17 Mar 2025
📈Proposed Rules Change for B500 Index Options Trading
Self-Regulatory Organizations: Notice of Filing of a Proposed Rule Change by Miami International Securities Exchange, LLC To Amend Certain MIAX Options Exchange Rules To Permit the Listing and Trading of Cash-Settled Index Options on the Bloomberg US Large Cap Price Return Index (the “B500 Index”)
Summary
The Miami International Securities Exchange filed a proposal to amend index option rules to allow traders to list and trade cash-settled index options based on the B500 Index. This change aims to enhance market flexibility and provide additional opportunities for trading with various expiration timelines, including A.M. and P.M. settlements.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change allows for the listing and trading of new cash-settled index options on the B500 Index, which opens up additional hedging opportunities for market participants and could potentially reduce trading costs. This aligns with the criteria for regulatory requirements affecting businesses in the trading sector.