Federal Register #SR-IEX-2026-17

SEC Notice: Proposed Rule Change for IEX Options Market Makers (No Procurement)

This opportunity involves a procurement by the Securities and Exchange Commission (SEC). - Government Buyer: - Securities and Exchange Commission (SEC) - No OEMs or commercial vendors are mentioned, as this is a regulatory notice, not a procurement action. - No products or services are being requested; the notice concerns a proposed rule change for market operations. - Unique/Notable Requirements: - The notice pertains to a proposed amendment to IEX Rule 22.100, allowing market makers to submit immediate-or-cancel (IOC) bulk message quotes on the IEX Options market. - The change is designed to enhance risk management and quoting efficiency for market makers. - The rule change is effective immediately and is based on similar functionalities available on other options exchanges (Cboe Options, C2, EDGX, BZX, MEMX, MIAX Options, MIAX Emerald). - No procurement, products, part numbers, or quantities are involved in this notice.

Description

The Securities and Exchange Commission has published a notice regarding a proposed rule change by Investors Exchange LLC. The rule change aims to amend IEX Rule 22.100 to permit market makers to submit immediate-or-cancel bulk message quotes. The notice indicates that the filing is effective immediately. This change is intended to facilitate market makers' risk management and quoting obligations by allowing more efficient interaction with resting liquidity on the exchange.

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