2024-31457Notice

Nasdaq Mysteriously Withdraws Rule About Cryptic 'XND' Thing

Published Date: 1/2/2025

Notice

Summary

Nasdaq PHLX decided to pull back a plan to change how certain options orders are handled in the Nasdaq-100 Micro Index (XND). This means market makers won’t get new ways to join PIXL auctions for now, and no money or timing changes will happen. Everyone involved can keep doing business as usual without any new rules coming in soon.

No Economic Impacts Identified for this Document

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Key Dates

Effective Date
Published Date
12/20/2024
1/2/2025

Department and Agencies

Department
Independent Agency
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