NYSE submits a revision to the SEC, proposing to add Section 7.50, allowing qualified members to trade tokenized securities within the DTC Three Decades Tokenization Pilot, covering Russell 1000 component stocks and ETFs tracking major indices. Tokenized securities share the same CUSIP and trading code as traditional securities, can be traded concurrently on the same order book, with unchanged priority, and settlement remains T+1. Current regulatory rules apply equally, without the need for significant exemptions.

MeNews

2026-05-23 19:00:48

Abstract generation in progress

ME News Report, April 18 (UTC+8), according to the SEC official website, the New York Stock Exchange (NYSE) previously submitted a rule amendment application to the SEC on April 9, proposing to add Rule 7.50, allowing qualified member institutions to trade tokenized securities within the DTC three-decade tokenization pilot project framework. This move is consistent with Nasdaq's similar rule amendment, which was approved by the SEC on March 18.
According to the proposal, the scope of securities eligible for tokenized trading is limited to Russell 1000 index components and ETFs tracking major indices. Tokenized securities must share the same CUSIP code and trading symbol as traditional securities and grant holders the same rights, enabling parallel trading within the same order book with traditional securities, with priority rules remaining unchanged, and settlement still maintaining the T+1 standard.
NYSE stated that all current regulatory rules will apply equally to tokenized securities, including short-selling rules, risk management, and market surveillance mechanisms, and the overall framework requires no significant exemptions or parallel market structures. (Source: Foresight News)

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MountainSilhouetteBeforeThe

· 12h ago

Tokenization is not disruption; it's an upgrade to infrastructure. This positioning is accurate.

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ForkingDrama

· 12h ago

The walls between traditional exchanges and the on-chain world are thinning.

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SlippageSiren

· 12h ago

NYSE is finally getting serious; the gate to tokenization in traditional finance is opening.

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BridgeBurned

· 12h ago

No significant exemptions; current rules remain in effect, and compliance costs are manageable.

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FoldedYield

· 12h ago

Wall Street tactics: start with small steps to test the waters, then expand fully

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QuietAirdropper

· 12h ago

Tokenized securities and original version trading on the same order book, liquidity will not be fragmented, this is crucial.

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GateUser-46033407

· 13h ago

This can be considered an official response from TradFi to RWA.

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CandlestickChartsUnderThe

· 13h ago

Article 7.50 has a quite low-key name, but it carries significant historical importance.

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LiquidityTeaMaster

· 13h ago

If the three-year pilot is successful, it is expected to expand to a broader scope.

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The New York Stock Exchange submits a rule amendment application to the SEC, proposing to allow tokenized securities to be traded on the exchange.

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