17 Mar 2025
📈New Trading Hours for A.M.-Settled Index Options Proposed Rule
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Allow for Expiring Non-Volatility A.M.-Settled Index Options To Trade Until the Exercise Settlement Value Is Determined on the Expiration Date
Summary
The Securities and Exchange Commission has published a notice regarding Cboe Exchange’s proposed rule change to allow expiring non-Volatility A.M.-settled index options to trade until their exercise settlement value is determined on expiration day. This amendment aims to provide investors with additional risk management opportunities.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change allows expiring non-Volatility A.M.-settled index options to trade until their exercise settlement value is determined. This change provides businesses with enhanced trading opportunities and is expected to reduce overnight risk ahead of option settlements, thus allowing for more effective risk management.