Search Results for keywords:"NYSE American LLC"

NYSE American LLC has proposed changes to its fee structure for listing bonds and stocks. These changes involve increasing the annual fees for stock issues to cover rising service costs, introducing a flat fee for the original listing of bonds, and adopting a tiered annual fee for bonds based on the number of bonds listed. Additionally, a maximum cap on fees for bond issuers in a calendar year is proposed, all with the aim to align more closely with fees at the New York Stock Exchange (NYSE) and reflect the value provided to issuers. The Securities and Exchange Commission (SEC) is inviting public comments on these changes.

The NYSE American LLC has proposed a new rule to the Securities and Exchange Commission allowing the listing and trading of options on the iShares Bitcoin Trust, the Fidelity Wise Origin Bitcoin Fund, and the ARK21Shares Bitcoin ETF. This initiative aims to boost market liquidity, price efficiency, and transparency for these Bitcoin-backed funds, ensuring investors have a stable and cost-effective way to engage with the Bitcoin market. The rule also outlines specific position limits and surveillance measures to prevent market manipulation and ensure investor protection. The proposal has been approved for immediate effectiveness, allowing options to be listed once all necessary systems are prepared to handle trading.

The NYSE American LLC has proposed a rule change that was filed with the Securities and Exchange Commission (SEC) on February 1, 2021, to amend its Options Fee Schedule. This amendment introduces a new credit system for Customer Electronic executions, aiming to incentivize ATP Holders by offering a $0.10 per contract credit if certain trading volume thresholds are met. The goal is to attract more trading activity, thereby enhancing market depth, price discovery, and competition while benefiting all market participants. The SEC is inviting public comments on this proposed rule change, which is effective upon filing but can be temporarily suspended by the Commission within 60 days if deemed necessary.

NYSE American LLC has filed a proposed rule change with the Securities and Exchange Commission to set up fees for industry members linked to the Consolidated Audit Trail (CAT) costs for 2025. The fee, known as CAT Fee 2025-1, will be $0.000022 per executed equivalent share and will replace the existing higher fee. These fees aim to cover about half of the planned CAT costs for the year. The proposal is available on the SEC website, and comments from the public are invited.

The Securities and Exchange Commission (SEC) is reviewing a proposed rule change filed by NYSE American LLC to amend its Options Fee Schedule. This change involves adjusting the credit levels for specific transactions in the American Customer Engagement (ACE) Program, aiming to encourage greater order flow and market participation. The proposed rate amendment would take effect as of January 13, 2021, and seeks to maintain competitiveness while providing incentives for increased trading activity on the exchange. Public comments are invited to provide input on the proposal before it is finalized.