Market regulation  · 

SEC comment letter: order competition rule

Optiver submitted comment letters to the SEC on its proposed equity market structure reforms. While we agree with the Commission that as markets evolve, so too should the frameworks that govern them, we urge the SEC to consider our recommendations.

In this letter, we urge the SEC to extend the Order Competition Rule to include equity options markets.

To discuss this letter – or any other market structure topic – reach out to the Optiver Corporate Strategy team at [email protected]

Market regulationRegulatory comments and consultations

Related Articles

  • Market regulation

    A better way to measure best execution

    Regulators have suspended RTS 27 reporting and are considering scrapping the requirement to produce RTS 27 and RTS 28 reports altogether. These reports are designed to show the extent to which investors in the U.K. and EU receive best execution for their trades, and they do have some issues in their current form. Instead of scrapping them altogether however, we advocate for making them more useful and less cumbersome to produce.

    Learn more
  • Market regulation

    Portfolio compression in centrally cleared markets

    Portfolio compression is a post-trade balance sheet reduction technique in which two or more counterparties terminate some (or all) of their open interest in derivative contracts, simplifying the management of positions. This frees up valuable capital that would otherwise be held unnecessarily against offsetting positions that could be compressed. The end goal of compression is a cleaner portfolio, with less complexity and enhanced capital efficiencies, allowing for healthier and safer derivative markets.

    Learn more