Cboe EDGX Exchange, Inc. has proposed a rule change to allow users to choose when their orders become eligible for execution during the Early Trading Session. This change will enable users to designate their orders to start at 7:00 a.m. Eastern Time, aligning with the trading practices of other exchanges. The proposal aims to provide users with greater control over their orders and enhance their trading opportunities without modifying the current trading session hours. The Securities and Exchange Commission is inviting public comments on this proposal.
Simple Explanation
Cboe EDGX Exchange, a place where people buy and sell stocks, wants to change a rule so people can start trading at 7:00 a.m., just like at other places. The idea is to give people more control over their buying and selling, and everyone can say what they think about this change.