eHydrogen Solutions, Inc., and ChromoCure, Inc.; Order of Suspension of Trading, 55248 [2012-22168]

Download as PDF 55248 Federal Register / Vol. 77, No. 174 / Friday, September 7, 2012 / Notices 21, 2012, EDGA Exchange, Inc. (the ‘‘Exchange’’ or ‘‘EDGA’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change as described in Items I and II below, which items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. [FR Doc. 2012–22022 Filed 9–6–12; 8:45 am] BILLING CODE 8011–01–C SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] eHydrogen Solutions, Inc., and ChromoCure, Inc.; Order of Suspension of Trading September 5, 2012. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of eHydrogen Solutions, Inc. (EHYD) because of questions concerning the adequacy of publicly available information about the company. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of ChromoCure, Inc. (KKUR) because of questions concerning the adequacy of publicly available information about the company. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed companies. Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of the above-listed companies is suspended for the period from 9:30 a.m. e.d.t., on September 5, 2012 through 11:59 p.m. e.d.t., on September 18, 2012. By the Commission. Jill M. Peterson, Assistant Secretary. [FR Doc. 2012–22168 Filed 9–5–12; 4:15 pm] SECURITIES AND EXCHANGE COMMISSION [Release No. 34–67765; File No. SR–EDGA– 2012–38] srobinson on DSK4SPTVN1PROD with NOTICES Self-Regulatory Organizations; EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Edge Routed Liquidity Report Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the ‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on August 1 15 2 17 U.S.C. 78s(b)(1). CFR 240.19b–4. VerDate Mar<15>2010 17:04 Sep 06, 2012 II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange included statements concerning the purpose of, and basis for, the proposed rule change and discussed any comments it received on the proposed rule change. The text of these statements may be examined at the places specified in Item IV below. The self-regulatory organization has prepared summaries, set forth in Sections A, B and C below, of the most significant aspects of such statements. A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, Proposed Rule Change BILLING CODE 8011–01–P August 31, 2012. I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to offer a new Exchange market data product, Edge Routed Liquidity Report (‘‘Edge Routed Liquidity Report’’ or the ‘‘Service’’) to Members 3 and non-Members of the Exchange (collectively referred to as ‘‘Subscribers’’). The Exchange proposes to add a description of the Edge Routed Liquidity Report to new Rule 13.9. The text of the proposed rule change is attached as Exhibit 5 and is available on the Exchange’s Web site at www.directedge.com, at the Exchange’s principal office, and at the Public Reference Room of the Commission. 1. Purpose The purpose of the proposed rule change is to begin offering Edge Routed Liquidity Report, a data feed that contains historical order information for orders routed to away destinations by the Exchange. Edge Routed Liquidity Report will be a data feed product that provides routed order information to Subscribers on the morning of the following trading day (T + 1), including: Limit price, routed quantity, symbol, side (bid/offer), time of routing, and the National Best Bid and Offer (NBBO) at the time of routing. 3 A Member is any registered broker or dealer that has been admitted to membership in the Exchange. Jkt 226001 PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 The Exchange will make Edge Routed Liquidity Report available to all Subscribers via subscription through secure Internet connections. Edge Routed Liquidity Report will be offered as either a standard report (the ‘‘Standard Report’’) or a premium report (the ‘‘Premium Report’’). Both the Standard Report and the Premium Report will provide Subscribers with a view of all marketable orders that are routed to away destinations by the Exchange. However, the Premium Report will also identify the routing destination as either directed to a destination that is not an exchange (‘‘Non-Exchange Destination’’) or directed to another exchange. For orders that are routed to a Non-Exchange Destination, the Premium Report will indicate the nature of any liquidity the originating routing strategy seeks. Purchasers of Edge Routed Liquidity Report will be able to elect to obtain data on a rolling thirty (30) day subscription or a calendar month request for as many months as desired. The Exchange is proposing to charge Subscribers a fee in the amount of $500.00/month for a rolling thirty (30) day Standard Report and $500.00/ month for a calendar month request. With respect to the Premium Report, the Exchange is proposing to charge Subscribers a fee in the amount of $1,500.00/month for a rolling thirty (30) day Premium Report and $1,500.00/ month for a calendar month request. Edge Routed Liquidity Report will be provided to Subscribers for internal use only, and thus, no redistribution will be permitted. Edge Routed Liquidity Report can be used by market participants to improve their trading and order routing strategies by being able to discern missed trading opportunities if a Member had been present on the EDGA book. Edge Routed Liquidity Report will provide an indication of the quantity/ quality of the order flow that Members of the Exchange could have interacted with if they had additional posted liquidity on the Exchange’s book. The purpose of Edge Routed Liquidity Report is to allow Subscribers to identify missed opportunities so that they can make the necessary trading system changes to better interact with missed liquidity. By making the Edge Routed Liquidity Report data available, the Exchange enhances market transparency and fosters competition among orders and markets. Historical data can be used for a variety of purposes, such as to support financial market research and analysis as well as back-testing of new trading strategies to gauge effectiveness. The E:\FR\FM\07SEN1.SGM 07SEN1

Agencies

[Federal Register Volume 77, Number 174 (Friday, September 7, 2012)]
[Notices]
[Page 55248]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-22168]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]


eHydrogen Solutions, Inc., and ChromoCure, Inc.; Order of 
Suspension of Trading

September 5, 2012.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
eHydrogen Solutions, Inc. (EHYD) because of questions concerning the 
adequacy of publicly available information about the company.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
ChromoCure, Inc. (KKUR) because of questions concerning the adequacy of 
publicly available information about the company.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed companies.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the securities of the 
above-listed companies is suspended for the period from 9:30 a.m. 
e.d.t., on September 5, 2012 through 11:59 p.m. e.d.t., on September 
18, 2012.

    By the Commission.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2012-22168 Filed 9-5-12; 4:15 pm]
BILLING CODE 8011-01-P
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