📈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💹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📉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.
Learn More📈Cboe Proposes Change to Enhance Auction Response Processing Time
The Cboe Exchange has proposed increasing the auction response processing time for SPX options to provide more opportunities for timely responses during peak trading activity. This change aims to enhance price improvement for investors and ensure a more efficient auction process while balancing market risks and execution speed.
Learn More📈SEC Notice on Cboe BZX Proposed Rule Change for Galaxy ETFs
The Securities and Exchange Commission has extended the timeframe to consider a proposed rule change regarding Invesco Galaxy Bitcoin and Ethereum ETFs, which aims to allow in-kind creations and redemptions. This extension provides the Commission with additional time to evaluate the implications of the proposed changes for market structure and trading practices.
Learn More📈Cboe BYX Proposes Enhanced RPI Order for Securities Below $1
The Securities and Exchange Commission issued a notice regarding the proposed rule change by Cboe BYX Exchange to enhance its Retail Price Improvement Program (RPI) to include securities priced below $1. The extension of the Commission's review period allows for thorough consideration of the implications of the change, initially filed for public comment on March 13, 2025.
Learn More💸NYSE Texas Proposes Updates to Connectivity Fee Schedule
The Securities and Exchange Commission is considering a proposed rule change by NYSE Texas, which updates its connectivity fee schedule to third-party systems and data feeds. The amendments aim to enhance user options and clarity on fees, reflecting a shift in market dynamics and competitiveness among services.
Learn More📈SEC Notice on Cboe BZX ETF Rule Change Proposal
The SEC has released a notice regarding Cboe BZX Exchange's proposed rule change to list and trade shares of the Franklin Solana ETF under specific rules. This notice highlights the extension for regulatory consideration and the opportunity for comments on the proposed changes, indicating a significant development in the exchange-traded fund market.
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