18 Mar 2025
šSEC Notice on Cboe Proposed Rule Change for Future-Option Orders
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Permit Orders Comprised of Options and Futures Legs (āFuture-Option Ordersā)
Summary
The Securities and Exchange Commission has issued a notice regarding Cboe Exchange's proposed rule change to allow orders with options and futures legs, termed "Future-Option Orders." The Commission has designated an extended timeline for reviewing this proposal, aiming to ensure adequate consideration of the change and its implications for the market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text pertains to the proposed rule change by Cboe Exchange regarding future-option orders, which may have significant effects on trading strategies in options and futures. Business owners and executives must prepare for potential shifts in market behavior pending the SEC's decision by June 2025.