Federal Register #SR-NYSETEX-2026-34

NYSE Texas Proposed Rule Change for Extended Trading Hours

This notice from the Securities and Exchange Commission (SEC) addresses a proposed rule change by NYSE Texas, Inc. regarding trading procedures. - NYSE Texas, Inc. seeks to amend Rule 7.12, which governs the resumption of trading after a Level 3 market-wide circuit breaker halt. - The amendment is prompted by the expansion of trading hours to 23 hours per day, 5 days per week. - The proposal maintains the current practice of resuming trading at 4:00 a.m. ET or later on the following trading day after a Level 3 halt. - This ensures a consistent cooling-off period, even with extended overnight trading sessions. - No procurement of goods or services is requested. - No OEMs, vendors, or product/service line items are mentioned. - The notice is regulatory and aims to support fair and orderly market conditions during significant volatility.

Description

This notice announces a proposed rule change by NYSE Texas, Inc. to amend Rule 7.12 regarding the resumption of trading following a Level 3 market-wide circuit breaker halt. The amendment is in response to the industry's expansion of trading hours to 23 hours per day, 5 days per week. The rule change aims to maintain the current resumption time of 4:00 a.m. ET or later on the following trading day after a Level 3 halt, despite the introduction of extended overnight trading sessions. This ensures a consistent cooling-off period and supports fair and orderly market conditions during significant market volatility.

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