Search Results for keywords:"electronic trading"

Found 2 results

Search Results: keywords:"electronic trading"

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  • 2020-27622 — Electronic Trading Risk Principles
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    Type:Rule
    Citation:86 FR 2048
    Reading Time:about 2 hours

    The Commodity Futures Trading Commission (CFTC) has finalized new rules to manage risks associated with electronic trading on designated contract markets (DCMs). These rules require DCMs to adopt measures to prevent, detect, and mitigate market disruptions or anomalies that might occur due to electronic trading. The regulations emphasize flexibility by allowing each DCM to tailor their risk controls based on their specific market needs. This approach aims to ensure stable and fair trading environments on electronic platforms.

    Simple Explanation

    In simple terms, the CFTC made new rules to help prevent problems when computers are used to trade things like stocks. These rules make sure that the places where trading happens have plans to stop and fix any computer problems that might cause trading to go wrong.

  • 2021-02396 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule
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    Type:Notice
    Citation:86 FR 8413
    Reading Time:about 12 minutes

    Cboe Exchange, Inc. has proposed a rule change to amend its fee schedule, specifically regarding Related Future Cross (RFC) orders, which are complex orders involving a combination of option and futures contracts. This change is set to be effective from January 19, 2021. The proposed amendments include updates to the fee structure, such as relocation of certain surcharge waivers to footnotes 21 and 25, to reflect the permanent adoption of RFC orders in both electronic and open outcry trading environments. The filing with the Securities and Exchange Commission is open for public comments, and the Commission may take action within 60 days of the filing if necessary to protect investors and public interest.

    Simple Explanation

    Cboe Exchange wants to change the way they charge money when people use a special kind of complicated order that mixes options and futures. They're moving some of these charges around, and they want people to tell them what they think about it.