📈Proposed Rule Change for Cboe's Opening Process for Options
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.
Learn More⏳Cboe Exchange Proposes Rule Change on Timestamp Granularity
Cboe Exchange, Inc. has filed a proposed rule change to amend Rule 7.25 regarding timestamp granularity in compliance with the National Market System Plan. This rule aims to align with exemptive relief granted by the SEC, extending the exemption period to April 8, 2030, for certain timestamp reporting requirements. The rule change will impact how industry members handle timestamp data for reporting to the Central Repository.
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