Search Results for keywords:"power allocation"

The Securities and Exchange Commission (SEC) published a notice regarding a proposed rule change by NYSE Chicago, Inc. The Exchange proposes new procedures for allocating power and cabinets to co-located users due to high demand, partly driven by COVID-19-related market volatility. The proposal includes detailed rules for purchasing limits and waitlists, applicable when power or cabinet availability falls below certain thresholds. The changes aim to ensure a fair distribution of resources among users while maintaining an equitable system consistent with existing procedures.

The SEC is reviewing a proposed rule change by NYSE American LLC to set up new procedures for allocating power to co-located Users at its facilities. Due to increased demand, especially during volatile market periods, the Exchange plans to integrate power allocation rules with existing rules on cabinet allocation. These changes include placing purchasing limits on Users when available power or cabinet supplies fall below certain thresholds, and creating a waitlist system if these supplies are exhausted. The proposal aims to ensure a fair distribution of resources among users and is open for public comments.

The New York Stock Exchange LLC (NYSE) has proposed a new rule change to establish guidelines for distributing power to its co-located users, amidst high demand due to market conditions like the COVID-19 pandemic. The proposed procedures aim to manage the increased need for power and ensure a fair distribution among users. Users can currently purchase power through new cabinets or upgrades, but if demand exceeds a certain level, limitations and waitlists will be introduced. These changes are designed to ensure equitable access to power and cabinets for all market participants and to prevent any unfair advantages.

The Securities and Exchange Commission is considering a proposal by NYSE National, Inc. to establish procedures for allocating power to its co-located users. As high demand for power has arisen due to market volatility, NYSE National plans to expand power capacity and make it available for users. The proposed changes include setting limits on power and cabinet purchases and implementing a waitlist if supplies run low. This aims to manage resources fairly among users and ensure everyone has a chance to access the needed power and cabinet space.

The NYSE Arca, Inc. has proposed a rule change to the Securities and Exchange Commission to set up new procedures for allocating power to its co-located users. This change is in response to increased demand for power, partly due to high trading volumes during the COVID-19 pandemic. The proposal includes limitations on how much power and how many cabinets users can purchase if inventory or capacity drops below certain levels. Users may be put on a waitlist if resources reach zero, ensuring fair distribution without unfair discrimination between different market participants.