24 Jul 2025
📈Proposed Rule Change for Cboe's Opening Process for 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 proposes to amend its opening process for simple orders in exclusively listed index option classes, aiming to improve trading efficiency by allowing certain options to open even without meeting the maximum composite width requirements. This change seeks to facilitate trading during volatile market conditions, enhancing market accessibility and liquidity.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change by the Cboe Exchange expands the forced opening procedure for exclusively listed options, enhancing access to trading and potentially increasing liquidity. This could influence trading strategies and market behavior for business participants, thereby impacting overall market dynamics.