Search Results for citation:"90 FR 10023"

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Search Results: citation:"90 FR 10023"

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  • 2025-02825 — Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Various Options Rules
    Type:Notice
    Citation:90 FR 10023
    Reading Time:about 3 minutes

    Nasdaq MRX, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC). This proposal aims to adjust various rules related to options trading, such as better defining certain order types, altering how responses are handled in trading mechanisms, and introducing a new type of Complex Order. The change is set to take immediate effect, but the SEC is inviting public comments until March 13, 2025, to ensure it aligns with existing laws. Interested parties can submit their feedback electronically or via mail, and all comments will be available on the SEC's website.

    Simple Explanation

    Nasdaq MRX, LLC wants to change some of the rules about how people trade options, which are special types of financial deals, to make them clearer and introduce new ways to trade. The Securities and Exchange Commission (SEC) is letting people share what they think about these changes until March 13, 2025.

  • 2025-02822 — Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Its Pricing Schedule at Options 7, Section 1 Regarding Unrelated Interest Pricing and Options 7, Section 3 Regarding Fees and Rebates for Regular Orders
    Type:Notice
    Citation:90 FR 10023
    Reading Time:about 3 minutes

    Nasdaq MRX, LLC filed a new rule change with the Securities and Exchange Commission (SEC) to amend its pricing schedule concerning options trading. The proposed changes include adopting new rebates for Penny Symbol Makers, adjusting fees for Penny Symbol Takers, removing discounts on those fees, and changing the volume requirements for qualifying tiers. The SEC is inviting public comments on these changes until March 13, 2025, and the amendments are designed to take effect immediately. This notice ensures transparency and compliance with regulatory processes.

    Simple Explanation

    Nasdaq MRX wants to change some of the prices for buying and selling options and is asking people if they have any thoughts about this until March 13, 2025. They haven't explained clearly why they're making these changes or who might be affected by them.