Notice 31 Mar 2025 compliance, securities exchange, trading regulations, matches trade prevention, periodic auctions

⚖️Proposed Rule Change on Periodic Auction Orders by Cboe BYX Exchange

The Cboe BYX Exchange has filed a proposed rule change to amend Exchange Rule 11.25(e) to allow users to utilize Match Trade Prevention (MTP) functionality for Periodic Auction Orders. This change aims to enhance order management by providing users with tools to prevent undesirable trading activities, fostering increased participation and liquidity in Periodic Auctions.

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