Federal Register #SR-NYSEAMER-2026-28

SEC Notice: Proposed Rule Change for Trading Options on MSCI Indices by NYSE American LLC

This notice from the Securities and Exchange Commission (SEC) outlines a proposed rule change by NYSE American LLC regarding options trading on MSCI indices. - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - MSCI Inc. (index calculation and methodology) - Major market data vendors: Bloomberg, FactSet, Reuters - Products/Services Requested: - No procurement of products or services; this is a regulatory notice - Proposal concerns trading options on: - MSCI World Index (1/100 reduced value) - MSCI ACWI Index (full value) - MSCI USA Index (1/100 reduced value) - Options contracts will be: - P.M.-settled - Cash-settled - European-style exercise - Unique or Notable Requirements: - Rule change enables trading on fractional index values, lowering capital requirements and increasing market liquidity - Amendments to NYSE American rules to support these options - Methodology, listing criteria, and trading procedures for these options are detailed - Involvement of major market data vendors for index dissemination - No procurement action is being solicited; this is a regulatory proposal, not a contract opportunity.

Description

The Securities and Exchange Commission (SEC) published a notice regarding a proposed rule change filed by NYSE American LLC. The rule change aims to facilitate the transfer and trading of options linked to a reduced value of the MSCI World Index (1/100), the full value of the MSCI ACWI Index, and a reduced value of the MSCI USA Index (1/100). These options are P.M.-settled, cash-settled contracts with European-style exercise. The proposal includes amendments to several NYSE American rules to support these options, which are designed to attract more investors by allowing trading on fractional index values, thereby requiring smaller capital outlays and enhancing liquidity.

View original listing