Notice 29 Sep 2025 investment, etf, crypto, regulation, securities, compliance, nasdaq

📈Nasdaq Proposes Rule Change for Hashdex Crypto Index US ETF

The Nasdaq Stock Market has filed a proposed rule change to amend the Hashdex Nasdaq Crypto Index US ETF, aligning it with generic listing standards and eliminating certain requirements from the original filing. The change aims to enhance operational efficiencies and facilitate compliance with ongoing standards for trading and investment.

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Notice 29 Sep 2025 credit, trading, liquidity, nasdaq, financial regulation

💰Nasdaq Introduces New Supplemental Credit for Trading Activity

The Nasdaq Stock Market LLC has proposed a new supplemental credit for members to enhance displayed quotes and orders under Equity 7, Section 118(a)(1). The credit aims to incentivize increased liquidity on the exchange, specifically through late Limit On Close orders, thereby improving overall market quality and trading dynamics.

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Notice 29 Sep 2025 financial products, cryptocurrency, securities regulation, index options, nasdaq, bitcoin

💹Nasdaq Bitcoin Index Options Proposed for Trading Regulation

The Securities and Exchange Commission has published a notice regarding Nasdaq PHLX LLC's proposed rule change to list and trade Nasdaq Bitcoin Index Options. This new product aims to provide a regulated platform for Bitcoin price reflection, offering opportunities for investors and improving market efficiency. The proposal includes detailed methodologies for settlement and compliance with existing regulations.

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Notice 29 Sep 2025 exchange, regulation, securities, trading, pricing, compliance, options, nasdaq

📈Nasdaq Options Proposed Rule Change Impacts Fees and Pricing

The Securities and Exchange Commission is reviewing Nasdaq PHLX LLC's proposed rule change to establish pricing for new electronic options functionality. This includes fees for electronic FLEX Options, various mechanisms for order facilitation, and associated updates that aim to attract increased trading activity and enhance market liquidity.

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Notice 26 Sep 2025 order entry, trading, nasdaq, financial regulation, exchange protocols, market efficiency

⚖️Nasdaq PHLX Introduces CORE FIX Order Entry Protocol

Nasdaq PHLX LLC has proposed the CORE FIX Order Entry Protocol to enhance trading efficiencies by combining features of existing protocols while streamlining functionality. This change aims to improve order handling for participants who do not require routing strategies, ensuring faster and more efficient trading experiences within the Exchange.

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Notice 23 Sep 2025 market makers, nasdaq, trading fees, financial regulations, options trading, sec

📈Nasdaq MRX Proposes Changes to Options Trading Fees

The Nasdaq MRX has announced a proposed rule change regarding adjustments to its SQF Port and SQF Purge Port fees, impacting Market Makers. The amendments include a new pricing structure and the removal of fee waivers, set to become effective starting January 1, 2026. The changes aim to align MRX fees with those of other exchanges while removing current caps on fees.

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Notice 22 Sep 2025 regulatory fees, nasdaq, cost reduction, compliance, options trading

📉Nasdaq Phlx Lowers Options Regulatory Fee for Businesses

The Securities and Exchange Commission (SEC) has published a notice regarding Nasdaq PHLX LLC's proposal to reduce its Options Regulatory Fee (ORF) from $0.0024 to $0.0003 per contract side. This change aims to align the revenue with regulatory costs and ensure equitable fee structures for all customer transactions in the options market.

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Notice 22 Sep 2025 securities and exchange commission, regulatory fees, nasdaq, gemx, options trading

📉Nasdaq GEMX Proposes Significant Reduction in Options Regulatory Fee

Nasdaq GEMX has announced a proposal to lower the Options Regulatory Fee (ORF) from $0.0009 to $0.0002 per contract side, effective October 1, 2025. This change aims to ensure that regulatory revenue aligns with the exchange's regulatory costs while establishing a fairer fee structure for its members. The proposal requires SEC approval and seeks to support customer trading activities effectively.

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Notice 22 Sep 2025 securities trading, blockchain, tokenized securities, nasdaq, compliance

📈Nasdaq's Tokenized Securities Proposal

The Securities and Exchange Commission published Nasdaq's proposed rule change to enable the trading of securities in tokenized form. This amendment aims to clarify how tokenized securities will be integrated within existing market systems, outlining definitions, trading protocols, and compliance requirements for market participants. The proposal reflects an ongoing evolution toward integrating blockchain technology into traditional securities trading.

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Notice 22 Sep 2025 trading, nasdaq, financial implications, regulatory fee, business compliance, options

📉Nasdaq Proposes Significant Reduction in Options Regulatory Fee

The Nasdaq Stock Market LLC has proposed a noteworthy reduction in the Options Regulatory Fee (ORF), lowering it from $0.0005 to $0.00005 per contract, effective October 1, 2025. This change is aimed at ensuring the ORF Regulatory Revenue aligns with the Exchange's regulatory costs while maintaining compliance with federal regulations.

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