Search Results for keywords:"AIM auction price"

Cboe Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to allow Trading Permit Holders (TPHs) to opt out of the automatic adjustment of the Automated Improvement Mechanism (AIM) auction price if it is outside the National Best Bid and Offer (NBBO) when received by the Exchange's system. This proposal is intended to take effect immediately. The SEC is seeking public comments on this proposed rule change, which can be submitted electronically or via mail by February 18, 2025. All comments will be publicly available on the SEC's website.

Cboe EDGX Exchange, Inc. has proposed a rule change to allow Trading Permit Holders (TPHs) to opt out of the automated adjustment of auction prices when these prices are outside the National Best Bid and Offer (NBBO) at the time of receipt. This proposal was filed with the Securities and Exchange Commission (SEC) and is set to take immediate effect, though the SEC will accept comments on the proposal from the public. Interested parties can submit comments via the SEC's website or by email, mentioning file number SR-CboeEDGX-2025-001 in their submissions. The proposal details and public comments will be available on the SEC's website.