Search Results for keywords:"Nasdaq MRX"

The Securities and Exchange Commission (SEC) has announced that Nasdaq MRX, LLC, is planning to stop offering two specific types of trading orders: Qualified Contingent Cross (QCC) with Stock Orders and Complex QCC with Stock Orders. These orders were used by members to automatically handle the stock portion of certain complex trades. However, these functionalities were never actually used, so Nasdaq MRX will remove them, allowing members to still conduct similar trades but with the responsibility of handling the stock part themselves. The change is expected to take effect by February 15, 2025, and the SEC has fast-tracked the approval process to support Nasdaq MRX's efficient operation.

Nasdaq MRX, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to increase its port fees in Options 7, Section 6. This change was filed on December 20, 2024, and is set to take effect immediately, with operational status by January 1, 2025. The SEC is inviting public comments on this proposed rule change until January 31, 2025. Interested parties can submit their comments through the SEC’s website or via email, referring to file number SR-MRX-2024-50.

Nasdaq MRX, LLC has proposed a rule change to the Securities and Exchange Commission to delay the implementation of a new Options Regulatory Fee (ORF) and its methodology until June 1, 2025, with a planned end date of December 1, 2025. This decision is intended to allow more time for the adjustments spotlighted in the earlier proposal SR-MRX-2024-45. The Commission is inviting public comments on this proposal, and submissions should reference file number SR-MRX-2025-05. Comments should be submitted by March 3, 2025, through the SEC's website or by email, and will be made publicly available online.

Nasdaq MRX, LLC has proposed a rule change to establish fees for its expanded co-location services, as filed with the Securities and Exchange Commission (SEC) on January 16, 2025. This proposal is designated for immediate effectiveness, and the public is invited to submit comments on whether it aligns with the Securities Exchange Act of 1934. Interested individuals can view the full details of the proposed rule change on Nasdaq's and the SEC's websites. Comments should be submitted to the SEC by February 18, 2025, referencing file number SR-MRX-2025-04.

Nasdaq MRX, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend the fees for several of its market data products. These products include the Depth of Market Feed, Order Feed, Top Feed, Trades Feed, Spread Feed, and Subscriber Fees, which will be adjusted based on inflation rates. The proposal has been designated for immediate effectiveness, and the SEC is seeking comments from the public regarding this rule change. Interested parties can submit their opinions through the SEC's online platforms, and all submissions should be made by February 3, 2025, referencing file number SR-MRX-2024-49.

Nasdaq MRX, LLC filed a new rule change with the Securities and Exchange Commission (SEC) to amend its pricing schedule concerning options trading. The proposed changes include adopting new rebates for Penny Symbol Makers, adjusting fees for Penny Symbol Takers, removing discounts on those fees, and changing the volume requirements for qualifying tiers. The SEC is inviting public comments on these changes until March 13, 2025, and the amendments are designed to take effect immediately. This notice ensures transparency and compliance with regulatory processes.

The Securities and Exchange Commission (SEC) has received a proposed rule change from Nasdaq MRX, LLC to introduce fees for Industry Members associated with the Consolidated Audit Trail (CAT) costs for 2025. This change is designed for immediate effectiveness, and the SEC is inviting public comments on whether the change aligns with the Securities Exchange Act. Comments can be submitted electronically or by mail until February 13, 2025. The proposal and supporting documents are available for public viewing on the SEC and Nasdaq websites.

Nasdaq MRX, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC). This proposal aims to adjust various rules related to options trading, such as better defining certain order types, altering how responses are handled in trading mechanisms, and introducing a new type of Complex Order. The change is set to take immediate effect, but the SEC is inviting public comments until March 13, 2025, to ensure it aligns with existing laws. Interested parties can submit their feedback electronically or via mail, and all comments will be available on the SEC's website.

Nasdaq MRX, LLC has introduced a new approach for calculating the Options Regulatory Fee (ORF) starting January 1, 2025, which differentiates fees based on where trades occur. The revised system will exclude Market Makers from the ORF and categorize trades under different rates depending on whether they occur on MRX or other exchanges. This update aims to refine the collection of ORF to more precisely cover regulatory costs and ensure no overlap with fees charged by other exchanges. The new method will expire on July 1, 2025, after which the previous fee structure will resume.