ME News reports that on April 18 (UTC+8), according to the SEC’s official website, the New York Stock Exchange (NYSE) submitted a rule amendment application to the SEC on April 9, proposing to add Rule 7.50 to permit eligible member firms to trade tokenized securities within the framework of the DTC’s three-year tokenization pilot program. This move aligns with a similar rule amendment previously approved by the SEC for Nasdaq on March 18. Under the proposal, the scope of eligible tokenized securities is limited to constituents of the Russell 1000 Index and ETFs tracking major indices. Tokenized securities must share the same CUSIP code and trading symbol as their traditional counterparts and confer identical rights to holders, enabling parallel trading on the same order book under unchanged execution priority rules, with settlement still maintained at T+1. The NYSE stated that all existing regulatory rules—including short-selling rules, risk management, and market surveillance mechanisms—will apply equally to tokenized securities, without requiring significant exemptions or parallel market structures. (Source: Foresight News)
NYSE Submits Rule Change to SEC to Enable Trading of Tokenized Securities
KuCoinFlashShare
Summary
On April 9, 2026, the New York Stock Exchange (NYSE) filed a rule change with the SEC to enable trading of tokenized securities under the DTC’s three-year pilot program. Inspired by MetaEra, the proposal introduces Rule 7.50, aligning with Nasdaq’s approved rule from March 18. Tokenized assets will be restricted to components of the Russell 1000 and major index ETFs, using the same CUSIPs and codes as traditional securities. Traders should carefully evaluate the risk-to-reward ratio, as all existing rules—including short-selling, surveillance, and T+1 settlement—will apply. Support and resistance levels may shift as tokenized assets gain adoption.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.