📈Nasdaq Proposes Canary Litecoin ETF Listing
The Securities and Exchange Commission has acknowledged a proposal from Nasdaq to list and trade shares of the Canary Litecoin ETF. This notice extends the review period for the proposal, allowing the Commission additional time to consider the implications and issues raised, highlighting the ongoing regulatory landscape for financial products.
Learn More📈MEMX Proposes Rule Change for $1 Strike Price Options Trading
The Securities and Exchange Commission has published a notice regarding MEMX LLC's proposed rule change to amend Rule 19.5, aligning its $1 Strike Price Program with other national securities exchanges. This harmonization aims to reduce confusion in the options market, enhancing trading efficiency and compliance across exchanges. Comments from interested parties are invited.
Learn More📈NYSE Chicago Proposes Rule Change for MPL-IOC Orders
The SEC has published a notice regarding the NYSE Chicago's proposed amendments to Rules 7.31E and 7.37E, which will introduce an optional routing strategy for MPL-IOC Orders. This aims to enhance trading efficiency and provide participants with more flexible options upon implementation. The proposal is effective immediately, subject to comments and potential suspension by the Commission.
Learn More📈SEC Extends Period for NYSE Arca's Grayscale Cardano Trust Rule Change
The Securities and Exchange Commission has issued a notice regarding the NYSE Arca's proposed rule change to list and trade shares of the Grayscale Cardano Trust. The Commission is extending the review period to May 29, 2025, allowing more time to consider the implications raised by the proposal and associated amendments.
Learn More📈NYSE American Proposes Rule Changes for Optional Routing Strategies
NYSE American LLC has filed a proposed rule change to amend its trading rules, allowing for an optional routing strategy for MPL-IOC Orders. This change aims to enhance trading efficiency, enable greater flexibility for electronic trading participants, and improve overall market dynamics. The SEC invites comments on this proposal, which may take effect immediately pending approval.
Learn More📈Cboe EDGX Fee Schedule Amendment
The Securities and Exchange Commission published a notice regarding Cboe EDGX Exchange's proposed rule change to amend its fee schedule by altering Remove Volume Tier 2 and Retail Volume Tier 1 criteria, aimed at enhancing market operations. The Commission seeks public comments on the proposal, which has been designated for immediate effectiveness.
Learn More🔍Proposed Rule Change to Retire Proprietary Calculation by IEX
The Securities and Exchange Commission published a notice regarding a proposed rule change by Investors Exchange LLC, which aims to retire one of its proprietary mathematical calculations for assessing quotation probability. This amendment is designated for immediate effectiveness and is open for public comments to ensure alignment with regulatory standards.
Learn More📈NYSE Proposes Increase in Port Fees - Regulatory Notice
The New York Stock Exchange has filed a proposed rule change to increase port fees, effective March 3, 2025. This change is subject to immediate effectiveness, allowing for timely comment from stakeholders, highlighting the NYSE's evolving fee structure and its potential implications for market participants.
Learn More📈FINRA Proposes Changes to IntelligentCross ATS Match Priority Criteria
The SEC announced a partial amendment regarding FINRA's proposed rule change to include IntelligentCross ATS in the Alternative Display Facility. This amendment involves modifying the match priority criteria to enhance the accessibility and efficiency of displayed liquidity, responding to concerns raised during the public comment period. The modifications aim to clarify trading processes and enhance competitive market practices.
Learn More📈SEC Rule 6h-1 Proposed Collection and Compliance Requirements
The Securities and Exchange Commission (SEC) is requesting comments on the proposed extension of information collection related to Rule 6h-1, which mandates compliance for trading security futures products. The rule establishes listing standards that prevent price manipulation and coordinate trading halts, impacting national exchanges and associated business operations.
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