Federal Register #SR-NYSEARCA-2026-61

SEC Notice: NYSE Arca, Inc. Proposed Rule Change to Amend Equities Fees and Charges

This notice from the Securities and Exchange Commission (SEC) addresses a proposed rule change by NYSE Arca, Inc. regarding its equities fees and charges. - Government buyer: - Securities and Exchange Commission (SEC) - No OEMs or vendors are mentioned in this notice - No products or services are being requested or procured - Key details: - The proposed rule change modifies the Ratio Threshold Fee for Auction-Only Orders - The change introduces a dual threshold: both average daily cancelled shares and average daily weighted cancelled shares must meet or exceed 500,000 for the fee to apply - The intent is to discourage excessive order cancellations near auction start times and improve market quality - This is a regulatory notice, not a procurement opportunity

Description

This notice announces a proposed rule change by NYSE Arca, Inc. to amend the NYSE Arca Equities Fees and Charges, specifically modifying the application of the Ratio Threshold Fee. The fee targets Auction-Only Orders during auction imbalance dissemination periods to discourage excessive order cancellations close to auction start times. The proposed change introduces a dual threshold for fee application to better target unproductive order entry practices and improve market quality. The rule change is effective upon filing and comments are invited by July 7, 2026.

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