Search Results for citation:"90 FR 12382"

The New York Stock Exchange LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) on March 5, 2025, to amend Rules 7.31 and 7.37. The proposed changes aim to introduce an optional routing strategy for MPL-IOC Orders, which are a type of order on the exchange. The SEC is inviting public comments on whether this proposed change aligns with the Securities Exchange Act of 1934 and has set a deadline for submissions by April 7, 2025. Comments can be submitted via an internet form or email, and all submissions will be available for public viewing on the SEC's website.

Cboe Exchange, Inc. has proposed a change to its rules to allow certain index options, known as expiring non-Volatility A.M.-settled index options, to be traded up until their settlement value is determined on the expiration date. Currently, these options stop trading the day before the expiration day, which increases overnight risk for investors. The change would allow more trading opportunities to manage risk efficiently, especially during night trading sessions. The proposed rule aligns the trading hours of Cboe's options with similar products from other exchanges, aiming to enhance trading flexibility and risk management for investors.