📈NYSE Texas Proposes Auction Imbalance Rule Change
The NYSE Texas proposes to amend Rule 7.35 to enhance the calculation of Auction Imbalance Information, shifting its basis from the Indicative Match Price to the Auction Reference Price. This change aims to provide market participants with improved information, potentially increasing auction participation and liquidity in the market.
Learn More⚖️Nasdaq BX Introduces CORE FIX Order Entry Protocol Enhancements
The Nasdaq BX is proposing a rule change to introduce the CORE FIX Order Entry Protocol, enhancing order processing efficiency and aligning existing rules with advanced handling capabilities. This will streamline order submissions for participants, offering improved performance while ensuring compliance with the regulatory framework. The implementation is expected to simplify trading for users not needing routing functionalities.
Learn More💰Proposed Amendments to GEMX SQF Port Fees Impacting Market Makers
The Securities and Exchange Commission has published a notice regarding Nasdaq GEMX's proposed amendments to the pricing structure of its Specialized Quote Feed (SQF) Ports. These changes include new fee schedules for Market Makers, aiming to enhance trading capabilities while aligning with industry standards. The proposal emphasizes equity and non-discrimination among Market Makers using the platform.
Learn More⏳NSCC Proposes ACATS Changes to Expedite Account Transfers
The Securities and Exchange Commission has approved NSCC's proposed rule changes to enhance the Automated Customer Account Transfer Service (ACATS). Key changes include the elimination of the Settle Prep Day and a reduction in processing timelines, aimed at improving efficiency and reducing asset exposure risk during account transfers, contributing to a more streamlined securities settlement process.
Learn More💹Cboe BZX Exchange Proposes Fees for All Cancels Report
The Cboe BZX Exchange has proposed the implementation of fees for its new All Cancels Report, aimed at enhancing market data services for trading participants. This report provides comprehensive insights into cancel behavior and messaging for market participants, effective from August 2025.
Learn More📈Cboe BZX Exchange’s New Closing Auction Rule Amendments
The SEC approved proposed rule changes by Cboe BZX Exchange to amend how Late-Limit-On-Close (LLOC) and Limit-On-Close (LOC) orders are priced and submitted. These changes aim to enhance market efficiency, reduce price volatility, and provide clearer pricing signals during the Closing Auction, potentially benefiting both users and overall market stability.
Learn More📈SEC Notice on NYSE Options Listing Proposal and Approval Timeline
The Securities and Exchange Commission has announced a longer period for reviewing proposed rule changes by NYSE American LLC and NYSE Arca Inc. These changes intend to allow the listing of options on Commodity-Based Trust Shares, aiming to enhance trading opportunities within the financial markets. The decision includes an extended deadline for approving or disapproving these changes.
Learn More📊Proposed Market Data Fees by Long-Term Stock Exchange Explained
The Securities and Exchange Commission has published a notice about the Long-Term Stock Exchange's proposed rule change to amend its fee schedule, introducing fees for proprietary market data feeds, including Depth of Book and Top of Book. This proposal is aimed at covering the costs associated with providing these services and enhancing financial transparency within the market.
Learn More💻LTSE Connectivity Fee Schedule Changes Impacting Businesses
The Securities and Exchange Commission has published a notice from the Long-Term Stock Exchange proposing a rule change to establish connectivity fees for cross-connects at various facilities. This amendment affects both members and non-members, marking a shift from previously offered free connectivity to a structured fee schedule aimed at recovering operational costs and ensuring system integrity.
Learn More📊Cboe Unveils Monthly Fees for All Cancels Market Data Report
The Securities and Exchange Commission published a notice regarding the Cboe C2 Exchange's proposed rule change to adopt fees for the All Cancels Report. This new market data product will aid Trading Permit Holders in understanding cancel behaviors and will assess a monthly fee of $1,500, which is intended to provide enhanced insight on trading activities.
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