📈SEC Proposes Rule Change for MIAX Emerald Interface Ports
The Securities and Exchange Commission has published a notice regarding MIAX Emerald, LLC’s proposed rule change that eliminates the cap on Limited Service MIAX Emerald Express Interface Ports for Market Makers. This change aligns MIAX Emerald's fee structure with its affiliates, thereby promoting consistent access and potentially enhancing market competitiveness.
Learn More📈Cboe Proposal for P.M.-Settled Options on Bitcoin ETF Index
The Securities and Exchange Commission has received a notice regarding a proposed rule change by Cboe Exchange, Inc. to add P.M.-settled options on the Cboe Bitcoin U.S. ETF Index and Mini-Cboe Bitcoin U.S. ETF Index. The amendment includes provisions for weekly and quarterly expirations, enhancing market participants' ability to tailor their investment strategies effectively.
Learn More📈NYSE Proposes Rule Change to Enhance Pillar Depth Market Data
The NYSE has proposed changes to enhance the Pillar Depth market data product, aiming to provide improved content including Auction Imbalance Information. This enhancement is designed to offer a consolidated view of market data and increase transparency, competing effectively with existing products from other exchanges.
Learn More💵MIAX Pearl Proposes Amendments to Equities Fee Schedule
MIAX Pearl, LLC, has announced a proposed rule change to amend its equities trading fee schedule, eliminating free port offerings for FIX, MEO, and FXD ports. All ports will now incur a standard monthly fee of $450, aligning with industry standards to enhance market competitiveness. The Exchange emphasizes transparency by removing outdated terminology and fees without waiver periods, aiming to clarify the pricing structure for Equity Members.
Learn More📈SEC Proposes Rule Change for Options Trading on Commodity Trusts
The SEC has initiated proceedings to evaluate a proposed rule change by Nasdaq ISE, which would amend listing criteria, allowing options trading on Commodity-Based Trust Shares. This innovation aims to enhance transparency and investor protection in the trading environment, providing new opportunities for hedging and price discovery.
Learn More📈SEC Extends Review Period for Cboe BZX ETF Rule Change
The SEC issued a notice regarding a proposed rule change from Cboe BZX Exchange, which seeks to allow in-kind creations and redemptions for various cryptocurrency ETFs, including the Franklin Bitcoin and Ethereum ETFs. The SEC has extended the review period to July 10, 2025, to fully evaluate the implications raised by the proposal.
Learn More💹SEC Reviews Proposed Rule for In-Kind Bitcoin and Ethereum Funds
The SEC is assessing a proposed rule change by Cboe BZX Exchange to amend the listing and trading rules for Fidelity's Bitcoin and Ethereum Funds. This proposal seeks to enable in-kind creations and redemptions, which are critical for fund management strategies and compliance within the cryptocurrency market. The Commission is inviting public comments on these changes.
Learn More📈Cboe BZX Exchange Fee Schedule Amendments Overview
The Cboe BZX Exchange has proposed changes to its fee schedule, including updates to Add Volume Tiers and the introduction of a new Cross Asset Tier. These modifications aim to adjust rebate structures and criteria, fostering enhanced liquidity and order flow, and encouraging greater participation across exchange platforms.
Learn More📊Proposed Fee Changes for MIAX Emerald Market Data Feeds
MIAX Emerald LLC seeks to amend its Fee Schedule, introducing new fee categories for its proprietary market data feeds, including a structure for per User and Non-Display Usage fees. This change aims to enhance transparency and reduce administrative burdens for subscribers while aligning with similar fees at other exchanges.
Learn More📈SEC Notice on FINRA Rule 6152
The SEC has announced an extended review period for FINRA's proposed Rule 6152, which mandates publishing order execution information for NMS stocks. This rule aims to enhance market transparency, requiring members to submit execution reports for public access on the FINRA website.
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