Search Results for keywords:"market share"

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Search Results: keywords:"market share"

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  • 2021-03724 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Pricing Schedule at Equity 7, Section 3
    Type:Notice
    Citation:86 FR 11343
    Reading Time:about 12 minutes

    Nasdaq PHLX LLC has filed a proposal with the Securities and Exchange Commission to modify its pricing schedule related to the Qualified Market Maker (QMM) Program. The changes include increasing the required percentage of time a member organization must quote at the national best bid and offer (NBBO) from 10% to 15% to qualify as a QMM. This adjustment aims to boost liquidity, enhance price discovery, and overall improve the equity markets' quality. The rule change has become effective but may still be suspended by the Commission if necessary to protect investors or in the public interest.

    Simple Explanation

    Nasdaq wants some of the companies trading on their platform to be really good at offering the best prices. They decided these companies need to do this 15 times out of every 100 chances to get a special title, which they hope will help them all see how much things should cost and make trading better for everyone.

  • 2025-04926 — Acquisition of Items for Which Federal Prison Industries Has a Significant Market Share
    Type:Notice
    Citation:90 FR 13485
    Reading Time:about 2 minutes

    The Department of Defense is publishing an updated list of product categories where Federal Prison Industries (FPI) holds more than a five percent market share within the DoD market, using data from 2024. The listed product categories must now be procured using competitive or fair opportunity methods starting April 9, 2025. These categories include items like office furniture, men's and women's outerwear, and other specific clothing and household goods. The DoD must also include FPI in the solicitation process for these items and will adjust the list as needed if new information becomes available.

    Simple Explanation

    The Department of Defense (DoD) wants to make sure they buy some items like clothes and furniture from many different sellers fairly, and not just from one big company like Federal Prison Industries (FPI). They have made a new list of these items and will start using this new rule in April 2025.