📈NYSE Proposes Amendments to Auction Reference Price Calculations
The NYSE American LLC has proposed changes to Rule 7.35E to enhance the calculation of the Auction Reference Price for various auctions. This aims to improve the accuracy of pricing by reflecting more recent trading activity, thus promoting greater transparency in the auction process and the overall marketplace. The proposed amendments are set to be implemented by the end of 2025, pending SEC approval.
Learn More📈NYSE Texas Proposes Rule Change on Auction Price Calculations
The NYSE Texas has filed a proposed rule change to amend Rule 7.35, enhancing how Auction Reference Prices are calculated during auctions. This aims to reflect more accurate market conditions and price movements, promoting transparency and better functioning of sales in auction processes on the exchange. The changes could impact trading practices significantly.
Learn More📈SEC Notice on Proposed Rule Change for Grayscale Solana Trust
The SEC has published a notice regarding the proposed listing of shares of the Grayscale Solana Trust under NYSE Arca Rule 8.201-E. This marks a significant step for digital asset investment, as the Trust aims to provide a regulated exchange-traded product for the Solana digital asset, addressing market demands and compliance standards.
Learn More💵NYSE Proposes New Fee for Limited Underwriting Members
The New York Stock Exchange has announced a proposed rule change to introduce a monthly fee of $350 for Limited Underwriting Members. This fee aims to attract more brokers and dealers to the Exchange while ensuring equitable access. The proposal emphasizes the Exchange's commitment to competitive pricing in a fragmented market, addressing regulatory compliance and operational viability for participating firms.
Learn More📈NYSE National Proposes Key Changes to Trading Halt Rules
NYSE National has filed a proposed rule change to amend trading halt regulations, defining new categories and processes for regulatory and operational halts. The amendments aim to clarify existing rules, promote consistent market practices, and ensure orderly trading during unusual market activity. Stakeholders are invited to comment on these proposed changes.
Learn More📈NYSE American Proposes Amendments to Order Routing Rules
The Securities and Exchange Commission has issued a notice regarding NYSE American LLC's proposed amendment to Rule 7.37E, allowing optional routing of orders to Away Markets that do not display protected quotations. This change aims to enhance market efficiency and facilitate additional trading venues, thereby promoting competition among exchanges and improving transaction opportunities for market participants.
Learn More📈NYSE Proposes Amendments to Order Routing Rule 7.37
The NYSE proposes to amend Rule 7.37, allowing order routing to additional Away Markets not displaying protected quotations. This change aims to promote optional routing functionality, enhance trading opportunities for member organizations, and improve market transparency, aligning rules with affiliated exchanges. Comments from the public on the rule change are solicited by the SEC.
Learn More📈NYSE American Options Fee Schedule Waiver
The SEC has published a notice regarding a proposed rule change by NYSE American to waive maximum combined Floor Broker credits for certain trades during selected months. This adjustment aims to promote liquidity and encourage continued trading activity within the exchange, thereby enhancing the overall market execution environment for participants.
Learn More📈NYSE Proposes Rule Change on Data Feed Sources for Trading
NYSE American LLC has filed a proposed rule change to amend Rule 7.37E, specifying the Exchange's primary and secondary sources of data feeds, including a new feed from 24X National Exchange. This amendment aims to enhance operational clarity, regulatory compliance, and market transparency for order handling and execution functions.
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.
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