# 2024-31457: Nasdaq Mysteriously Withdraws Rule About Cryptic 'XND' Thing

2024-31457, Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Withdrawal of Proposed Rule Change To Amend Options 3, Section 13 Related to XND, is a Federal Register notice from an unnamed agency published 2025-01-02, effective 2024-12-20 (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2024-31457
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2024-31457
- Title: Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Withdrawal of Proposed Rule Change To Amend Options 3, Section 13 Related to XND
- Type: Notice
- Agencies: unknown
- Citation: unknown
- Published: 2025-01-02
- Effective: 2024-12-20
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

Nasdaq Mysteriously Withdraws Rule About Cryptic 'XND' Thing

## 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.

## Effects PRIA read

No economic effects identified for this document.

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## Sources
- [2024-31457 on federalregister.gov](https://www.federalregister.gov/documents/2025/01/02/2024-31457/self-regulatory-organizations-nasdaq-phlx-llc-notice-of-withdrawal-of-proposed-rule-change-to-amend)
- [2024-31457 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-01-02/pdf/2024-31457.pdf)

## Related
- [Previous: 2024-31456, Information Collections Being Submitted for Review and Approval to Office of Ma…](https://policyrisk.com/federal-register/2024-31456)
- [Next: 2024-31458, Proposed Collection; Comment Request; Extension: Form TH](https://policyrisk.com/federal-register/2024-31458)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2024-31457 (as of 2026-06-08).