24 Jul 2025
📈Cboe C2 Exchange Proposes Rule Change for Opening Options Process
Self-Regulatory Organizations; Cboe C2 Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Opening Process for Simple Orders in Exclusively Listed Index Option Classes
Summary
The Cboe C2 Exchange has proposed a rule change to amend the opening process for exclusively listed index options, aiming to enhance efficiency and transparency by allowing earlier market openings under specific conditions, thereby benefiting market participants. The change addresses existing challenges in opening procedures, particularly in wide or non-existent markets.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change alters the opening process for exclusively listed options on the Cboe C2 Exchange, potentially increasing market efficiency and transparency. This impacts trading strategies and order management for businesses involved in options trading, ensuring quicker market openings even under adverse conditions.