Search Results for keywords:"IEX Options"

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Search Results: keywords:"IEX Options"

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  • 2025-04515 — Self-Regulatory Organizations: Investors Exchange LLC; Notice of Filing of Amendment No. 1 to a Proposed Rule Change To Adopt Rules To Govern the Trading of Options on the Exchange for a New Facility Called IEX Options
    💰
    Type:Notice
    Citation:90 FR 12890
    Reading Time:about 2 hours

    The Securities and Exchange Commission published a notice about a rule change proposed by the Investors Exchange LLC (IEX). IEX wants to establish rules for trading options on a new platform called IEX Options. This platform aims to enhance risk management for market makers by introducing features like automated trading, risk controls, and a mechanism to prevent trading at outdated prices. The SEC is inviting public comments on this proposal before making a final decision.

    Simple Explanation

    IEX, a company that lets people buy and sell stocks, wants to start a new way to trade options, which are special kinds of stocks. The government is checking their idea to make sure it's fair and safe and is asking people what they think before deciding.

  • 2025-01290 — Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing of a Proposed Rule Change to Adopt Rules to Govern the Trading of Options on the Exchange for a New Facility Called IEX Options
    💰
    Type:Notice
    Citation:90 FR 7205
    Reading Time:about 2 hours

    The Investors Exchange LLC (IEX) has proposed a new rule to create an options trading facility called "IEX Options." This facility will be a fully automated system designed to trade options contracts, similar to other options exchanges. The plan includes implementing guidelines to protect Market Makers from risks, like the execution of outdated quotes, and to ensure fair trading practices. IEX will also adopt certain rules from other exchanges to maintain fairness and efficiency in the options market. The Securities and Exchange Commission is inviting public feedback on this proposal.

    Simple Explanation

    Imagine IEX is like a new playground for trading money things called "options." They want to make sure everyone plays fair, so they are making new rules like other playgrounds have. But, some people worry it might be tricky to understand how everything works because there are so many rules borrowed from other places.