📈NYSE American Announces Changes to Connectivity Fee Schedule
The Securities and Exchange Commission published a notice from NYSE American regarding a proposed rule change to amend the Connectivity Fee Schedule for third-party systems and data feeds. This change aims to expand access and clarify fee structures for businesses utilizing these connectivity options, responding to user demand for varied data services while maintaining competitive pricing.
Learn More📈Cboe EDGA Launches Small Retail Broker Solutions Program
The SEC announces Cboe EDGA Exchange's proposed rule change aiming to establish a Small Retail Broker Hosted Solutions Program. This initiative seeks to offer reduced data costs and fee waivers for small retail brokers, fostering enhanced access to market information for retail investors and increasing competition within the financial data sector.
Learn More🏦SEC Commences Review of Texas Stock Exchange Registration Application
The Securities and Exchange Commission is reviewing the application filed by Texas Stock Exchange LLC for registration as a national securities exchange. This includes examining the proposed trading system, governance structure, and feedback from public comments, aiming to ensure compliance with the Securities Exchange Act of 1934.
Learn More📈Cboe Exchange's Proposed Rule Change for Match Trade Prevention
The SEC has approved amendments to Cboe Exchange's Rule 11.25, allowing users to utilize Match Trade Prevention (MTP) functionality for Periodic Auction Orders. This integration aims to enhance trading efficiency while reducing the risk of wash sales and self-trades, thus promoting better compliance and order management for trading participants.
Learn More⚖️Proposed Rule Change to Disruption Rules by NSCC
The Securities and Exchange Commission has published a notice concerning the proposed amendment to the Disruption Rules of the National Securities Clearing Corporation. This amendment aims to update critical definitions and streamline operational procedures affecting security transactions, with the goal of enhancing compliance and risk management practices within financial markets.
Learn More📈SEC Notice on Regulatory Responsibilities Allocation Between FINRA and GIX
The SEC publishes a notice regarding a proposed regulatory responsibility allocation plan between FINRA and Green Impact Exchange, LLC (GIX). The plan seeks to alleviate regulatory redundancies for firms that are members of both organizations, specifically addressing compliance with rules and regulations to enhance operational efficiency and oversight.
Learn More📈MIAX Pearl Proposes Amendments to Trading Rules for Compliance
The Securities and Exchange Commission published a notice regarding MIAX Pearl's proposed rule changes to amend trading rules, including risk settings and erroneous executions. The changes aim to enhance clarity and consistency within the Exchange's rule framework, facilitating better compliance for equity members and ensuring a more orderly trading environment.
Learn More📈Proposed Rule Changes for Options Trading on Commodity Trust Shares
This document details proposed rule changes by Cboe Exchange and related entities allowing options on Commodity-Based Trust Shares. It emphasizes the benefits of hedging opportunities and increased market transparency, while inviting comments from interested stakeholders about the implications of the proposed changes on market practices and investor protections.
Learn More📈Cboe's Proposed Rule Change for Exclusively Listed Options Opening
The Securities and Exchange Commission discusses Cboe C2 Exchange's proposed amendments to its opening process for exclusively listed index options. The changes aim to streamline trading, allowing quicker openings even amid wide market conditions. The proposal seeks to enhance transparency and efficiency, benefiting market participants and supporting fair trading practices.
Learn More🖥️Nasdaq Ends Cabinet Proximity Option Program
The Nasdaq Stock Market LLC has announced the termination of its Cabinet Proximity Option program, allowing customers to reserve cabinet space near existing equipment. This decision aims to enhance the management of data center capacity during ongoing expansions and streamline immediate order placements, ultimately impacting firms that utilize these services for co-location.
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