📊Cboe EDGA Proposes Small Retail Broker Solutions and Fee Waivers
Cboe EDGA Exchange aims to enhance access to market data for small retail brokers by introducing a Hosted Solutions Program and revising eligibility criteria. The changes include notable fee waivers, making market data distribution more financially accessible for smaller broker-dealers and promoting competition within the retail sector.
Learn More💰24X National Exchange Proposes New Fee Structure for Members
The SEC has published notice regarding proposed fees and rebates by 24X National Exchange LLC, effective upon its launch as a national securities exchange. The proposal includes a competitive fee schedule aimed at attracting liquidity, with specific charges for removing liquidity and rebates for adding liquidity to the exchange. The structure is designed to encourage fair competition and price discovery among market participants.
Learn More📈New Rule Allows Generic Listing of Class ETF Shares on NYSE Arca
The Securities and Exchange Commission has announced a proposed rule change allowing NYSE Arca to list and trade Class Exchange-Traded Fund Shares. This change facilitates the trading of various ETF classes under flexible regulatory standards, aimed at enhancing market efficiency and investor options. The proposal invites public comments and is part of a broader effort to streamline ETF regulations.
Learn More📊Cboe BZX Introduces Small Retail Broker Hosted Solutions Program
The Cboe BZX Exchange has proposed a rule change to implement a Small Retail Broker Hosted Solutions Program. This initiative aims to enhance accessibility to market data for retail investors by introducing fee waivers and updating eligibility criteria to support small retail brokers in hosting data solutions for external subscribers.
Learn More⚖️Nasdaq BX Introduces CORE FIX Order Entry Protocol Enhancements
The Nasdaq BX is proposing a rule change to introduce the CORE FIX Order Entry Protocol, enhancing order processing efficiency and aligning existing rules with advanced handling capabilities. This will streamline order submissions for participants, offering improved performance while ensuring compliance with the regulatory framework. The implementation is expected to simplify trading for users not needing routing functionalities.
Learn More📈Cboe BYX Introduces Fees for All Cancels Report
The Cboe BYX Exchange proposes to implement fees for its new All Cancels Report, designed to offer market participants insights into cancel behavior and messaging activity. This report will enhance data availability and analysis for businesses, supporting their trading efficacy. A monthly fee structure is proposed, with options for bundled subscriptions.
Learn More📈Nasdaq's Proposed Rule Change for 21Shares SUI ETF Trading
The Securities and Exchange Commission is reviewing a proposed rule change by Nasdaq to list and trade shares of the 21Shares SUI ETF. This decision involves an analysis of compliance with regulations ensuring investor protection and market integrity, inviting public comment before a determination is made.
Learn More📈SEC Notice on NYSE Options Listing Proposal and Approval Timeline
The Securities and Exchange Commission has announced a longer period for reviewing proposed rule changes by NYSE American LLC and NYSE Arca Inc. These changes intend to allow the listing of options on Commodity-Based Trust Shares, aiming to enhance trading opportunities within the financial markets. The decision includes an extended deadline for approving or disapproving these changes.
Learn More📊Cboe EDGA Adopts New Fees for All Cancels Report
Cboe EDGA Exchange has announced a new fee structure for its All Cancels Report, introducing a monthly charge for subscribers. This report complements their existing market data offerings, providing comprehensive insights into cancel messages, which are crucial for market participants analyzing latency and trading behavior.
Learn More📈SEC Notice on Proposed Options Trading Regulations
The SEC has extended the timeframe for evaluating proposed rule changes from Cboe Exchange and affiliates to allow for the trading of options on Commodity-Based Trust Shares. This notice designates new deadlines for approval, providing the Commission additional time to assess the proposals and their implications for the market.
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