Search Results for keywords:"trade processing"

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Search Results: keywords:"trade processing"

2025-00896 — Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Withdrawal of a Proposed Rule Change, as Modified by Amendment No. 1, to Amend Exchange Rule 11.25(e) To Allow Users To Utilize the Exchange's Match Trade Prevention Functionality When Entering Periodic Auction Orders Onto the Exchange for Execution
January 16, 2025
Type:Notice
Citation:90 FR 4825
Reading Time:about 2 minutes
Cboe BYX Exchange, Inc. proposed a rule change to allow users to use Match Trade Prevention when entering Periodic Auction Orders. This proposal was initially filed with the Securities and Exchange Commission (SEC) on June 6, 2024, and further modified by an amendment on September 18, 2024. The proposed change aimed to adjust how trades are processed on the exchange platform. However, on January 8, 2025, Cboe BYX withdrew the proposed rule change.
Simple Explanation
Cboe BYX Exchange wanted to change a rule to help users avoid trading with themselves when using special orders, but they decided not to go through with the change.

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