📈Nasdaq Options Proposed Rule Change Impacts Fees and Pricing
The Securities and Exchange Commission is reviewing Nasdaq PHLX LLC's proposed rule change to establish pricing for new electronic options functionality. This includes fees for electronic FLEX Options, various mechanisms for order facilitation, and associated updates that aim to attract increased trading activity and enhance market liquidity.
Learn More💰Nasdaq Introduces New Supplemental Credit for Trading Activity
The Nasdaq Stock Market LLC has proposed a new supplemental credit for members to enhance displayed quotes and orders under Equity 7, Section 118(a)(1). The credit aims to incentivize increased liquidity on the exchange, specifically through late Limit On Close orders, thereby improving overall market quality and trading dynamics.
Learn More📈Cboe BZX Proposes Early Trading for ETP IPO Securities
The Cboe BZX Exchange has proposed a rule change to allow exchange-traded products (ETPs) eligible for initial public offerings (IPOs) to begin trading in the Early Trading Session. This change aims to enhance trading flexibility and liquidity, offering issuers the option to commence trading at 4
Learn More⚖️Nasdaq PHLX Introduces CORE FIX Order Entry Protocol
Nasdaq PHLX LLC has proposed the CORE FIX Order Entry Protocol to enhance trading efficiencies by combining features of existing protocols while streamlining functionality. This change aims to improve order handling for participants who do not require routing strategies, ensuring faster and more efficient trading experiences within the Exchange.
Learn More📈New Warrant Incentive Program by 24X Exchange to Boost Trading
The Securities and Exchange Commission announces a proposed rule change for 24X National Exchange LLC, implementing a Warrant Performance Incentive Program to encourage member participation through the purchase of Non-Voting Common Units based on trading volume metrics. The program aims to enhance market liquidity and trading volumes within the exchange.
Learn More📊Proposed Rule Change for MIAX Market Data Feed Enhancement
The Miami International Securities Exchange (MIAX) is proposing changes to its Administrative Information Subscriber market data feed. The amendments aim to enhance transparency by adding an origin code to liquidity seeking event notifications, thereby providing subscribers with real-time information on trading activity and improving market data quality.
Learn More🏦SEC Extends Review Period for BondBloxx Private Credit Trust Listing
The SEC has designated a longer review period for a proposed rule change to list and trade shares of the BondBloxx Private Credit Trust under BZX Rule 14.11(f). The extension allows for thorough consideration of the proposed listing and any related issues raised during the comment period.
Learn More🔗MIAX Sapphire Proposes API Access to Member Firm Portal
MIAX Sapphire, LLC proposes a rule change to enhance its Member Firm Portal (MFP) by offering API access for members. This new functionality enables automated interactions with the MFP, promoting efficient trade adjustments, risk management, and compliance, while retaining the existing web portal access at no additional cost.
Learn More📈Cboe BZX Exchange Proposes New Complex Order Market Data Feeds
The Cboe BZX Exchange proposes new market data products, including Complex Order Feeds, to enhance trading information for market participants. These feeds will offer real-time data on the Complex Order Book, promoting informed investment decisions and reflecting the Exchange's compliance with securities regulations. Comments from interested parties are being solicited.
Learn More📈MIAX Sapphire Updates Rule Citations for Regulation NMS Compliance
The Securities and Exchange Commission has published a notice regarding MIAX Sapphire's proposed rule change to update citations to Rule 600(b) of Regulation NMS. This change aims to enhance clarity and compliance within the Exchange's Rulebook and ensure that members and the investing public can navigate the rules more effectively.
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