📈Amendments to GEMX Pricing Schedule
The SEC has announced a notice regarding a proposed rule change by Nasdaq GEMX to amend its Pricing Schedule. Key amendments involve adjustments to Taker Fees and Qualifying Tier Thresholds, affecting fees for Market Makers and other participants, aimed at encouraging liquidity and competitive pricing for trading on GEMX.
Learn More📈IEX Implements Quote Imbalance Indicator for Trading Stability
The Investors Exchange LLC (IEX) proposes a new Quote Imbalance Indicator (QII) to improve trading strategies by assessing supply and demand imbalances for securities during market hours. This proprietary calculation aims to enhance market stability by restricting certain order types from exercising price discretion during periods of quote imbalance, thus potentially increasing execution quality for users.
Learn More⏲️Cboe BYX Exchange Proposes Amendment on Timestamp Compliance
Cboe BYX Exchange has filed a proposed rule change to extend the timestamp granularity exemption under the CAT NMS Plan. The amendment updates compliance rules to allow the truncation of timestamps, instead of rounding them, for submissions until April 8, 2030, impacting regulatory obligations for trading firms.
Learn More📈SEC Proposes Rule Changes for Trading Options on Commodity Trusts
The SEC is considering amendments to Rule 402, allowing the listing and trading of options on Commodity-Based Trust Shares. This proposal aims to enhance market transparency and provide investors with better hedging strategies and access to commodity investments through standardized options trading. Public comments are invited as part of the evaluation process.
Learn More📈SEC Proposes Rule Change for FLEX Options on Bitcoin Trust ETF
The Securities and Exchange Commission issued a notice regarding a proposed rule change by Nasdaq ISE, LLC, allowing the trading of FLEX equity options on iShares Bitcoin Trust ETF shares. This notice outlines the process, timeline, and importance of regulating cryptocurrency trading options within the financial market.
Learn More💰Cboe BZX Proposes Rule Change for Bitcoin and Ethereum ETFs
The Securities and Exchange Commission is reviewing Cboe BZX's proposed rule change to amend trading regulations for the Invesco Galaxy Bitcoin and Ethereum ETFs. The amendment seeks to permit in-kind creations and redemptions for these commodity-based trust shares, which could impact listing rules and market operations. The Commission encourages public feedback on this proposal.
Learn More📈Amendment to National Market System Plan Approved by SEC
The SEC has approved an amendment to the National Market System Plan governing the Consolidated Audit Trail, modifying existing requirements for reporting verbal and electronic trading activities. This amendment aims to alleviate compliance burdens on firms while striving to maintain effective regulatory oversight in the financial markets. The changes are expected to reshape operational practices for industry participants significantly.
Learn More💵Nasdaq GEMX Proposes New Fees for Nasdaq 100 Index Options
The Securities and Exchange Commission publishes a notice regarding Nasdaq GEMX’s proposed rule change to amend transaction fees for Nasdaq 100 Index options. The proposal includes a new surcharge aimed at reducing liquidity removal, affecting the pricing structure for Non-Priority Customers and encouraging increased liquidity on the exchange. Comments from the public are invited before implementation.
Learn More💵Nasdaq 100 Options Fee Change and Regulatory Notice
Nasdaq PHLX LLC has filed a proposed rule change to amend transaction fees for Nasdaq 100 Index options, introducing a surcharge aimed at reducing liquidity removal by Non-Customer orders. The proposal seeks to encourage market participants to add liquidity, thereby enhancing trading opportunities and pricing stability on the exchange.
Learn More📈Amendments to MIAX Pearl Equities Fee Schedule
The Securities and Exchange Commission has published a notice regarding MIAX Pearl's proposed amendments to its equities trading Fee Schedule. The changes include reducing certain rebates under the NBBO Setter Plus Program and altering qualification requirements, aimed at promoting liquidity and competitive market conditions. The proposed revisions are effective immediately following publication.
Learn More