Market regulation · 17/05/2012Updated: 10/17/2026 · 1 min read
NASDAQ Introduces Proposed Rule Change for Benchmark Orders
Summary
NASDAQ Stock Market LLC has filed a proposed rule change to introduce 'Benchmark Orders' under NASDAQ Rule 4751(f), aiming to enhance market efficiency. The proposed rule change seeks to establish a new type of order that will help reduce market volatility and improve trading outcomes.