Search Results for keywords:"position limits"

The Securities and Exchange Commission (SEC) has announced a proposed rule change by MEMX LLC, which aims to amend Exchange Rule 19.3. This change would allow the exchange to list and trade options on the iShares Bitcoin Trust, providing investors a chance to engage with Bitcoin through a public market rather than directly. The new rule outlines measures like custody provisions, position limits, and compliance with existing standards for trading and oversight. MEMX believes this proposal will give investors more options for managing their investments and hedging risks related to Bitcoin.

The Securities and Exchange Commission (SEC) announced that MEMX LLC, a self-regulatory organization, proposed a rule change to allow the listing and trading of options on several Bitcoin-related funds, namely the Grayscale Bitcoin Trust, the Grayscale Bitcoin Mini Trust, and the Bitwise Bitcoin ETF. This proposal aims to give investors an additional tool to gain exposure to Bitcoin's price movements within regulated markets, offering options priced competitively against spot Bitcoin. The proposed options will adhere to existing rules regarding listing criteria, trading, and position limits, and MEMX believes these options can increase market transparency and efficiency. The SEC is seeking comments from the public regarding this proposed rule change.

The document reports that the Miami International Securities Exchange (MIAX) has proposed a rule change to allow trading options on the iShares Ethereum Trust. This proposal involves amending existing rules concerning criteria for securities, as well as position and exercise limits. The main goal is to provide investors with a new, cost-effective means to engage with Ethereum through securities, potentially enhancing market efficiency. The Securities and Exchange Commission (SEC) is reviewing this proposal and has opened the floor for public comments.

The Securities and Exchange Commission (SEC) has received a proposal from Cboe EDGX Exchange, Inc. to change its rules. This change would allow the exchange to list and trade options on the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. The proposal outlines the procedures, position limits, and surveillance measures Cboe EDGX will implement to ensure fair and orderly trading of these options. The SEC is inviting public comments on the proposal, and it will become effective unless the SEC suspends it for further review.