Search Results for keywords:"Market Efficiency"

On November 30, 2018, the Commodity Futures Trading Commission (CFTC) proposed new rules to change how swap execution facilities (SEFs) operate. Based on feedback, they decided not to proceed with many of these changes as they could complicate the market and increase costs. Instead, the CFTC is focusing on specific, smaller updates to improve SEF regulations without causing major disruptions. This decision reflects the Commission's intention to make changes that are more measured and less controversial.

The Securities and Exchange Commission (SEC) is considering an amendment to the National Market System Plan concerning the Consolidated Audit Trail (CAT). This proposal, called the CAIS Amendment, aims to reduce the reporting of sensitive customer data in the CAT, such as names, addresses, and dates of birth, which would save approximately $12 million annually. The proposed changes focus on improving data security and lowering operating costs without affecting regulatory surveillance abilities. The SEC is seeking public comments on this proposed amendment to ensure it aligns with the goals of protecting investors and enhancing market efficiency.

The Cboe BZX Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend rules concerning two investment products: the Invesco Galaxy Bitcoin ETF and the Invesco Galaxy Ethereum ETF. The proposal aims to allow these ETFs to process creations and redemptions both in cash and in-kind. This change is intended to improve the efficiency of trading by allowing participants to use actual cryptocurrencies like bitcoin or ether instead of cash alone, potentially streamlining transactions and reducing market impacts. The SEC is inviting public comments on this proposal until April 8, 2025.

The Securities and Exchange Commission has approved a new rule change proposed by Cboe Exchange, Inc. to broaden the types of complex orders available for trading Flexible Exchange Options (FLEX). Previously, investors could only trade FLEX Options in separate orders if they included both FLEX and non-FLEX securities. The updated rule allows for a new type of complex order, called "FLEX v. Non-FLEX Order," which combines FLEX and non-FLEX components within the same order. This approval is designed to streamline trading by reducing price and legging risks, thereby offering more flexibility and efficiency in managing investment strategies.