12 Jun 2025
📈Cboe EDGX Proposes Changes to Options Opening Process
Self-Regulatory Organizations; Cboe EDGX 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
Cboe EDGX Exchange proposes a new rule to automate the opening process for exclusively listed index options, enabling quicker market entry even without a Composite Market. This aims to enhance market efficiency, allowing participants to trade and manage their positions more effectively, thereby promoting a fair and orderly market.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change by Cboe EDGX regarding the opening process for exclusively listed options impacts market operations significantly, allowing for quicker trade executions. This change may facilitate better liquidity and market access for businesses engaging in trading activities.