Search Results for keywords:"Equities Fees and Charges"

Found 2 results
Skip to main content

Search Results: keywords:"Equities Fees and Charges"

  • Type:Notice
    Citation:90 FR 2052
    Reading Time:about 3 minutes

    The Securities and Exchange Commission has announced that NYSE Arca, Inc. filed a proposed rule change to amend their Equities Fees and Charges, specifically introducing a new Tier 6 and adopting Tiers 1, 2, and 3 under the new Sub-Dollar Adding Tiers pricing table. This proposal was filed on December 20, 2024, and is designated for immediate effectiveness. The public is invited to submit comments on this proposal, with a deadline of January 31, 2025. Comments can be submitted electronically via the SEC's website or by mail.

    Simple Explanation

    The people in charge of buying and selling stocks have decided to change some rules about fees for a group called NYSE Arca. They made the change quickly and want to hear what others think by the end of January.

  • Type:Notice
    Citation:86 FR 11027
    Reading Time:about 22 minutes

    NYSE Arca, Inc. proposed a new pricing tier called Tape B Tier 3, which aims to encourage more liquidity-providing orders in certain securities on its platform. This proposal offers incentives to ETP Holders affiliated with market maker accounts participating in NYSE Arca Options, allowing them to qualify for credits based on their trading activity. The proposal also includes non-substantive changes to simplify language in the fee schedule. This move is part of NYSE Arca's strategy to increase competitiveness and attract more order flow by offering financial incentives.

    Simple Explanation

    The NYSE Arca wants to give rewards to people who trade more in certain stocks, helping the market to be busier and more exciting. They also made some small changes to make their rules easier to understand.