📈SEC Initiates Proceedings on Grayscale Litecoin Trust Listing
The SEC has initiated proceedings to evaluate a proposed rule change by NYSE Arca to list and trade shares of the Grayscale Litecoin Trust. This proposal, which reflects the value of Litecoin, is subject to regulatory scrutiny to ensure market integrity and investor protection. The commission invites public comments on the proposal and its implications.
Learn More📈NYSE Texas Proposes New Rules for Auction Processes and Orders
NYSE Texas seeks to implement proposed Rule 7.35, detailing how auctions will be conducted on the Exchange. The rule introduces new order types and amendments to existing rules, aimed at enhancing trading operations and aligning with rules from its affiliate, NYSE Arca. This is part of ongoing efforts to refine market practices and facilitate competitive trading environments.
Learn More🪙Proposed Nasdaq Rule Change for 21Shares Dogecoin ETF Trading
This document outlines a proposed rule change from Nasdaq to list and trade shares of the 21Shares Dogecoin ETF, detailing its investment objectives, operational structure, and regulatory compliance mechanisms. The ETF aims to track the performance of Dogecoin, facilitating indirect access to the digital asset market for investors. The proposal invites public comment and outlines listing criteria and operational guidelines.
Learn More📈Cboe Proposes to Eliminate Position Limits for Specific Options
The Securities and Exchange Commission is reviewing Cboe Exchange's proposed rule change to eliminate position and exercise limits for options on the S&P 500 Equal Weight Index and the S&P 500 ESG Index. The decision on this proposal, initially expected by May 2025, has been extended to June 30, 2025, to allow for thorough consideration of the associated issues.
Learn More📈NYSE National's Proposed Rule Change Reflects Affiliate Name Change
The NYSE National, Inc. has filed a proposed rule change to update its rules to reflect the name change of its affiliate from NYSE Chicago, Inc. to NYSE Texas, Inc. The proposed changes are non-substantive and aim to enhance clarity and transparency within the Exchange's operations.
Learn More💹SEC Notice on FLEX Trading for iShares Bitcoin Trust Options
The SEC released a notice regarding a proposed rule change by Nasdaq ISE to allow FLEX trading in options on the iShares Bitcoin Trust ETF. This change aims to enhance trading flexibility and risk management for market participants, enabling them to manage bitcoin exposure more effectively within regulatory frameworks.
Learn More📈SEC Notice on Intraday Mark-to-Market Charge Proposal
The Securities and Exchange Commission has published a notice regarding a proposed rule change from the Fixed Income Clearing Corporation to implement an Intraday Mark-to-Market Charge. This change is under review, with public comments being considered, and may influence the trading and transaction processes within the government securities market.
Learn More📈Cboe BZX Proposed Rule Change on Closing Auction Orders
The Cboe BZX Exchange is proposing amendments to its rules regarding the closing auction process. This includes changing the Market-On-Close order cutoff time from 3
Learn More📉IEX Proposes Rule Change on Post Only Orders for Liquidity
The Investors Exchange LLC proposes a modification to its Post Only order type, requiring a minimum price improvement of $0.01 for execution upon entry. This change aims to encourage the posting of displayed liquidity and enhance market efficiency, aligning IEX with similar practices in other exchanges. The new rules are set to provide greater price determination for members and streamline trading operations.
Learn More💰IEX Proposes New Market Quality Incentives for Increased Liquidity
The Securities and Exchange Commission has published a notice regarding the Investors Exchange LLC's proposal to amend its fee schedule, establishing a Supplemental Market Quality Program. This initiative aims to boost displayed liquidity and order flow by providing financial incentives for members who meet specific trading activity criteria in designated securities.
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