29 Jan 2025
📈Proposed Rule Change for $1 Strike Prices in Equity Options
Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Harmonize the Equity Options Listing Rules of the Exchange in Regard to the Listing of Options Series With $1 Strike Prices With the Equity Options Listing Rules of Its Affiliated Exchange, Cboe Exchange, Inc.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change to harmonize equity options listing rules significantly impacts business executives by allowing for the listing of options series with $1 strike prices, enhancing trading opportunities. This change, effective upon filing, may lead to increased market efficiency and competition in options trading, which can directly benefit businesses engaged in such financial activities.