Search Results for keywords:"NYSE American LLC"

The NYSE American LLC has proposed a temporary change to its Options Regulatory Fee (ORF). From December 1 to December 31, 2024, the ORF will be waived to ensure that the fees collected do not exceed the Exchange's regulatory costs due to high trading volumes. The ORF will resume on January 1, 2025, at the rate of $0.0038 per contract. The proposal also includes cleaning up outdated language from past fee schedules to make them clearer. The Securities and Exchange Commission (SEC) is seeking public comments on this rule change.

The NYSE American LLC has proposed changes to its co-location services, specifically to their Equities Price List and Fee Schedule and the Options Fee Schedule. The changes aim to introduce two new Partial Cabinet Solution bundles, Options E and F, which offer upgraded network connections for users who need fast data transfer but can't justify the expense of a dedicated cabinet. The proposal states that these bundles would be available for the same setup fee as current options but with different monthly charges, and a 50% monthly fee reduction for the first year is offered if purchased by the end of 2021. The proposed rule change is designed to increase choice in a competitive market without treating any group unfairly.

NYSE American LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) to allow Flexible Exchange (FLEX) options on shares of the Grayscale Bitcoin Trust. This proposal was published on December 27, 2024, but received no public comments. The SEC, needing more time to evaluate the proposal, has extended the decision deadline to March 27, 2025. By this date, the SEC will decide whether to approve, disapprove, or begin proceedings to possibly disapprove the proposed rule change.

The SEC is reviewing a proposed rule change by NYSE American LLC to set up new procedures for allocating power to co-located Users at its facilities. Due to increased demand, especially during volatile market periods, the Exchange plans to integrate power allocation rules with existing rules on cabinet allocation. These changes include placing purchasing limits on Users when available power or cabinet supplies fall below certain thresholds, and creating a waitlist system if these supplies are exhausted. The proposal aims to ensure a fair distribution of resources among users and is open for public comments.

The Securities and Exchange Commission (SEC) received a proposal from NYSE American LLC to change the name "NYSE Chicago, Inc." to "NYSE Texas, Inc." in their Connectivity Fee Schedule. The SEC has decided to approve this proposed rule change immediately rather than waiting 30 days, as this change mainly involves updating the name to avoid confusion and does not have a significant impact on investors or the market. The SEC invites the public to comment on this change by either submitting comments online or by mail by April 8, 2025.

NYSE American LLC has filed a proposed rule change with the Securities and Exchange Commission to set up fees for industry members linked to the Consolidated Audit Trail (CAT) costs for 2025. The fee, known as CAT Fee 2025-1, will be $0.000022 per executed equivalent share and will replace the existing higher fee. These fees aim to cover about half of the planned CAT costs for the year. The proposal is available on the SEC website, and comments from the public are invited.

The NYSE American LLC has proposed a rule change to amend Rules 970NY and 970.1NY, aiming to eliminate the use of "dark series" on the Exchange. A "dark series" refers to inactive options series that are not actively traded and therefore not reported to the Options Price Reporting Authority (OPRA). This change is expected to increase transparency and improve price discovery by ensuring all trading activity is visible to market participants. The Exchange believes this will not overburden its systems or those of OPRA because capacity planning already includes the potential for all series to become active.

The NYSE American LLC has proposed a change to amend Rule 915 to allow options on Commodity-Based Trust Shares. This change is to ensure that all new options on Commodity-Based Trust Shares can be listed and traded on the Exchange the same way as other exchange-traded funds (ETFs). The proposed rule aims to enhance competition by enabling more investment choices and opportunities, benefiting market participants by allowing the Exchange to list options more quickly without needing additional approvals. The Securities and Exchange Commission (SEC) is seeking public comments on this proposal.

The document is a notice from the Securities and Exchange Commission regarding a proposed rule change by the NYSE American LLC to amend their Connectivity Fee Schedule. These changes aim to add new options for connecting to the trading floors of the New York Stock Exchange, NYSE American, and NYSE Arca. This amendment would give users the ability to set up dedicated bandwidth connections for sending and receiving trading-related data. The proposed changes are intended to provide more flexibility and options for users while ensuring that the fees remain fair and competitive with other similar services.

On March 5, 2025, the NYSE American LLC filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend its rules for an optional routing strategy for certain order types. This change became effective immediately because it doesn't significantly impact investor protection or competition and the SEC agreed to waive the usual 30-day waiting period. The public can submit comments on this proposed rule change until April 7, 2025, and the SEC may suspend the change within 60 days if deemed necessary. All related documents can be accessed on the SEC's website.