📈Cboe EDGX Exchange's Proposed Changes for Retail Orders
The SEC has published a notice regarding Cboe EDGX Exchange's proposed rule change to amend Rule 11.21, allowing Retail Member Organizations to enter retail orders in a principal capacity under new compliance requirements. The Commission has extended the decision timeline to allow further consideration of the proposal and its implications for the trading landscape.
Learn More📈Cboe EDGX Amendments for Retail Orders in Principal Capacity
The Cboe EDGX Exchange proposes to amend its rules to allow Retail Member Organizations to enter retail orders in a principal capacity. This change aims to improve execution prices for retail customers and requires RMOs to adopt new compliance measures, enhancing market efficiency and competition while fostering better trading conditions for individual investors.
Learn More📈NYSE Proposes Amendments to Enhance Retail Order Routing
The Securities and Exchange Commission has published a notice regarding NYSE National, Inc.'s proposed amendments to Rules 7.37 and 7.44. These changes introduce an optional retail routing strategy aimed at improving order execution and liquidity, providing additional opportunities for price improvement in the retail trading sector.
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