Search Results for keywords:"market impact"

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Search Results: keywords:"market impact"

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  • 2025-00177 — Self-Regulatory Organizations; Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Transaction Pricing Schedule for Securities Priced Below $1.00
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    Type:Notice
    Citation:90 FR 1586
    Reading Time:about 3 minutes

    The Investors Exchange LLC has proposed a new rule regarding the pricing of transactions for securities priced under $1.00. The proposed changes include offering a rebate of 0.15% for orders adding liquidity and raising the fee to 0.15% for orders removing liquidity. These changes are set to be effective immediately and operational by January 1, 2025. The Securities and Exchange Commission is inviting public comments on these proposed changes until January 29, 2025.

    Simple Explanation

    The Investors Exchange LLC is making new rules about buying and selling cheap stocks, where they will give a little money back to people who help make more buyable stocks appear and charge a bit more for selling off these stocks. The Securities and Exchange Commission is asking people to share their thoughts about this change by the end of January.

  • 2021-03949 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing of Proposed Rule Change To Permit the Listing and Trading of Options Based on 1/100th the Value of the Nasdaq-100 Index®
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    Type:Notice
    Citation:86 FR 11807
    Reading Time:about 34 minutes

    The Securities and Exchange Commission (SEC) announced that Nasdaq PHLX LLC has proposed a new rule to allow the listing and trading of options based on 1/100th of the Nasdaq-100 Index, known as Nasdaq 100 Micro Index Options (XND). These micro options are designed to offer more affordable opportunities for retail investors interested in trading options on the Nasdaq-100 Index. Similar to existing options, XND options will be European-style and cash-settled, but will require less capital, making them more accessible. The SEC is soliciting public comments on this proposed rule change before making a final decision.

    Simple Explanation

    Nasdaq wants to make a new kind of option for people to buy and sell, which is like a tiny piece of their big Nasdaq-100 list of companies, so more people can join in without needing as much money. The people in charge are asking everyone to share their thoughts on this idea before they decide if it's okay.

  • 2025-06498 — Self-Regulatory Organizations; MIAX Sapphire, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rule 402, Criteria for Underlying Securities To List and Trade Options on the Fidelity Ethereum Fund
    💰
    Type:Notice
    Citation:90 FR 16332
    Reading Time:about 40 minutes

    MIAX Sapphire, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to allow options trading on the Fidelity Ethereum Fund. This proposal aims to amend Exchange Rule 402, so that this fund can be listed and traded similar to other exchange-traded funds (ETFs) that hold commodities. The change is designed to let investors hedge against price changes in Ethereum effectively through a regulated market, rather than engaging in unregulated over-the-counter options markets. The SEC is inviting public comments on the proposal.

    Simple Explanation

    MIAX Sapphire, LLC wants to make a change to allow people to trade options (like a buying-later ticket) on a special Ethereum fund, which helps investors manage price changes safely and legally through official markets, instead of risky places. The SEC is asking people what they think about this idea.