💻NYSE American Proposes Changes to Connectivity Fee Schedule
The NYSE American has filed with the SEC to amend its Connectivity Fee Schedule, proposing TF Connections to the trading floors. This includes virtual control circuits and virtual routing services, enabling users to connect easily with exchange platforms while ensuring compliance with existing regulations. The fee structure remains unchanged, offering businesses various connectivity options.
Learn More📈NYSE Proposes Rule Change for Affiliate Name Update
The New York Stock Exchange is filing a proposed rule change to conform its rules to reflect the name change of its affiliate from NYSE Chicago, Inc. to NYSE Texas, Inc. The changes are non-substantive and aim to enhance clarity and transparency in trading rules, simplifying compliance for market participants.
Learn More📈NYSE National Rules Amendments for Retail Price Improvement Strategy
The SEC has approved proposed changes to NYSE National rules that introduce a Retail Price Improvement Seeking routing strategy for Type 1 Retail Orders. This amendment aims to enhance the retail liquidity program, offering retailers the potential for improved order execution by routing to the NYSE, thereby fostering competition within the market.
Learn More📈NYSE Arca Proposes Rule Change on Virtual Connectivity Services
The NYSE Arca has filed a proposed rule change to amend its connectivity fee schedule, introducing Virtual Control Circuit services that connect to trading floors. This proposal aims to enhance competition among circuit providers and offer users expanded options for trading data transmission, with an equal application to all market participants.
Learn More📈SEC Approves FICC's Proposed Volatility Event Charge for Risk Management
The Securities and Exchange Commission has approved the Fixed Income Clearing Corporation's proposal to implement a Volatility Event Charge. This new charge aims to enhance margin methodologies, managing credit risk more effectively by assessing additional fees during periods of heightened market volatility linked to scheduled economic events. The charge is expected to improve financial resilience for member firms amidst significant market fluctuations.
Learn More💼LCH SA Proposes New Collateral Concentration Limits for Clearing Members
The Securities and Exchange Commission (SEC) has announced LCH SA's proposed rule change to amend collateral concentration limits for supranational and European agency securities. The revision aims to provide more flexibility for clearing members in meeting initial margin requirements, allowing for individual limits per issuer while maintaining risk management standards.
Learn More📈NSCC Proposed Changes to Intraday Margin Collection Rules
The SEC has published a notice regarding a proposed rule change by the NSCC aimed at enhancing the collection of intraday margin. The amendments seek to establish new requirements for monitoring intraday exposures and revising margin call processes, improving transparency and compliance measures under existing clearing agency standards.
Learn More📈SEC Proposal for Listing Shares of Canary SUI ETF
The Securities and Exchange Commission is considering a proposed rule change for the Cboe BZX Exchange to list and trade shares of the Canary SUI ETF. The proposal outlines the structure, governance, and operational details of the ETF, which will hold the SUI cryptocurrency, enhancing market accessibility for investors and reinforcing regulatory compliance in digital assets.
Learn More🏦SEC Notice on Exemption Application for Connetic Venture Fund
The SEC has issued a notice regarding Connetic Venture Capital Access Fund's application for exemptions under the Investment Company Act. The applicants seek permission to issue multiple classes of shares, apply early withdrawal charges, and implement asset-based fees. Interested parties may request a hearing on the application by contacting the SEC.
Learn More💳MIAX Emerald Proposes Alternative Payment Instructions for Members
MIAX Emerald, LLC filed a proposed rule change to amend its billing system, allowing members to provide alternative payment instructions for fee collections. This change aims to ease operational burdens by enabling direct debits outside of the current Clearing Member requirements. The proposal seeks to provide flexibility while ensuring prompt fee collection for the Exchange.
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