Search Results for keywords:"Exchange-Traded Products"

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Search Results: keywords:"Exchange-Traded Products"

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  • 2025-02818 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of a Proposed Rule Change To Introduce Functionality To Initiate a Trading Halt for Exchange-Traded Products on Launch Day
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    Type:Notice
    Citation:90 FR 10001
    Reading Time:about 35 minutes

    The Securities and Exchange Commission has received a proposed rule change from The Nasdaq Stock Market LLC. This change would allow for a new trading halt feature for Exchange-Traded Products (ETPs) on their launch day, similar to the process used for IPOs. The proposed rule is designed to aid efficient price discovery and protect against unexpected volatility by enabling the ETP issuer to halt trading for a specified period before manually opening it. Nasdaq aims to implement this new feature by the second quarter of 2025.

    Simple Explanation

    Nasdaq wants to add a button that stops trading of new stock products for a while on their first day, to make sure prices start off right and don't get too crazy.

  • 2025-04338 — Self-Regulatory Organizations; NYSE Chicago, Inc.; Notice of Filing of Proposed Rule Change for Amendments to Rules 1.1, 5, 7.18, 8 and Article 22, Rules 24-27
    💰
    Type:Notice
    Citation:90 FR 12578
    Reading Time:about 48 minutes

    The Securities and Exchange Commission (SEC) has published a notice about proposed changes to the NYSE Chicago, Inc. rules to allow listing and trading of certain Exchange-Traded Products (ETPs). These changes align NYSE Chicago rules with those of NYSE Arca, aiming for consistency and facilitating competition in ETP listings. The new rules are designed to enhance transparency and clarity in exchange rules while ensuring comprehensive oversight through existing surveillance measures. Interested parties are invited to submit their comments on these proposals to the SEC.

    Simple Explanation

    The SEC is thinking about changing some rules to allow a special kind of stocks, called Exchange-Traded Products, to be bought and sold more easily on the NYSE Chicago, just like on another big exchange. They want to make sure everything is clear and fair, and they are asking people for their thoughts on these new ideas.