💼Cboe C2 Exchange Updates Certification Logical Port Fee Structure
The Cboe C2 Exchange has filed a proposed rule change to clarify its Fee Schedule regarding Certification Logical Port fees. The amendment specifies that fees will apply only to certification ports corresponding to those available in the live production environment, affecting trading permit holders and their testing environments.
Learn More💻Cboe EDGA's Proposed Fees for Dedicated Cores
The SEC has published a notice regarding Cboe EDGA Exchange's proposed fee changes for Dedicated Cores, which aim to enhance trading efficiency. The changes introduce a tiered pricing model and a limit on the number of cores accessible to Users, reflecting the growing demand for reduced trading latency and improved performance while maintaining fair resource allocation among participants.
Learn More📈MIAX Sapphire Proposes Rule Change for Reverse Stock Split
The Securities and Exchange Commission published a notice regarding MIAX Sapphire's filing to amend its certificate of incorporation for a proposed reverse stock split. The changes aim to retain existing ownership and voting limitations while allowing for structural adjustments within the exchange's governance framework. Shareholders are required to approve the amendments to proceed with the changes.
Learn More📈OCC Rule Change Proposal for Options Clearing Agreement Approved
The proposed rule change involves the adoption of a new Participant Exchange Agreement by the Options Clearing Corporation (OCC), replacing the outdated version. This update aims to align the terms with current regulations and practices while addressing financial risks and enhancing operational efficiency between the OCC and national securities exchanges.
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📈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🏦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⚖️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📈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📈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.
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