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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