25 Sep 2025
📈Proposed Rule Change for Cboe Magnificent 10 Index Options Trading
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Add Options on the Cboe Magnificent 10 Index to Certain Rules and To Change the Market-Maker Appointment Tier for Certain Index Options
Summary
The Securities and Exchange Commission issued a notice regarding Cboe Exchange's filing to add options on the Cboe Magnificent 10 Index and update Market-Maker appointment tiers. This change aims to enhance transparency around index options, fostering a more open market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by Cboe Exchange to list options on the Cboe Magnificent 10 Index and adjust Market-Maker appointment tier has significant regulatory implications for businesses involved in trading options, impacting trading practices and potential costs.