Federal Register #SRNYSE202638

Regulatory Notice: NYSE Price List Amendment and Cboe BZX Leveraged ETF Listing Proposal

This notice details regulatory actions proposed by major U.S. stock exchanges, overseen by the Securities and Exchange Commission (SEC). - Government Buyer: - Securities and Exchange Commission (SEC), Division of Trading and Markets - OEMs and Vendors: - No OEMs or commercial vendors are involved; the entities are stock exchanges (New York Stock Exchange LLC, Cboe BZX Exchange, Texas Stock Exchange LLC) - Products/Services Requested: - Amendment to NYSE Price List: - Increase the free late D Orders threshold at the close from 5,250,000 shares to 10,000,000 shares - Purpose: Encourage additional liquidity in the Closing Auction - Listing and Trading of Leveraged Commodity-Based ETFs: - Cboe BZX Exchange proposes listing and trading 3x leveraged ETFs for Gold, Silver, Bitcoin, Ether, Crude Oil, and Natural Gas - Rule Reference: BZX Rule 14.11(e)(4) - Unique or Notable Requirements: - No procurement of goods or services; this is a regulatory notice - No part numbers or purchase quantities specified - Changes are intended to improve market liquidity and execution opportunities for participants - Includes a clarifying update to incremental discounts on MOC Orders - Technical information is accessible: The focus is on share thresholds and ETF listing rules, not on physical products or IT solutions.

Description

The Securities and Exchange Commission has filed a proposed rule change by the New York Stock Exchange LLC to amend its Price List. The amendment modifies the share threshold requirement for free late D Orders at the close and includes a non-substantive clarifying change. The proposed rule change aims to encourage additional liquidity on the Exchange, particularly in the Closing Auction, by increasing the volume threshold for free late D Orders from 5,250,000 shares to 10,000,000 shares. The notice is effective immediately upon filing.

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