Search Results for keywords:"Nasdaq ISE"

Nasdaq ISE, LLC filed a proposal with the Securities and Exchange Commission (SEC) to allow options trading on several Ethereum-related funds, including the Fidelity Ethereum Fund and Bitwise Ethereum ETF. The proposal intends to modify current rules to include these funds in the list of securities eligible for options trading. The document outlines the conditions and standards needed for trading these options, emphasizing investor protection and market transparency. The proposal also discusses how these changes could benefit investors by providing additional opportunities for trading and risk management in the cryptocurrency market, notably in a regulated environment.

Nasdaq ISE, LLC has filed a proposal with the Securities and Exchange Commission (SEC) to discontinue the use of "Qualified Contingent Cross" (QCC) orders that include stock components. This change is due to a lack of interest from exchange members in using this feature. Exchange members will still be able to execute QCC orders but will need to handle the stock component themselves. The SEC has allowed this change to take effect immediately to enable the exchange to remove the necessary infrastructure by the end of the year. No objections were received from exchange members regarding this proposal.

Nasdaq ISE, LLC, filed a proposed rule change with the Securities and Exchange Commission (SEC) on January 10, 2025, aiming to delay an amendment regarding Complex Order Risk Protections. This amendment involves orders that include at least one P.M.-settled leg and one A.M.-settled leg. The proposal is designated for immediate effectiveness, and the SEC is inviting public comments on whether the rule change aligns with the Securities Exchange Act of 1934. Interested parties can submit comments until February 13, 2025, and should reference file number SR-ISE-2025-04.

Nasdaq ISE, LLC filed a proposed rule with the Securities and Exchange Commission (SEC) that would allow it to list and trade options on the iShares Ethereum Trust. Initially published for comment on August 12, 2024, the SEC received feedback on the proposal. Due to the complexity of the issues raised, the SEC has extended the decision period by 60 days, setting a new deadline of April 9, 2025, to approve or disapprove the rule change. This extension ensures the SEC has enough time to thoroughly evaluate the proposed changes and the feedback received.

Nasdaq ISE, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to establish fees for Industry Members. These fees are associated with the costs linked to the Consolidated Audit Trail, a system in the National Market System Plan aimed at improving surveillance and market oversight for 2025. This proposal was submitted for immediate effectiveness, and the SEC invites the public to submit comments on whether they agree with this proposed rule change. All comments should be submitted by February 13, 2025, and should reference the file number SR-ISE-2025-01.

Nasdaq ISE, LLC has proposed a rule change to avoid trading Flexible Exchange Options (FLEX Options) on certain Bitcoin-related investment products. These include options on Bitcoin trusts like the Fidelity Wise Origin Bitcoin Fund and the Grayscale Bitcoin Trust, among others. This decision is in line with previous approvals that limit position and exercise limits to 25,000 contracts for these trusts. The change ensures that these options will not conflict with the existing rules, maintaining consistent limits across exchanges and protecting investor interests.

Nasdaq ISE, LLC has filed a proposed rule change with the Securities and Exchange Commission concerning the fees for various market data products. These fees will be adjusted based on the rate of inflation, specifically for the Real-time Depth of Market Raw Data Feed, Nasdaq ISE Order Feed, Nasdaq ISE Top Feed, Nasdaq ISE Spread Feed, and Nasdaq ISE Trade Feed. The proposal has taken effect immediately and the Commission is inviting public comments regarding whether the change is consistent with the Securities Exchange Act of 1934. Comments must be submitted by February 5, 2025, and should reference file number SR-ISE-2025-02.

The Securities and Exchange Commission (SEC) has approved a rule change proposed by BOX Exchange LLC that allows the trading of options on the iShares Bitcoin ETF. This decision follows a similar proposal approved for Nasdaq ISE. The rule, effective immediately, establishes new position and exercise limits for these options, set at 25,000 contracts. This move is intended to provide investors with a cost-effective method to gain exposure to Bitcoin through a familiar public securities market. Additionally, BOX Exchange updated its rules to reflect the current names of certain trust funds.

Nasdaq ISE, LLC has proposed a new rule to establish fees for its flexible exchange options, known as FLEX Options. This proposal was filed with the Securities and Exchange Commission (SEC) and will be effective immediately, with the changes set to operate starting April 7, 2025. The SEC is inviting the public to comment on this proposed rule change by April 10, 2025. Interested persons can submit their comments electronically or via mail, ensuring to reference the file number SR-ISE-2025-10.

The Securities and Exchange Commission (SEC) has published a notice regarding a proposed rule change filed by Nasdaq ISE, LLC. The proposed rule change seeks to increase the position and exercise limits for options on the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts. The reason behind this proposal is to align the limits with the current market capitalization and average daily volume, which demonstrate sufficient liquidity to handle increased limits. The proposed rule change aims to enhance liquidity and market competition while ensuring that adequate surveillance measures are in place to prevent manipulation and protect investors.