Search Results for keywords:"CQS/UQDF"

The Securities and Exchange Commission is reviewing a proposed rule change filed by The Nasdaq Stock Market. Nasdaq aims to amend Rule 4759 to change the primary and secondary sources of quotation data from certain market centers that it uses for order processing and regulatory compliance. The rule change involves using direct data feeds from the Long-Term Stock Exchange as the primary source and CQS/UQDF as a secondary source. The proposal is filed under a rule that allows for quicker adoption if it does not significantly impact investors or competition, and the SEC has decided it can take effect immediately.

Nasdaq PHLX, LLC has proposed a rule change to update its list of data feeds used for trading and compliance processes. They intend to make the Long-Term Stock Exchange the primary data source for quoting, with CQS/UQDF as a secondary source. This update aims to improve transparency and market efficiency. The Securities and Exchange Commission (SEC) has allowed the change to take effect immediately to expedite its benefits, as it does not introduce new regulatory issues.

Nasdaq BX, Inc. has submitted a proposal to the Securities and Exchange Commission to update Rule 4759, which governs the data feeds the exchange uses for handling and executing orders. The proposed amendment aims to add a direct data feed from MIAX PEARL, LLC and MEMX LLC as the primary sources, while CQS/UQDF will become the secondary source, to ensure data is available even if the primary source fails. This change is intended to improve transparency and efficiency without affecting competition, and comments on the rule can be submitted to the SEC until March 15, 2021.

Nasdaq PHLX LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to update Rule 3304, which deals with the data feeds the Exchange uses for processing orders and regulatory operations. The change will make MIAX PEARL, LLC and MEMX LLC the primary data sources, with CQS/UQDF as the secondary source. The purpose of this update is to enhance transparency and provide clearer information to market participants. The SEC is inviting public comments on this proposed change by March 16, 2021.

The Nasdaq Stock Market LLC has proposed a change to its rules concerning data feeds used for handling, routing, and executing stock orders. They plan to use direct feeds from MIAX PEARL, LLC and MEMX LLC as their primary sources for market data, with CQS/UQDF as a secondary source if needed. This change aims to enhance transparency and support a fair and open market by clearly showing where Nasdaq gets its quotation data. The proposed rule change is intended to be implemented within 90 days of its effective date, and the Securities and Exchange Commission is open to public comments on this proposal until March 15, 2021.

Nasdaq BX, Inc. proposed a rule change to amend Rule 4759, altering its data feeds for handling and executing orders. This adjustment involves using a direct feed from the Long-Term Stock Exchange as the primary source, with CQS/UQDF as a backup. The Securities and Exchange Commission (SEC) allowed this change to become effective immediately, aiming to improve transparency without significantly affecting competition or the public’s interest. The SEC invites public comments on this rule change, seeking input through its website or email by January 2, 2025.