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This document details the BATS Exchange's proposal to extend the Penny Pilot Program in options classes through June 30, 2013, including relevant regulatory context and procedural details.
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SR-BATS-2012-048 is a proposed rule change submitted to the Securities and Exchange Commission (SEC) by BATS Exchange, Inc. regarding the reporting and operational procedures of certain transactions.
Members of the BATS Exchange who engage in specified trading activities are required to file SR-BATS-2012-048.
To fill out SR-BATS-2012-048, members must follow the guidelines provided in the rule filing and ensure that all required information is accurately documented and submitted in the prescribed format.
The purpose of SR-BATS-2012-048 is to enhance the transparency and efficiency of trading operations on the BATS Exchange by establishing clear reporting procedures.
The information that must be reported on SR-BATS-2012-048 includes details about transactions, participant identifiers, timestamps, and any other relevant data as specified in the rule.
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