Search Results for keywords:"market impact"

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Search Results: keywords:"market impact"

  • Type:Notice
    Citation:90 FR 11336
    Reading Time:about 21 minutes

    The Cboe BZX Exchange, Inc. has proposed a new rule change that would allow the VanEck Bitcoin Trust and the VanEck Ethereum Trust to engage in in-kind creation and redemptions. This means that authorized participants could create or redeem shares using bitcoin or ether directly, instead of cash. The goal is to improve efficiency and reduce the impact on the market by allowing these transactions to occur with the underlying cryptocurrency rather than cash. The proposed change is being reviewed by the Securities and Exchange Commission, which is seeking public comments before making a decision.

    Simple Explanation

    The Cboe BZX Exchange wants to let some special funds trade using bitcoin or ether instead of money, hoping it will make things smoother and not affect the market as much. The government is checking this idea and wants to know what people think before deciding.

  • Type:Notice
    Citation:89 FR 102190
    Reading Time:less than a minute

    The Postal Service has announced that it plans to file a request with the Postal Regulatory Commission to include a new domestic shipping services contract, known as Contract 858, to the list of Negotiated Service Agreements. This contract will be added to the Mail Classification Schedule's Competitive Products List. The official notice date for this action is December 17, 2024, and more details can be found on the Postal Regulatory Commission's website under Docket Nos. MC2025-571 and K2025-569.

    Simple Explanation

    The Postal Service wants to add a new deal to their special list for shipping things, but they haven't told us exactly what this deal includes or how it might change things for other people or businesses.

  • Type:Notice
    Citation:86 FR 11566
    Reading Time:less than a minute

    The Postal Service has announced that it filed a request with the Postal Regulatory Commission to add a new domestic shipping contract to the list of Negotiated Service Agreements. This contract involves Parcel Select and Parcel Return Service, and it aims to be included in the Mail Classification Schedule's Competitive Products List. The notice indicates that relevant documents can be accessed on the Commission's website.

    Simple Explanation

    The Postal Service wants to make a new deal about shipping packages called Parcel Select and Parcel Return Service; they've asked for approval to add this deal to an official list. This helps them offer special shipping terms, but they didn't say exactly what the deal includes or who benefits the most.

  • Type:Notice
    Citation:90 FR 12587
    Reading Time:about a minute or two

    Nasdaq ISE, LLC, submitted a proposal to the Securities and Exchange Commission (SEC) to amend its rules for listing options on commodity-based trust units. The SEC is extending the initial 45-day review period to May 27, 2025, in order to have more time to evaluate the proposal. This means the SEC will decide by that date whether to approve or reject the rule change, or start a process to determine if they should reject it.

    Simple Explanation

    The government group that keeps an eye on money rules is taking more time to think about new rules for special kinds of money trades. They want to make sure the rules are just right before saying yes or no, and they'll decide by the end of May.

  • Type:Notice
    Citation:90 FR 16332
    Reading Time:about 40 minutes

    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.

    Simple Explanation

    MIAX Sapphire, LLC wants to make a change to allow people to trade options (like a buying-later ticket) on a special Ethereum fund, which helps investors manage price changes safely and legally through official markets, instead of risky places. The SEC is asking people what they think about this idea.

  • Type:Notice
    Citation:90 FR 12410
    Reading Time:about 2 minutes

    NYSE Arca, Inc. submitted a request to the Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Solana Trust. They made an amendment to their proposal, and as a result, the SEC is extending its review period due to the complexity of the issues involved. The new deadline for the SEC to make a decision on whether to approve or disapprove the proposal is set for May 13, 2025. This extension will allow the SEC additional time to consider the details of the proposed changes.

    Simple Explanation

    Imagine that a store wants to start selling a new kind of toy called "Grayscale Solana Trust." The group in charge of making sure this is safe and okay, called the SEC, needs more time to decide if it's alright for the store to sell these toys. So, they're taking a longer time to look at all the details until May 13, 2025, to make sure everything is okay for the people who want to buy them.

  • Type:Notice
    Citation:86 FR 6718
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is considering a proposed rule change from Cboe Exchange, Inc. to allow trading of flexible exchange options on full-value indexes with a contract multiplier of one. This rule change was initially filed on June 30, 2020, and published for public comment on July 20, 2020. The SEC now has until March 17, 2021, to decide whether to approve or disapprove the rule change after extending the typical decision-making period to account for revisions made through Amendment No. 1. The extension allows the SEC more time to thoroughly review and consider the modifications.

    Simple Explanation

    The Securities and Exchange Commission is taking more time to decide if they will allow a new type of trading on the Cboe Exchange, which is a place where people buy and sell financial products. They want to make sure everything is safe and understandable before saying yes or no to the new idea.

  • Type:Notice
    Citation:90 FR 1586
    Reading Time:about 3 minutes

    The Investors Exchange LLC has proposed a new rule regarding the pricing of transactions for securities priced under $1.00. The proposed changes include offering a rebate of 0.15% for orders adding liquidity and raising the fee to 0.15% for orders removing liquidity. These changes are set to be effective immediately and operational by January 1, 2025. The Securities and Exchange Commission is inviting public comments on these proposed changes until January 29, 2025.

    Simple Explanation

    The Investors Exchange LLC is making new rules about buying and selling cheap stocks, where they will give a little money back to people who help make more buyable stocks appear and charge a bit more for selling off these stocks. The Securities and Exchange Commission is asking people to share their thoughts about this change by the end of January.

  • Type:Notice
    Citation:86 FR 11807
    Reading Time:about 34 minutes

    The Securities and Exchange Commission (SEC) announced that Nasdaq PHLX LLC has proposed a new rule to allow the listing and trading of options based on 1/100th of the Nasdaq-100 Index, known as Nasdaq 100 Micro Index Options (XND). These micro options are designed to offer more affordable opportunities for retail investors interested in trading options on the Nasdaq-100 Index. Similar to existing options, XND options will be European-style and cash-settled, but will require less capital, making them more accessible. The SEC is soliciting public comments on this proposed rule change before making a final decision.

    Simple Explanation

    Nasdaq wants to make a new kind of option for people to buy and sell, which is like a tiny piece of their big Nasdaq-100 list of companies, so more people can join in without needing as much money. The people in charge are asking everyone to share their thoughts on this idea before they decide if it's okay.

  • Type:Notice
    Citation:90 FR 4811
    Reading Time:less than a minute

    The Postal Service has submitted a request to the Postal Regulatory Commission. They want to add a new contract for domestic shipping services to the Competitive Products List, which is part of the Mail Classification Schedule. This is according to their actions on January 8, 2025, and the details can be found on the PRC website under specific docket numbers. For further details, Sean Robinson can be contacted at the provided phone number.

    Simple Explanation

    The Postal Service wants to make a special deal for sending packages that they’ve asked a special group to approve. They didn’t say exactly what the deal is or how it might cost, so people who are curious might have to ask more questions to find out.