📈SEC Notice on Dream Exchange's Securities Exchange Registration
The SEC has announced a longer period for reviewing Dream Exchange Holdings, Inc.'s application for national securities exchange registration. Initially filed in February 2025, the application and its amendments have received no public comments. The new deadline for a decision is set for November 28, 2025, allowing the SEC more time to assess compliance with regulatory standards.
Learn More📈Proposed Fees for One-Minute Intraday Open-Close Report by Cboe BZX
The Cboe BZX Exchange has proposed adopting fees for its new One-Minute Intraday Open-Close Report, with subscription options for firms and educational discounts for academic institutions. This change aims to enhance the data services provided to various market participants, reflecting an evolving landscape in market data access and fees.
Learn More📈SEC Proposes New Position Limits for Bitcoin ETF Options
The SEC published a notice regarding the proposed changes to the position limits for options on Bitcoin ETFs, allowing for an increase from 25,000 to 250,000 contracts. This change is expected to enhance market liquidity and competitiveness while maintaining safeguards against potential market manipulation. The adjustment aligns with similar rules approved for other ETF options, promoting efficiency and investor confidence in the marketplace.
Learn More📈BOX Exchange Removes Liquidity Taker Event Reports and Fees
The SEC notice details BOX Exchange LLC's proposed rule change to delete the Liquidity Taker Event Reports and related fees, which were intended for market participants but never launched for purchase. This amendment aims to eliminate confusion about the Exchange's current market data offerings and ensure the Fee Schedule accurately reflects available products.
Learn More💰NSCC Proposes to Remove Other Transactions Charge - Business Impact
The Securities and Exchange Commission (SEC) has received a proposal from the National Securities Clearing Corporation (NSCC) to eliminate the Other Transactions Charge in its rules. This move aims to align fees with actual market risks and enhance the efficiency of securities transactions conducted by NSCC Members, benefiting overall market participation.
Learn More📈Proposed Rule Change for LTSE Liquidity Incentive Program
The Securities and Exchange Commission published a notice regarding the Long-Term Stock Exchange's proposed rule change to amend its Liquidity Incentive Program. This change aims to reduce the quoting threshold for Members, encouraging greater liquidity and participation in select securities. The modifications seek to enhance overall market quality and incentivize continuous quoting at the National Best Bid and Offer.
Learn More📈SEC Notice
The SEC announces the filing and immediate effectiveness of an amendment to the National Market System Plan, adding 24 National Exchange LLC as a Participant. This amendment will alter existing market structures by integrating a new exchange, thereby impacting regulatory compliance and engagement within the national securities framework.
Learn More📈Nasdaq Proposes Rule Change for VanEck Bitcoin ETF Options Limits
The Securities and Exchange Commission has published a notice regarding Nasdaq's proposed rule change to amend position and exercise limits for options on the VanEck Bitcoin ETF. The proposal aims to align the limits with other exchanges, promoting consistency and fairness in the trading of these financial instruments. Comments from stakeholders are invited.
Learn More📈Proposed Changes to Cboe EDGX Fee Schedule Impacting Trading
The proposed rule change by Cboe EDGX Exchange aims to amend fees by modifying Add Volume Tier 8 criteria and decreasing the associated rebate. These changes reflect market competitiveness and are designed to encourage order flow to the exchange, which could enhance market liquidity and execution quality. The revised structure impacts trading strategies and rebate generation for members.
Learn More📈MIAX Approval for Micro Narrow-Based Index Options Trading
The SEC approves MIAX’s proposed rule changes, which allow the listing and trading of options on micro narrow-based indexes. The amendments establish criteria for initial listings and continuing requirements, enhancing market access and addressing liquidity concerns. This initiative aligns MIAX’s rules with competitor exchanges, fostering a competitive trading environment.
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