Federal Register #SR-CboeEDGX-2026-064

SEC notice on Cboe EDGX proposed overnight-trading execution-review rules

This Securities and Exchange Commission notice concerns proposed overnight-trading rule changes by Cboe EDGX Exchange, Inc., not a government purchase. - Government agency: The Securities and Exchange Commission (SEC) published the notice; it is not seeking products or services. - Organization named: Cboe EDGX Exchange, Inc. proposed changes to its Rule 11.15 on clearly erroneous executions. The notice also mentions FINRA and other national securities exchanges as expected filers of similar proposals. - Proposed changes: Extend existing Limit Up-Limit Down (LULD) restrictions on clearly erroneous execution reviews to Overnight Protected Hours, and clarify review procedures and numerical guidelines for stocks not covered by the LULD Plan. - Purpose: Align execution-review rules with overnight price-band protections and provide more consistent, predictable treatment for market participants. - Procurement details: No products, services, part numbers, quantities, or contract value are specified.

Description

Cboe EDGX Exchange, Inc. proposes to amend Rule 11.15, which governs Clearly Erroneous Executions, following approval of Overnight Protected Bands for 23/5 trading. The changes would extend LULD-based limits on clearly erroneous review to Overnight Protected Hours and clarify treatment of transactions in NMS stocks not subject to the LULD Plan. The proposed rule change is scheduled to become operative when 23/5 trading begins, currently scheduled for December 6, 2026. Comments are due October 30, 2026.

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