{"abstract":null,"action":"Order 2 initiates a Periodic Auction with Order 1 <bullet> Order 3--Inbound order (Firm A): PAE Order (MTP = Cancel Both), Buy 200 @1.00 <bullet> Result: Order 3 is canceled in order to prevent Order 3 from participating in the Periodic Auction, canceling Order 2, and disrupting the completion of the Periodic Auction Example 8: Incoming Order Has MTP Temporarily Bypassed in a Periodic Auction","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2025/03/31/2025-05452.html","cfr_references":[],"citation":"90 FR 14304","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":null,"disposition_notes":null,"docket_ids":["Release No. 34-102727","File No. SR-CboeBYX-2025-008"],"dockets":[],"document_number":"2025-05452","effective_on":null,"end_page":14311,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2025/03/31/2025-05452.xml","html_url":"https://www.federalregister.gov/documents/2025/03/31/2025-05452/self-regulatory-organizations-cboe-byx-exchange-inc-notice-of-filing-of-a-proposed-rule-change-to","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2025-05452?publication_date=2025-03-31","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2025-03-31/2025-05452/mods.xml","not_received_for_publication":null,"page_length":8,"page_views":{"count":236,"last_updated":"2026-04-04 02:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-03-31/pdf/2025-05452.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-05452.pdf?1743165912","publication_date":"2025-03-31","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2025/03/31/2025-05452.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"SEC","document_id":"SEC-2025-0539-0001","checked_regulationsdotgov_at":"2025-04-01T12:55:04Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":14304,"subtype":null,"title":"Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Amend Exchange Rule 11.25(e) To Allow Users To Utilize the Exchange's Match Trade Prevention Functionality When Entering Periodic Auction Orders Onto the Exchange for Execution","toc_doc":"Cboe BYX Exchange, Inc.","toc_subject":"Self-Regulatory Organizations; Proposed Rule Changes","topics":[],"type":"Notice","volume":90}