📈SEC Extends Review Period for Canary PENGU ETF Trading Proposal
The SEC has designated a longer review period for the proposed rule change concerning the Canary PENGU ETF, allowing additional time to consider its implications. This follows multiple amendments to the initial filing by Cboe BZX Exchange, emphasizing the regulatory diligence surrounding the listing and trading of commodity-based trust shares.
Learn More📈Analysis of Proposed Cboe BZX Rule Change for TRX ETF
The Securities and Exchange Commission is considering a proposed rule change by Cboe BZX Exchange to list and trade shares of the Canary Staked TRX ETF. The proposal aims to allow the Trust to hold TRX and trade shares while seeking to track TRX's performance, raising discussions about regulatory compliance and investor protection.
Learn More💲NYSE Texas Announces Fee Schedule Changes for Connectivity Ports
The NYSE Texas has proposed changes to its Fee Schedule, amending rules regarding connectivity ports and introducing fees for drop copy ports. The initiative aims to standardize fees with NYSE Arca, promoting efficiency and simplifying the fee structure for Participant Firms while ensuring compliance with regulatory standards.
Learn More📈Nasdaq Proposes Rule 5703 for Class ETF Shares Trading
The document details a notice from the SEC regarding Nasdaq’s proposed Rule 5703, which aims to allow the generic listing and trading of Class ETF Shares. The proposed rule seeks to amend existing regulations, facilitating a more efficient process for ETF providers and enhancing market competition. The SEC is also soliciting comments on the rule change.
Learn More📈Cboe Introduces Fees for One-Minute Interval Trading Data
The Cboe C2 Exchange has proposed a fee structure for its new One-Minute Interval Intraday Open-Close Report, allowing firms to access detailed trading data with subscription and ad-hoc purchasing options. The proposal also includes a Qualifying Academic Discount for educational institutions, expecting to enhance insight into trading activities.
Learn More📈NYSE Texas Proposes Changes to Fee Schedule for Drop Copy Port
The Securities and Exchange Commission has published a notice regarding NYSE Texas's proposed rule change to amend its Fee Schedule by adding a drop copy port that mirrors the one from NYSE Arca. This optional service aims to enhance order activity tracking without imposing additional fees for redundant data streams.
Learn More📈SEC Notice on Changes to Bitcoin ETF Position and Exercise Limits
The SEC issued a notice regarding a proposed amendment to position and exercise limits for Bitcoin ETFs. This change aims to enhance trading volume and market competition by increasing the limits from 25,000 to 250,000 contracts, aligning regulations with other exchanges, and addressing potential market manipulation concerns.
Learn More📈SEC Proposes Increased Position Limits for iShares Bitcoin ETF Options
The Securities and Exchange Commission has published a notice regarding the proposed amendment to BOX Rule 3120, suggesting an increase in position and exercise limits for iShares Bitcoin Trust ETF options. This change is intended to foster a more competitive and liquid market for these financial instruments, aligning with the trend of increasing trading activity in bitcoin-related products.
Learn More📈NYSE Proposes Amendments to Auction Reference Price Calculations
The NYSE American LLC has proposed changes to Rule 7.35E to enhance the calculation of the Auction Reference Price for various auctions. This aims to improve the accuracy of pricing by reflecting more recent trading activity, thus promoting greater transparency in the auction process and the overall marketplace. The proposed amendments are set to be implemented by the end of 2025, pending SEC approval.
Learn More📈NYSE Rule Change Enhances Auction Price Calculations
The New York Stock Exchange proposes amendments to Rules 7.35A and 7.35C, aiming to improve reference price calculations for auctions. By adopting a more dynamic formula that considers recent trading activities, the changes seek to enhance market transparency, benefiting investors and participants by providing a more accurate reflection of current market conditions.
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