miami International Securities Exchange (MIAX) has filed a proposed rule change to amend its Fee Schedule by removing the Select Symbol “X," pertaining to United States Steel Corporation, from its Priority Customer Rebate Program. This change follows the delisting of United States Steel Corporation's options, aiming to clarify the incentives for Priority Customer orders on the Exchange.
Learn More💰Implementation of CAT Fee 2025-2 by Miami International Securities Exchange
The Securities and Exchange Commission has published a notice regarding the filing of a proposed rule change by Miami International Securities Exchange to implement CAT Fee 2025-2. This fee is intended to cover the costs of maintaining the Consolidated Audit Trail, aiming to recover expenses incurred in the operational and regulatory frameworks for the period from July to December 2025.
Learn More📈Proposed Rules for Micro Narrow-Based Index Options Trading
The Miami International Securities Exchange proposes to amend index options rules to introduce micro narrow-based indexes. This includes establishing listing and maintenance standards for these indexes, aiming to enhance trading opportunities and market liquidity. The regulations are designed to ensure proper oversight and maintain market integrity while fostering innovation in options trading.
Learn More⏳SEC Proposes Change to CAT Compliance Rule on Timestamp Exemption
The SEC announced the immediate effectiveness of a proposed rule change by the Miami International Securities Exchange, LLC, to amend Rule 1706, updating the expiration date of an exemption related to timestamp granularity from April 8, 2025, to April 8, 2030. This change aims to ensure compliance with the extended relief granted to Industry Members regarding reporting practices under the Consolidated Audit Trail.
Learn More📈SEC Notice on Miami Exchange Rule 1327 for Options Transfers
The SEC published a notice on the Miami International Securities Exchange's proposed Rule 1327, which aims to allow in-kind exchanges of options positions and ETF shares. This rule change addresses current limitations on transfers, potentially improving tax efficiency and operational capabilities for investment vehicles like ETFs and UITs, ultimately benefiting investors.
Learn More📈Proposed Changes to MIAX Fee Schedule for Market Data Feeds
The Securities and Exchange Commission publishes a notice regarding the Miami International Securities Exchange's proposal to amend its fee schedule for proprietary market data feeds. This includes adopting new user and non-display usage fees, aimed at harmonizing with affiliated exchanges and enhancing transparency in market data pricing. The proposed changes will impact both internal and external distributors of the data feeds.
Learn More📈SEC Notice on MIAX Fee Schedule Update - Key Implications for Businesses
The Securities and Exchange Commission publishes a notice regarding the Miami International Securities Exchange's proposed rule change to amend its Fee Schedule by deleting obsolete language concerning temporary discounts for liquidity taker event reports. This aims to clarify the fee structure for subscribers and ensure accurate information post-system upgrades.
Learn More💻MIAX Proposes Testing Systems Access Fee for Businesses
The Miami International Securities Exchange has proposed a rule change to implement a monthly fee for accessing its testing systems environment via dedicated cross connections. This change is aimed at improving connectivity for software testing and certification, critical for upcoming Exchange technology changes. The fee structure applies uniformly to all market participants using either dedicated connections or free VPN access, ensuring equal opportunity without competitive advantage.
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