16 Jun 2025
📈Cboe Rule Change to Extend Trading Hours for Expiring Options
Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, To Allow Certain Expiring A.M.-Settled Index Options To Trade During the Global Trading Hours Trading Session Immediately Preceding the Expiration Date
Summary
The SEC approved a rule change by Cboe Exchange to allow certain A.M.-settled index options to trade during Global Trading Hours leading to their expiration. This modification aims to enhance risk management for market participants, providing more trading opportunities right before settlement and aligning with global market dynamics.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change allows for expanded trading hours of expiring A.M.-settled index options during the Global Trading Hours (GTH), enabling businesses and traders to manage risks more effectively. This change can foster greater market efficiency and participation.