10 Jun 2025
📈Cboe's Proposed Rule Change for Exclusively Listed Options
Self-Regulatory Organizations; Cboe 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 Exchange is revising its opening process for simple orders in exclusively listed index options. The proposed changes aim to enhance market efficiency by enabling quicker openings in response to market conditions, benefiting traders and investors in managing their positions more effectively. The adjustments include automated forced openings under specific scenarios, promoting a more streamlined trading environment.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change by Cboe Exchange alters the opening process for exclusively listed index options, allowing quicker trading opportunities and potentially reducing market risk for business owners and investors. This affects how orders are executed, facilitating more efficient market operations.