📈Nasdaq MRX Proposes Rule Change on SQF Ports for Market Makers
Nasdaq MRX proposes a rule change to limit the number of Specialized Quote Feed (SQF) Ports a Market Maker can subscribe to in a month, aiming for greater efficiency in connectivity management. The cap is set at 250 ports, impacting how Market Makers operate while fulfilling regulatory obligations. The changes are intended to secure trading environments and promote market growth.
Learn More📈Proposed Rule on SQF Ports Limits Impacting Market Makers
The Securities and Exchange Commission has announced the immediate effectiveness of Nasdaq PHLX LLC's proposed rule change to limit the number of Specialized Quote Feed Ports (SQF) a Market Maker can subscribe to per month. This limit aims to enhance efficiency and manage connectivity, impacting the operational strategies of market participants.
Learn More📈SEC Approves FLEX Options for Bitcoin ETFs
The Securities and Exchange Commission has approved a proposed rule change allowing the trading of flexible options on the Grayscale Bitcoin Trust and related exchange-traded funds. This change introduces customized options contracts, enhancing trading strategies and risk management for market participants while maintaining safeguards against market manipulation.
Learn More📈Rule Change Permits New Options Trading on Grayscale Bitcoin Trust
The Securities and Exchange Commission approved a proposed rule change from NYSE Arca to amend trading limits on options related to the Grayscale Bitcoin Trust (GBTC). The revision allows for flexible exchange options, enhancing market participation and liquidity while maintaining robust regulatory oversight. The change aims to facilitate better trading conditions within the evolving cryptocurrency market.
Learn More💰New Position and Exercise Limits Approved for Bitcoin Options
The SEC has approved a proposed rule change from Nasdaq ISE to amend position and exercise limits for options on the iShares Bitcoin Trust ETF. The change replaces the previous 25,000-contract limit with a higher 250,000-contract threshold, promoting enhanced trading flexibility and market liquidity. The rule aims to align regulatory frameworks with evolving market dynamics in cryptocurrency options.
Learn More📈Proposed Rule for Grayscale Litecoin Trust
The Securities and Exchange Commission has announced the designation of a longer period for considering a proposed rule change by NYSE Arca to list and trade shares of the Grayscale Litecoin Trust under specific rules. This extension allows the Commission to thoroughly assess the implications of the proposed rule change before making a decision.
Learn More📊Nasdaq GEMX Proposes Rule Change on SQF Ports Subscription Limit
Nasdaq GEMX aims to enhance trading efficiency and manage connectivity with a proposed rule limiting Market Makers to 250 Specialized Quote Feed Ports per month. This change is designed to promote better regulatory compliance and operational efficiencies while securing investor interests within the trading environment, set to be effective from August 2025.
Learn More📈Nasdaq ISE Proposes SQF Ports Subscription Limit for Market Makers
The Securities and Exchange Commission published a notice regarding a proposed rule change by Nasdaq ISE, LLC aimed at imposing a limit of 250 Specialized Quote Feed Ports that Market Makers may subscribe to each month. This change is intended to enhance operational efficiency and ensure secure trading practices while maintaining necessary regulatory oversight.
Learn More📈MIAX Pearl Introduces Selective Liquidity Auto Purge Feature
MIAX Pearl, LLC proposes a new Selective Liquidity Auto Purge (SLAP) feature to enhance order cancellation functionality in trading. This feature allows Members to group orders and tailor cancellations based on individual risk strategies, thereby improving trading efficacy and risk management in the market environment.
Learn More📈Cboe EDGX Exchange's Proposed Changes for Retail Orders
The SEC has published a notice regarding Cboe EDGX Exchange's proposed rule change to amend Rule 11.21, allowing Retail Member Organizations to enter retail orders in a principal capacity under new compliance requirements. The Commission has extended the decision timeline to allow further consideration of the proposal and its implications for the trading landscape.
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