Search Results for keywords:"MIAX Sapphire"

The Securities and Exchange Commission announced that MIAX Sapphire, LLC has submitted a proposed rule change to amend its fee schedule. This amendment would establish a fee for market participants that use a dedicated cross connection to access the Exchange's testing systems environment. The proposal is effective immediately, and the public is invited to submit comments on it until February 21, 2025. The details of the proposed rule change can be accessed on the websites of both the Exchange and the Commission.

MIAX Sapphire, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to allow trading options on the Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust, and Bitwise Ethereum ETF. These funds, also called Ether Funds, allow investors to track ether's performance without dealing with the complexities of ether delivery. Options on Ether Funds will be physically settled and subject to specific trading rules. The rule change aims to offer investors a lower-cost tool to manage investments linked to ether and promote trading transparency.

MIAX Sapphire, LLC proposed changes to its By-Laws, which include removing the need for a Compensation Committee, adjusting how compensation and personnel actions for the Chief Regulatory Officer and senior staff are determined, and updating its Quality of Markets Committee's focus to the Trading Floor operations. These changes also streamline officer and employee compensation determinations, with an exception for the Chief Regulatory Officer. The Securities and Exchange Commission is inviting public comments on these proposed changes until February 19, 2025.

The Securities and Exchange Commission (SEC) released a notice about a rule change filed by MIAX Sapphire, LLC, aiming to allow the listing and trading of options on Bitcoin-related exchange-traded products (ETPs), such as the Grayscale Bitcoin Trust and Bitwise Bitcoin ETF. This move is seen as beneficial for investors by providing a lower-cost way to manage risk associated with Bitcoin. The proposal establishes a limit of 25,000 contracts for options to prevent market manipulation and ensure investor protection. Options on these Bitcoin Funds will only be available once proper systems are in place to monitor and manage the trading activity.

The Securities and Exchange Commission (SEC) has received a proposed rule change from MIAX Sapphire, LLC. This rule change aims to allow the listing and trading of options on Commodity-Based Trust Shares, which are financial products that represent interests in a trust holding commodities like gold, silver, or cryptocurrencies. The proposal is similar to filings by other exchanges, and the SEC is now inviting public comments on it. If approved, this change could make it easier and faster for these options to become available on the market, offering investors new ways to manage risks associated with commodities.

MIAX Sapphire, LLC has submitted a rule change proposal to the Securities and Exchange Commission (SEC) regarding new fee categories for its proprietary market data feeds. These feeds include MIAX Sapphire Top of Market, Complex Top of Market, and Liquidity Feed. The proposal is intended to take effect immediately, and the SEC is seeking public comments by March 25, 2025. This proposed change is available for review on both the Exchange's and the SEC's websites.

MIAX Sapphire, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) that aims to amend its fee schedule for certain proprietary market data feeds. These are the MIAX Sapphire Top of Market, Complex Top of Market, and Liquidity Feed. The rule change has been designated for immediate effectiveness, and the SEC is seeking public comments on the proposal. People interested in sharing their opinions can submit comments electronically or by mail by February 28, 2025.

MIAX Sapphire, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to allow options trading on the Fidelity Ethereum Fund. This proposal aims to amend Exchange Rule 402, so that this fund can be listed and traded similar to other exchange-traded funds (ETFs) that hold commodities. The change is designed to let investors hedge against price changes in Ethereum effectively through a regulated market, rather than engaging in unregulated over-the-counter options markets. The SEC is inviting public comments on the proposal.

The MIAX Sapphire, LLC has filed a proposed rule change with the Securities and Exchange Commission to amend its fee schedule to include new fee categories for its proprietary market data feeds. These feeds include the MIAX Sapphire Top of Market, the MIAX Sapphire Complex Top of Market, and the MIAX Sapphire Liquidity Feed. The proposal was filed on March 13, 2025, and is effective immediately. The public is invited to comment on whether this change aligns with the Securities Exchange Act of 1934 by April 9, 2025.

MIAX Sapphire, LLC has proposed a new rule to the Securities and Exchange Commission (SEC) that involves changes to its Fee Schedule. The proposal would set a fee for market participants who want to use a dedicated cross connection to access MIAX Sapphire's testing systems environment. This proposal has been categorized for immediate effectiveness, and the SEC is seeking public comments on it until April 8, 2025. Interested individuals can submit their comments electronically or through mail to ensure they are considered by the SEC.