📈FINRA Proposes Changes to IntelligentCross ATS Match Priority Criteria
The SEC announced a partial amendment regarding FINRA's proposed rule change to include IntelligentCross ATS in the Alternative Display Facility. This amendment involves modifying the match priority criteria to enhance the accessibility and efficiency of displayed liquidity, responding to concerns raised during the public comment period. The modifications aim to clarify trading processes and enhance competitive market practices.
Learn More💰Notice of Proposed Rule Change to List Bitwise Bitcoin & Ethereum ETF
This regulatory notice by the Securities and Exchange Commission addresses NYSE Arca's filing for a proposed rule change to list and trade shares of the Bitwise Bitcoin and Ethereum ETF. The document outlines the ETF's operation, regulatory compliance requirements, and outlines the framework for trading to ensure transparency and investor protection.
Learn More📈SEC Extends Review Period for Nasdaq's Trading Halt Rule Proposal
The Securities and Exchange Commission has issued a notice regarding Nasdaq's proposed rule change to introduce an optional trading halt functionality for Exchange-Traded Products on their launch day. This halt is intended to mimic the trading halts employed during initial public offerings, enhancing market oversight and product launch strategies. The SEC has extended the review period to allow for thorough consideration.
Learn More⏰MEMX Extends Pre-Market Trading Hours to 4 AM Eastern Time
The SEC has announced the immediate effectiveness of a proposed rule change by MEMX LLC to begin the Exchange's pre-market session at 4 a.m. ET, shifting from the previous start time of 7 a.m. This alignment with other exchanges aims to enhance trading accessibility. Interested parties are invited to comment on the proposal.
Learn More💰SEC Notice on Fee Increase for 10 Gb Physical Ports
The Securities and Exchange Commission has published a notice regarding the Cboe BZX Exchange's proposed increase in the monthly fee for 10 Gb physical ports. The proposal seeks immediate effectiveness under the Securities Exchange Act, inviting feedback from interested parties on its consistency with regulatory standards.
Learn More📈Cboe Proposal for Ethereum Options Trading Under SEC Review
The SEC has designated a longer review period for Cboe’s proposal to list options on the Fidelity Ethereum Fund, which could affect the trading landscape for cryptocurrency-based products. The proposal includes trading limits and details on surveillance measures. Continued discussions and amendments are part of the regulatory process.
Learn More📈Cboe EDGX Proposes Fee Increase for 10 Gb Physical Ports
The Cboe EDGX Exchange has filed a notice of a proposed rule change to increase the monthly fee for 10 Gb physical ports. This change is designated for immediate effectiveness and seeks public comments on its implications for trading fees and market operations. Interested parties are encouraged to submit their views by March 27, 2025.
Learn More📈Nasdaq PHLX Proposed Rule Change for Options Execution Transactions
The Securities and Exchange Commission has published a notice regarding Nasdaq PHLX LLC's proposed rule change to amend Options 8, Section 22, relating to the execution of options transactions. The amendments aim to clarify rules without introducing significant changes, facilitating immediate effectiveness post-filing and inviting public comment on the modifications.
Learn More📈SEC Proposes Rule Change for FLEX Trading in Bitcoin ETF
The SEC has designated a longer review period for Nasdaq PHLX's proposed rule change that would allow FLEX Trading in the iShares Bitcoin Trust ETF. This extension is intended to provide the Commission more time to consider the implications of the proposed rule change following public comments received, as regulatory decisions regarding such financial products can significantly impact market dynamics.
Learn More💰SEC Proposal for In-Kind Transactions in WisdomTree Bitcoin Fund
The SEC has issued a notice regarding a proposed rule change by Cboe BZX Exchange, Inc. to allow in-kind creations and redemptions for the WisdomTree Bitcoin Fund. This regulatory update aims to enhance trading efficiency and market operations for Bitcoin ETP shares, reflecting a shift towards accommodating cryptocurrency assets in established financial frameworks.
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