Cboe Options Exchanges
Cboe provides choice for our diverse trading customers by operating four U.S.-listed cash equity options markets, including the largest options exchange in the U.S. - Cboe Options Exchange.
Cboe Options Exchange
- Hybrid, Classic Model
- Open outcry and electronic exchange
Cboe C2 Options Exchange
- Pro-Rata, Maker-Taker Model
- All-electronic exchange
Cboe BZX Options Exchange
- Price-Time, Maker-Taker Model
- All-electronic exchange
Cboe EDGX Options Exchange
- Classic Pro-Rata/Customer Priority/DMM Model
- All-electronic exchange
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Summary of market volume and market share on the Cboe U.S. options exchanges.
Most Active
Latest News
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New OCC Clearing Number 864 on Cboe Options Exchange
Please be advised that ED&F Man Capital Markets Inc., OCC Clearing #864, has recently become a valid Clearing Number for trade executions on the Cboe Options Exchange. Please inform your systems and operations staff of this information. Please click the title for more details.
February 25, 2020
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Cboe Options to Implement Maximum Active Order Threshold on PAR
Effective March 16, 2020, Cboe Options will implement a new maximum active order threshold safeguard on PAR terminals used by floor brokers. The maximum active order threshold will be set to 999. Please click title for complete details.
February 24, 2020
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Cboe Town Hall on Options Market Maker Consolidated Audit Trail (CAT) Reporting
At the time and location indicated herein, Cboe will host a Town Hall meeting to provide details regarding option market maker reporting to the Consolidated Audit Trail (CAT).
Cboe market maker groups are strongly encouraged to attend. Please click the title for more details.
February 21, 2020
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DPM Appointment Transfer Proposal between Barclays Capital Inc. and GTS Securities, LLC
This notice is given in accordance with the procedures utilized by the Exchange under Cboe Rule 3.53 in considering DPM appointment transfer proposals. Please click the title for more details.
February 19, 2020
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Reminder - Cboe Adds Support for BOE Return Field ExecLegCFICode
Effective February 19, 2020, Cboe will add support for the BOE protocol return field ExecLegCFICode on the Cboe Options (“C1”), C2 Options (“C2”), and EDGX Options (“EDGX”) Exchanges. Please click the title for complete details.
February 14, 2020
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Novel Coronavirus Guidance
Cboe is issuing this notice to pass along important information provided by the the Centers for Disease Control and Prevention (“CDC”) that may help prevent workplace exposures to acute respiratory illnesses, including the 2019 novel coronavirus (2019-nCoV). The CDC has also issued advisories regarding travel to China. Pleas click the title for complete details.
February 12, 2020
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Reminder – Cboe Options Adds Percentage Pricing for Non-Index FLEX Orders
Effective February 18, 2020, Cboe will add percentage pricing for non-index FLEX orders and auction responses. Percentage pricing indicates that the Strike Price and the Premium are represented in percentage terms of the closing value for the underlying instrument on the trade date. Please click the title for complete details.
February 11, 2020
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Phone Turret Demonstrations on the Cboe Options Trading Floor
All Cboe Options (C1) floor traders are invited to test the potential new turrets for the new C1 trading floor beginning Monday, February 10. The turrets will be available on the C1 trading floor for testing daily through Friday, February 28. Please click the title for complete details.
February 11, 2020
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Cboe Trader E-News for Friday, February 7, 2020
February 7, 2020
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Cboe Holiday Reminder – Closed on Monday, February 17, 2020
Cboe U.S. Equities Exchanges (BYX, BZX, EDGA, and EDGX Equities) and the Cboe Options Exchanges (BZX, Cboe, C2, and EDGX Options) will be closed on Monday, February 17, 2020 in observance of Presidents’ Day. Normal trading will resume on Tuesday, February 18, 2020. Please click the title for complete details.
February 4, 2020
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Updated - Cboe Options Exchange VIX GTH LMM Solicitation
Cboe Exchange, Inc. will be accepting applications from interested Trading Permit Holders for the Lead Market-Maker role in the Global Trading Hours session for VIX options (including VIX weekly options). Please click the title for complete details.
February 3, 2020
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Reminder: Final Daily Trade Submission Deadlines for Cboe Options Exchange
As mentioned in a prior exchange notice, the Cboe Options Exchange’s deadline for final submission of trade input to the OCC is 5:30pm (ET). Accordingly, in order to fulfill the obligation to complete trade submission by 5:30 p.m., the deadline for hard edit changes via clearing editor is 5:20 p.m. (ET) on all trading days, including expiration days. Please click the title for more details.
January 31, 2020
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Clearing Member Give Up Authorization for Cboe BZX Options Exchange
Pursuant to BZX Options Rule 21.12, effective March 2, 2020, all non-Market-Maker Members will only be permitted to give up a Designated Give Up or their Guarantor. Additionally, the rule provides a new procedure will be in place when a Clearing Member (CM) intends to restrict usage of its clearing number on trades executed by another Member (“give up”). Please click the title for complete details.
January 30, 2020
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Cboe Options Adds Percentage Pricing for Non-Index FLEX Orders
Effective February 18, 2020, Cboe will add percentage pricing for non-index FLEX orders and auction responses. Percentage pricing indicates that the Strike Price and the Premium are represented in percentage terms of the closing value for the underlying instrument on the trade date. Please click the title for complete details.
January 29, 2020
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Cboe Adds Support for SendTime BOE Input Field to Support CAT Reporting
Effective March 31, 2020, all Cboe-affiliated Options Exchanges will support the SendTime input field for Cancel Order and Purge Orders BOE messages. Please click the title for complete details.
January 28, 2020
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Restricted Clearing Trading Permit Holder OCC Numbers 477 and 549 on Cboe (C1) Options Exchange
Pursuant to Cboe Options Rule 5.10, Clearing Trading Permit Holders may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other TPHs by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more information.
January 27, 2020
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Restricted Clearing Trading Permit Holder OCC Numbers 477 and 549 on C2 Options Exchange
Pursuant to C2 Options Rule 6.30, Clearing Trading Permit Holders may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other TPHs by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more information.
January 27, 2020
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Restricted Clearing Member OCC Numbers 017 and 534 on EDGX Options Exchange
Pursuant to EDGX Options (“EDGX Options” or the “Exchange”) Rule 21.12, Clearing Members (CMs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other Members by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 27, 2020
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Changes to Available Expirations for RUT Options
Effective January 27, 2020, BZX Options, C2 Options and Cboe Options Exchange, will begin offering October 2020 and November 2020, Standard RUT expirations. Please click the title for more details.
January 24, 2020
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Reminder - Decommission of Legacy Physical Connectivity to Cboe Options Exchange and Cboe Futures Exchange
Effective January 31, 2020, Cboe will decommission legacy physical port connectivity to Cboe Options Exchange (Cboe Options) and Cboe Futures Exchange (CFE) in the Equinix NY4 data center, Secaucus, New Jersey. Connectivity to Cboe Options and CFE will remain available from Equinix NY4 through latency equalized physical connections. Please click the title for complete details.
January 23, 2020
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Restricted Clearing Member OCC Numbers 010 and 200 on EDGX Options Exchange
Pursuant to EDGX Options (“EDGX Options” or the “Exchange”) Rule 21.12, Clearing Members (CMs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other Members by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 21, 2020
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Restricted Clearing Trading Permit Holder OCC Numbers 010 and 200 on C2 Options Exchange
Pursuant to C2 Options (“C2 Options” or the “Exchange”) Rule 6.30, Clearing Trading Permit Holders (CTPHs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other TPHs by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 21, 2020
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Update to Trade Condition Values on Cboe and OPRA Data Feeds
Effective January 27, 2020, the Cboe Options Exchange will cease using Trade Condition value ‘i’ and will only send Trade Condition value ‘m’ for complex floor executions both to OPRA and to Cboe Options market data feeds including Multicast PITCH and Multicast TOP.
January 21, 2020
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Restricted Clearing Member OCC Number 671 on EDGX Options Exchange
Pursuant to EDGX Options (“EDGX Options” or the “Exchange”) Rule 21.12, Clearing Members (CMs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other Members by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 21, 2020
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Restricted Clearing Trading Permit Holder OCC Number 671 on C2 Options Exchange
Pursuant to C2 Options (“C2 Options” or the “Exchange”) Rule 6.30, Clearing Trading Permit Holders (CTPHs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other TPHs by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 21, 2020
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Restricted Clearing Member OCC Numbers 161 and 792 on EDGX Options Exchange
Pursuant to EDGX Options (“EDGX Options” or the “Exchange”) Rule 21.12, Clearing Members (CMs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other Members by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 21, 2020
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Restricted Clearing Trading Permit Holder OCC Numbers 161 and 792 on C2 Options Exchange
Pursuant to C2 Options (“C2 Options” or the “Exchange”) Rule 6.30, Clearing Trading Permit Holders (CTPHs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other TPHs by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 21, 2020
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Cboe Options Exchange SPX GTH LMM Solicitation
Effective immediately, Cboe Exchange, Inc. will be accepting applications from interested Trading Permit Holders for the Lead Market-Maker role in the Global Trading Hours session for SPX options (including SPX weekly options). Interested parties must submit application materials to become the SPX GTH LMM no later than 4:00 pm ET on Wednesday January 29, 2020 to Cboe Membership Services. Click the title for complete details.
January 17, 2020
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Restricted Clearing Member OCC Numbers 519, 540, 551, 552 and 598 on EDGX Options Exchange
Pursuant to EDGX Options (“EDGX Options” or the “Exchange”) Rule 21.12, Clearing Members (CMs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other Members by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 17, 2020
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Cboe Options Exchange VIX GTH LMM Solicitation
Cboe Exchange, Inc. will be accepting applications from interested Trading Permit Holders for the Lead Market-Maker role in the Global Trading Hours session for VIX options (including VIX weekly options). Please click the title for complete details.
January 17, 2020
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Restricted Clearing Trading Permit Holder OCC Numbers 519, 540, 551, 552, and 598 on C2 Options Exchange
Pursuant to C2 Options (“C2 Options” or the “Exchange”) Rule 6.30, Clearing Trading Permit Holders (CTPHs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other TPHs by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 17, 2020
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Cboe Adds Support for Solicitation Auction Mechanism (SAM) and Complex SAM (C-SAM) Auctions on EDGX Options Exchange
Effective February 3, 2020, Cboe will add support for Solicitation Auction Mechanism (SAM) and Complex SAM (C-SAM) auctions on the EDGX Options (“EDGX”) Exchange. Please click the title for complete details.
January 17, 2020
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Consolidated Audit Trail (CAT) Reporting on Behalf of Trading Permit Holders (TPHs)
Cboe Options and its affiliated entities that operate PULSe and Silexx intend to make CAT-formatted files available to its TPH groups for orders processed by the TPH group via the PULSe, Silexx, PAR, Clearing Editor, and Trade Entry applications. Interested TPH groups may also choose to have a Cboe Options-affiliated entity (which Cboe Options will identify) (“Cboe CAT Reporter”) submit this data to CAT on behalf of the TPH group. Please click the title for more details.
January 15, 2020
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Update - Cboe Announces New Opening Process for BZX Options Exchange
Effective January 30, 2020, Cboe will eliminate the current Midpoint Uncross Opening Process and implement a Volume Maximizing Imbalance Minimizing (VMIM) algorithm-based price forming Opening Process on the BZX Options Exchange (BZX), subject to regulatory review. Please click the title for complete details.
January 15, 2020
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Restricted Clearing Member OCC Number 443 on EDGX Options Exchange
Pursuant to EDGX Options (“EDGX Options” or the “Exchange”) Rule 21.12, Clearing Members (CMs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other Members by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 15, 2020
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Restricted Clearing Trading Permit Holder OCC Number 443 on C2 Options Exchange
Pursuant to C2 Options (“C2 Options” or the “Exchange”) Rule 6.30, Clearing Trading Permit Holders (CTPHs) may request the Exchange restrict their OCC clearing number(s) from being used for give-up purposes by other TPHs by “Opting In” to the list of restricted give-up firms on the Exchange. Please click the title for more details.
January 15, 2020
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Quarterly Rebalance of Option Class Tiers Reminder
Pursuant to Cboe Options (“Cboe Options” or the “Exchange”) Rule 5.50(g)(1), the Exchange rebalances the option class appointment unit tiers, excluding the “AA” tier, every calendar quarter based on national average daily volume (ADV), which may result in additions or deletions to each tier’s composition. When a class changes tiers, it is assigned the appointment weight of the new tier... Therefore, Monday February 3, 2020 will be the effective date of the 4th Quarter 2020 appointment weight rebalancing. Please click the title for more details.
January 14, 2020
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Cboe Options Exchange to Discontinue Report2Web
Effective April 13, 2020, Cboe Options (C1) will discontinue the Report2Web website and reports will no longer be accessible via the website. Report2Web contains legacy C1 historical billing and trade reports for trading activity to October 7, 2019. Please click the title for more details.
January 13, 2020
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Restrictions on Transactions in Melinta Therapeutics, Inc. (MLNT) on Cboe Options Exchange
Effective January 10, 2020, the above class ceased being a covered security under Section 18 of the securities act of 1933. Please click the title for more details.
January 10, 2020
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Cboe Holiday Reminder – Closed on Monday, January 20, 2020
Cboe U.S. Equities Exchanges (BYX, BZX, EDGA, and EDGX Equities) and the Cboe Options Exchanges (BZX, Cboe, C2, and EDGX Options) will be closed on Monday, January 20, 2020 in observance of the Martin Luther King, Jr. holiday. Please click the title for complete details.
January 10, 2020
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Clearing Member Give Up Authorization for Cboe EDGX Options Exchange
On January 2, 2020, Cboe EDGX Exchange (“Cboe EDGX” or “Exchange”) submitted a rule filing to the Securities and Exchange Commission (“SEC”) to amend its rule governing the process in which a Member “gives up” or selects the Clearing Member (“CM”) responsible for the clearance of an Exchange transaction... Effective January 13, 2020, a CM intending to restrict the give up for one or more of its clearing numbers must “Opt-In” by submitting a completed Clearing Trading Permit Holder/Member Restriction Form (“Restriction Form”)... Please click the title for more details.
January 9, 2020
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Clearing Trading Permit Holder Give Up Authorization for Cboe C2 Options Exchange
On January 2, 2020, Cboe C2 Exchange (“Cboe C2” or “Exchange”) submitted a rule filing to the Securities and Exchange Commission (“SEC”) to amend its rule governing the process in which a Trading Permit Holder (“TPH”) “gives up” or selects the Clearing Trading Permit Holder (“CTPH”) responsible for the clearance of an Exchange transaction... Effective January 13, 2020, a CTPH intending to restrict the give up for one or more of its clearing numbers must “Opt-In” by submitting a completed Clearing Trading Permit Holder/Member Restriction Form (“Restriction Form”)... Please click the title for more details.
January 9, 2020
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Changes to Clearing Editor, Secure Web API Functionality When Updating Capacity from Customer
Effective February 7, 2020, the Clearing Editor will require the user to select a Reason Code when changing the value of the Capacity field on either floor or electronic orders from Customer to any other Capacity. Previously, a Reason Code was not required to change the Capacity value from Customer. Please click the title for complete details.
January 8, 2020
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Update - Harmonization of Cboe and OPRA Trade Condition Field Values
Effective January 13, 2020, all Cboe options exchanges will introduce new and updated values for the Trade Condition field in the Options Multicast PITCH, Complex Multicast PITCH, Multicast TOP, and Complex Multicast TOP market data feeds. These new values align with the new OPRA trade message type identification codes implemented by OPRA on November 4, 2019. Please click the title for complete details.
January 8, 2020
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Reminder - Updates to Opening Process For Non-Index Multilist Options
Effective January 16, 2020 for the EDGX Options Exchange (“EDGX”) and January 17, 2020 for the Cboe Options (“C1”) and C2 Options (“C2”) Exchanges, Cboe will update the opening process for non-index multilist products, pending regulatory approval. Please click the title for complete details.
January 8, 2020
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Changes to Available Expirations for VIX Options
Effective January 9, 2020, Cboe Options will begin offering September 2020, October 2020, and November 2020 standard VIX expirations. Please click the title for more details.
January 6, 2020
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CAT Industry Webinar – CAT 101
On Wednesday, January 8, 2020, at 2:00 p.m. ET, Consolidated Audit Trail, LLC and FINRA CAT, LLC will host an industry webinar entitled “CAT 101”. Please click the title for complete details.
January 3, 2020
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Update - Changes to Standard 3rd Friday Expiration Listings for Equity, ETP, and Index Options on Cboe Options Exchanges
Beginning Thursday, April 16, 2020, the Cboe Options Exchanges will list new replacement standard 3rd Friday monthly expirations for Equity ETP and Index options on the Thursday morning prior to the standard 3rd Friday expiration. Please click title for complete details.
January 3, 2020
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Cboe Announces New Opening Process for BZX Options Exchange
Effective January 30, 2020, Cboe will eliminate the current Midpoint Uncross Opening Process and implement a Volume Maximizing Imbalance Minimizing (VMIM) algorithm-based price forming Opening Process on the BZX Options Exchange (BZX), subject to regulatory review. Please click the title for complete details.
January 3, 2020
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Reminder - Support for FLEX Complex Orders Routed to PAR without Prices on Some or All Legs
Effective January 6, 2020, subject to regulatory review, Cboe Exchange, Inc. (“Cboe Options”) will no longer require prices to be included on all legs of FLEX complex orders routed to PAR. Currently, a price-per-leg (FIX Tag 566) must be included upon entry of a FLEX complex order routed to a PAR workstation. As of the effective date, the price-per-leg will be optional and no longer required on entry of a FLEX complex order routed to PAR. Please click the title for complete details.
January 3, 2020
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Changes to Maximum Composite Width and Opening Collar Width Values on EDGX Options
Effective January 9, 2020, EDGX Options will change the Maximum Composite Width (“MCW”) and Opening Collar Width (“OCW”) values that are applied to all Options Class Category openings. Please click the title for complete details.
January 2, 2020
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Reminder - Restriction of Special Characters for Cboe Equities and Options Exchanges
Effective January 13, 2020, orders submitted to the BZX Equities, BYX Equities, EDGX Equities, EDGA Equities, BZX Options, EDGX Options, Cboe Options, and C2 Options Exchanges will be rejected if they contain the | (pipe), @ (at symbol), and/or “ (double quotation mark) characters in the ClOrdID (FIX Tag 11), ComplianceID, (FIX Tag 376), CrossID (FIX Tag 548), and QuoteUpdateID fields. Please click the title for complete details.
January 2, 2020
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Correction: Cboe Options Exchange Fee Schedule Updates Effective January 2, 2020
Effective Thursday, January 2, 2020, Cboe will introduce the following pricing changes on the Cboe Options Exchange (“C1”), subject to regulatory review. Please click the title for complete details.
December 31, 2019
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2020 Trading Schedule for FTSE 100 Mini-Index Options (UKXM)
Pursuant to Rule 5.1(b)(2)(F), the Exchange may determine to not open for trading options on foreign indexes when the component securities of the foreign index trade in a single country and the component securities are not trading due to a holiday on the applicable foreign exchange(s). Please click the title for more details.
December 31, 2019
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Cboe Options Exchange Fee Schedule Updates Effective January 2, 2020
Effective Thursday, January 2, 2020, Cboe will introduce the following pricing changes on the Cboe Options Exchange (“C1”), subject to regulatory review. Please click the title for complete details.
December 31, 2019
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Update: Penny Pilot Program – Replacement Classes to be added on January 3, 2020
Effective Friday, January 3, 2020, the Cboe Options Exchanges (BZX Options, Cboe Options Exchange, C2 Options, and EDGX Options) will replace three delisted issues in the Penny Pilot with the next most active, multiply-listed issues not yet in the Penny Pilot Program. Please click the title for more details.
December 27, 2019
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Reminder - Decommission of Legacy Physical Connectivity to Cboe Options Exchange and Cboe Futures Exchange
Effective January 31, 2020, Cboe will decommission legacy physical port connectivity to Cboe Options Exchange (Cboe Options) and Cboe Futures Exchange (CFE) in the Equinix NY4 data center, Secaucus, New Jersey. Please click the title for complete details.
December 23, 2019
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Restrictions on Transactions in Carbo Ceramics, Inc. (CRR) on Cboe Options Exchange
Effective December 23, 2019, the above class ceased being a covered security under Section 18 of the securities act of 1933.
December 22, 2019
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Restrictions on Transactions in Hornbeck Offshore Services, Inc. (HOSS) on Cboe Options Exchange
Effective December 23, 2019, the above class moved its listing to the Other-OTC Market.
December 22, 2019
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Update - Harmonization of Cboe and OPRA Trade Condition Field Values
Effective January 13, 2020, all Cboe options exchanges will introduce new and updated values for the Trade Condition field in the Options Multicast PITCH, Complex Multicast PITCH, Multicast TOP, and Complex Multicast TOP market data feeds. Please click the title for complete details.
December 19, 2019
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Updates to Opening Process For Non-Index Multilist Options
Effective January 16, 2020 for the EDGX Options Exchange (“EDGX”) and January 17, 2020 for the Cboe Options (“C1”) and C2 Options (“C2”) Exchanges, Cboe will update the opening process for non-index multilist products, pending regulatory approval. Please click the title for complete details.
December 18, 2019
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Cboe Trader E-News for Friday, December 13, 2019
December 13, 2019
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Support for FLEX Complex Orders Routed to PAR without Prices on Some or All Legs Postponed Until January 6, 2020
Support for FLEX complex orders routed to PAR without prices on some or all legs has been postponed until January 6, 2020, pending regulatory approval. Please click the title for complete details.
December 13, 2019
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Cboe Operations Support Center E-mail Address Change
Effective December 20, 2019, Cboe Options will decommission and replace the e-mail addresses contained in this notice. Please click the title for complete details.
December 13, 2019
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Reminder - Sunset of Partial Post Only At Limit Routing Instruction for BZX Options Exchange
Effective December 16, 2019, the BZX Options Exchange will no longer support the Partial Post Only at Limit routing instruction. Please click the title for complete details.
December 13, 2019
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Penny Pilot Program – Replacement Class to be added on January 3, 2020
Effective Friday, January 3, 2020, the Cboe Options Exchanges will replace a delisted issue in the Penny Pilot. Please click the title for more details.
December 13, 2019
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OCC Clearing Number 038 Terminated on Cboe Options Exchange
Please be advised that RBC Capital Markets LLC, OCC Clearing #038, has terminated as a valid Clearing Number for trade executions on the Cboe Options Exchange. Please click the title for complete details.
December 12, 2019
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Cboe Options Exchange MXEA - MXEF LMM Solicitation
Cboe Exchange, Inc. will be accepting applications from interested Trading Permit Holders for the Lead Market-Maker role in the Regular Trading Hours session for MXEA and MXEF options. Please click the title for complete details.
December 11, 2019
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Cboe Global Markets to Acquire EuroCCP
Cboe has entered into a definitive agreement to acquire EuroCCP, a leading pan-European equities clearing house. The press release regarding this news was released early this morning, ahead of the European market open and is available here. Please click the title for complete details.
December 10, 2019
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Support for FLEX Complex Orders Routed to PAR without Prices on Some or All Legs
Effective December 16, 2019, subject to regulatory review, Cboe Exchange, Inc. (“Cboe Options”) will no longer require prices to be included on all legs of FLEX complex orders routed to PAR. Please click the title for complete details.
December 9, 2019
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Update – Postponement - Cboe Options Exchange Adds Support for As of Date on Drop Copy Execution Report Messages for Floor Trades
Effective Tuesday, December 10, 2019, Execution Report messages sent on a drop copy port will include the ‘As of’ date for floor orders entered via the Trade Entry tool when the Trade Date is prior to the current trading day. The ‘As of’ date entered will be provided in the TradeDate (FIX Tag 75) field. Please click the title for complete details.
December 6, 2019
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Reminder - Cboe Announces Updates to VIX Options Opening Trigger for the Regular Trading Hours Session
Effective December 9, 2019, VIX options will open using a time-based Opening Trigger for the Regular Trading Hours (“RTH”) session on the Cboe Options (C1) Exchange, subject to regulatory review. Please click the title for complete details.
December 6, 2019
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Reminder: Cboe Equities and Options Exchanges Market-Wide Circuit Breaker Testing Opportunity on Saturday, December 7, 2019
In coordination with other market participants, Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will participate in a Market-Wide Circuit Breaker (MWCB) Level 1 and 2 test on Saturday, December 7, 2019. Please click the title for complete details.
December 5, 2019
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Reminder - Transport Layer Security Minimum Version Requirement
Effective Saturday, December 7, 2019, Cboe will begin enforcing a new requirement for U.S. equities, options and futures customers that utilize Cboe’s Customer Web Portal including the associated Secure Web API. As of the effective date, the minimum version of the Transport Layer Security (“TLS”) protocol which will be supported will be version 1.2. Please click the title for complete details.
December 4, 2019
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Sunset of Partial Post Only At Limit Routing Instruction for BZX Options Exchange
Effective December 16, 2019, the BZX Options Exchange will no longer support the Partial Post Only at Limit routing instruction. Please click the title for complete details.
December 3, 2019
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Restricted Clearing Trading Permit Holder OCC Number 671
The Exchange would like to inform TPHs that Merrill Lynch, Pierce, Fenner & Smith Inc. has restricted its OCC Clearing Number 671, effective January 21, 2020. Please click the title for more details.
December 2, 2019
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Restricted Clearing Trading Permit Holder OCC Numbers 161, 792
The Exchange would like to inform TPHs that BofA Securities, Inc. has restricted its OCC Clearing Number(s) 161 and 792, effective January 21, 2020. Please click the title for more details.
December 2, 2019
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Corrected - Cboe Options Exchange Fee Schedule Updates Effective December 2, 2019
Effective Monday, December 2, 2019, Cboe will introduce the following pricing changes on the Cboe Options Exchange (“C1”), subject to regulatory review. Please click the title for complete details.
November 29, 2019
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Cboe Options Exchange Fee Schedule Updates Effective December 2, 2019
Effective Monday, December 2, 2019, Cboe will introduce the following pricing changes on the Cboe Options Exchange (“C1”), subject to regulatory review. Please click the title for complete details.
November 29, 2019
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Adjustment to Series Open Requirements for Options Exchanges
Effective December 5, 2019, Cboe will adjust the requirements for a series to open under wide quote conditions on the EDGX Options (“EDGX”) Exchange. Effective December 6, 2019, the same adjustments will be made on the Cboe Options (“C1”) and C2 Options (“C2”) Exchanges. Implementation of this functionality is subject to regulatory approval. Please click the title for complete details.
November 27, 2019
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Early Dissemination of End of Month Indicative Prices on November 29, 2019
As detailed in a previous Exchange notice, Cboe Options Exchange (“C1”) calculates indicative end-of-day prices based on the 3:00 p.m. CT BBO for all SPX and SPXW options. The indicative prices may be disseminated to OPRA following the close of trading each day, including on the final trading day of each month, and include an ‘I’ message type indicator, which distinguishes them as “indicative” prices. Dissemination generally takes place by 3:40 p.m. CT. Please click the title for complete details.
November 27, 2019
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Cboe Options Exchange SPX GTH LMM Solicitation
Cboe Exchange, Inc. (“Cboe Options”) will be accepting applications from interested Trading Permit Holders for the Lead Market-Maker (“LMM”) role in the Global Trading Hours (“GTH”) session for SPX options (including SPX weekly options). Please click the title for complete details.
November 22, 2019
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Elimination of Fat Finger Protection for Stop Limit Orders on Options Exchanges
Effective December 2, 2019, Cboe Global Markets will eliminate the application of Fat Finger Protection for Stop Limit Orders on the EDGX Options (“EDGX”) Exchange. Effective December 3, 2019, Cboe Global Markets will eliminate the application of Fat Finger Protection for Stop Limit Orders on the BZX Options (“BZX”), Cboe Options (“C1”), and C2 Options (“C2”) Exchanges. Please click the title for complete details.
November 22, 2019
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Cboe Options Exchange Adds Support for As of Date on Drop Copy Execution Report Messages for Floor Trades
Effective Monday, December 9, 2019, Execution Report messages sent on a drop copy port will include the As of date for floor orders entered via the Trade Entry tool when the Trade Date is prior to the current trading day. The As of date entered will be provided in the TradeDate (FIX Tag 75) field. Please click the title for complete details.
November 21, 2019
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Addition of ORS/CORS Information on Trade Detail File and Trade Data Report
Effective Monday, December 2, 2019, a new column heading labeled “ORS/CORS” will appear in the daily Trade Data Report downloaded from the Cboe Customer Web Portal. Please click the title for complete details.
November 21, 2019
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Cboe Disaster Recovery Data Center Migration for C2 Options and CFE in July 2020
As previously announced, Cboe plans to move out of 400 S. La Salle in Chicago over the next two years. In preparation for this move, please be advised that in July 2020 the Disaster Recovery (“DR”) environments for both C2 Options Exchange (“C2 Options”) and Cboe Futures Exchange (“CFE”) will be relocated from 400 S. La Salle (Chicago) to reside at 350 Cermak (Chicago) with our other equities and options DR platforms. Please click the title for complete details.
November 20, 2019
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Restrictions on Transactions in SandRidge Mississippian Trust I (SDT) on Cboe Options Exchange
Effective November 19, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for more details.
November 18, 2019
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Cboe Announces Update to VIX Options Opening Trigger for the Regular Trading Hours Session
Effective December 9, 2019, VIX options will open using a time-based Opening Trigger for the Regular Trading Hours (“RTH”) session on the Cboe Options (“C1”) Exchange, subject to regulatory review. Please click the title for complete details.
November 15, 2019
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Update to Cboe Options Exchange Daily Month-to-Date Fee Detail File
Effective November 25, 2019, a new column, Order ID, will be added to the Daily Month-to-Date Fee Detail File. Please click the title for complete details.
November 15, 2019
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Changes to Standard 3rd Friday Expiration Listings for Equity and ETP Options on Cboe Options Exchanges
Effective Thursday, January 16, 2020, the Cboe Options Exchanges will begin to list new standard 3rd Friday expiration replacements for Equity and ETP options on the Thursday prior to the near-term standard 3rd Friday expiration. Please click the title for more details.
November 15, 2019
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Changes to Standard 3rd Friday Expiration Listings for Equity and ETP Options on Cboe Options Exchanges
Effective Thursday, January 16, 2020, the Cboe Options Exchanges will begin to list new standard 3rd Friday expiration replacements for Equity and ETP options on the Thursday prior to the near-term standard 3rd Friday expiration. Please click the title for more details.
November 15, 2019
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Cboe Holiday Reminder – Closed on Thursday, November 28, 2019 and Closing Early on Friday, November 29, 2019
This notice sets forth the modified trading schedules for the Cboe Options Exchanges (Cboe, C2, BZX and EDGX Options), and the Cboe U.S. Equity Exchanges (BYX, BZX, EDGA and EDGX Equities) in observance of the Thanksgiving holiday on November 28, 2019. Please click the title for complete details.
November 15, 2019
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Cboe Announces Sunset of Global Trading Hours Sessions for C2 and EDGX Options Exchanges
Effective November 22, 2019, Cboe will sunset Global Trading Hours (GTH) sessions for C2 Options (C2) and EDGX Options (EDGX) Exchanges. Please click the title for complete details.
November 12, 2019
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Restrictions on Transactions in SandRidge Mississippian Trust II (SDRMU) on Cboe Options Exchange
Effective November 12, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for more details.
November 12, 2019
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Cboe Options Exchange VIX GTH LMM Solicitation
Cboe Exchange, Inc. (“Cboe Options”) will be accepting applications from interested Trading Permit Holders for the Lead Market-Maker (“LMM”) role in the Global Trading Hours (“GTH”) session for VIX options (including VIX weekly options).
Cboe Options intends to select one candidate to serve as the VIX GTH LMM from November 18, 2019 through January 31, 2020, considering various factors including those set forth in Cboe Options Rule 3.55. Please click the title for more details.
November 12, 2019
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Correction - Restriction of Special Characters for Cboe Equities and Options Exchanges
Effective January 13, 2020, orders submitted to the BZX Equities, BYX Equities, EDGX Equities, EDGA Equities, BZX Options, EDGX Options, Cboe Options, and C2 Options Exchanges will be rejected if they contain the | (pipe), @ ('at' symbol), and/or “ (double quotation mark) characters in the ClOrdID (FIX Tag 11), ComplianceID, (FIX Tag 376), CrossID (FIX Tag 548), and QuoteUpdateID fields. Please click the title for complete details.
November 7, 2019
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Restriction of Special Characters for Cboe Equities and Options Exchanges
Effective January 13, 2020, orders submitted to the BZX Equities, BYX Equities, EDGX Equities, EDGA Equities, BZX Options, EDGX Options, Cboe Options, and C2 Options Exchanges will be rejected if they contain the | (pipe), @ (ampersand), and/or “ (double quotation mark) characters in the ClOrdID (FIX Tag 11), ComplianceID, (FIX Tag 376), CrossID (FIX Tag 548), and QuoteUpdateID fields. Please click the title for complete details.
November 7, 2019
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Creation of AIM and SAM Orders on the PULSe Application
This notice provides detail regarding functional changes in AIM and SAM order creation on the PULSe application which went into effect October 7, 2019 upon the migration of the Cboe Options Exchange (“Cboe Options”) onto the Bats technology platform. Please click the title for more details.
November 6, 2019
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Harmonization of Cboe and OPRA Trade Condition Field Values
Effective January 13, 2020, all Cboe options exchanges will introduce new and updated values for the Trade Condition field in the Options Multicast PITCH, Complex Multicast PITCH, Multicast TOP, and Complex Multicast TOP market data feeds. These new values align with the new OPRA trade message type identification codes being implemented by OPRA on November 4, 2019. Please click the title for complete details.
October 31, 2019
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Addition of Account and Total Surcharges Information on Trade Detail File and Trade Data Report
Effective November 11, 2019, two new fields, Account and Total Surcharges, will appear in the daily Trade Data Report downloaded from the Cboe Customer Web Portal. The Total Surcharge heading will appear on the Trade Data file but will not be populated with a value. The Trade Data Report and Trade Detail File headings are purposefully synchronized. Therefore, the first time these two column headings will be visible in the monthly Trade Detail File will be December 1, 2019. Please click the title for complete details.
October 30, 2019
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Restricted Clearing Trading Permit Holder OCC Numbers 365
The Exchange would like to inform TPHs that Wolverine Execution Services LLC has restricted its OCC Clearing Number 365, effective January 23, 2020. Please click the title for more details.
October 29, 2019
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Restricted Clearing Trading Permit Holder OCC Numbers 010, 200
The Exchange would like to inform TPHs that Goldman Sachs & Co., LLC has restricted its OCC Clearing Number(s) 010 and 200, effective December 26, 2019. Please click the title for more details.
October 28, 2019
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Restricted Clearing Trading Permit Holder OCC Numbers 555,879
The Exchange would like to inform TPHs that ED&F Man Capital Markets Inc. has restricted its OCC Clearing Number(s) 555 and 879, effective January 13, 2020. Please click the title for more details.
October 25, 2019
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Reminder - 2019 SIFMA/FIA and Regulation SCI BCP/DR Test – Saturday October 26, 2019
In coordination with other market centers, as part of the annual SIFMA/FIA industry test and in support of Regulation Systems Compliance and Integrity (SCI) requirements, Cboe will host its annual BCP/DR test on Saturday, October 26, 2019. Please click the title for complete details.
October 24, 2019
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Changes to Available Weekly Expirations for SPX Options
Effective October 31, 2019, in addition to the regularly scheduled expiry rollout, Cboe Options will begin offering the March 6, 2020 SPX Weekly (option symbol: SPXW) expiration. Please click the title for more details.
October 24, 2019
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Restricted Clearing Trading Permit Holder OCC Numbers
The Exchange would like to inform Trading Permit Holders that Pershing LLC has restricted its OCC Clearing Number 443, effective November 4, 2019. As of that date, any TPH not approved by Pershing LLC will no longer be able to use OCC Number 443 as a Give-Up. Please click the title for more details.
October 24, 2019
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Quarterly Rebalance of Option Class Tiers Reminder
Pursuant to Cboe Options (“Cboe Options” or the “Exchange”) Rule 5.50(g)(1), the Exchange rebalances the option class appointment unit tiers, excluding the “AA” tier, every calendar quarter based on national average daily volume (ADV), which may result in additions or deletions to each tier’s composition. When a class changes tiers, it is assigned the appointment weight of the new tier. Each tier rebalancing takes effect on the first business day of the second calendar month following the end of the calendar quarter (i.e. the rebalancing using 3rd quarter 2019 data takes effect the first business day of November 2019). Therefore, Friday November 1, 2019 will be the effective date of the 3rd Quarter 2019 appointment weight rebalancing. Please click the title for complete details.
October 22, 2019
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Update to Auction Response Time Intervals for Cboe Options Exchanges
Effective October 25, 2019 the Response Time Interval for various auction mechanisms on Cboe Options, C2 Options (“C2”), and EDGX Options (“EDGX”) will be updated. Please click the title for complete details.
October 21, 2019
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Decommission of Legacy Physical Connectivity to Cboe Options Exchange and Cboe Futures Exchange
Effective January 31, 2020, Cboe will decommission legacy physical port connectivity to Cboe Options Exchange (Cboe Options) and Cboe Futures Exchange (CFE) in the Equinix NY4 data center, Secaucus, New Jersey. Connectivity to Cboe Options and CFE will remain available from Equinix NY4 through latency equalized physical connections. Please click the title for complete details.
October 18, 2019
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Updated VIX Index Website Materials
Upon migration to Bats technology, Cboe Exchange, Inc. (Cboe Options) amended the modified opening auction process used in connection with calculating the final settlement value of Cboe Volatility Index (VIX Index) options (listed on Cboe Options) and futures (listed on Cboe Futures Exchange, LLC (CFE)). As a result, Cboe updated the previous VIX Index FAQs and related Cboe website materials about the VIX Index, derivatives listed on the VIX Index, special opening quotation (SOQ) auction information, and additional information and resources. Please click the title for complete details.
October 14, 2019
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Restrictions on Transactions in Revolution Lighting Technologies Inc. (RVLT) on Cboe Options Exchange
Effective October 14, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
October 14, 2019
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Updates to Minimum Price Checks for Roll Spreads and for VIX, SPX, and SPXW Calendar Spreads
Effective immediately on the Cboe Options Exchange, the minimum price check for roll spread orders has been updated to -$999,999.99 for all product classes. Please click the title for complete details.
October 11, 2019
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Notice Regarding Cboe Connectivity Services Agreement and Extranet Addendum
In connection with the migration of Cboe Exchange, Inc. (“Cboe Options”) to the Bats technology platform on October 7, 2019, the Connectivity Services Agreement and the Extranet Addendum to the Connectivity Services Agreement (collectively, the “Agreement”) has been (1) partially assigned to Cboe Options and (2) subsequently amended. Please click the title for complete details.
October 10, 2019
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Fraudulent Website Alert
Cboe recently learned of a website – “cboetradeassets.com” – through which an entity purportedly named “Cboetradeassets Limited” is soliciting investors. Please be warned that any entity or person associated with this website are NOT connected or affiliated in any way with Cboe or any of its affiliates. Any assertion of such a connection or affiliation is false and misleading.
October 10, 2019
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Restrictions on Transactions in Novelion Therapeutics Inc. (NVLNF) on Cboe Options Exchange
Effective October 9, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
October 9, 2019
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Transport Layer Security Minimum Version Requirement Effective December 7, 2019
Please be advised that Cboe has rescheduled the effective date in which the use of a minimum version of TLS 1.2 or higher (previously announced) will be enforced. Please click the title for complete details.
October 9, 2019
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Cboe Successful C1 Migration: Thank You
We are pleased to announce the successful migration of Cboe Options Exchange (C1) to our proprietary Bats technology. The C1 migration was the final step in Cboe’s multi-exchange, multi-year technology integration, which unites our options, futures, U.S. equities and European equities markets on one state-of-the-art trading platform. Please click the title for complete details.
October 8, 2019
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AdvisorShares New Tech and Media ETF (FNG) on Cboe Options Exchange
Effective October 07, 2019, the above class ceased being a covered security under Section 18 of the securities act of 1933. Please click the title for complete details.
October 8, 2019
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Cboe Options Exchange Risk Limit Settings Specific to the Volatility Opening Process
Cboe Global Markets would like to thank all Cboe Options Exchange (Cboe Options) Trading Permit Holders (TPHs) who have worked with us to prepare for our technology migration. The first volatility derivatives settlement will be on Wednesday, October 9, 2019. Please click the title for complete details.
October 8, 2019
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Cboe Options Exchange Fee Schedule Updates Effective October 1, 2019 and October 7, 2019
Effective Tuesday, October 1, 2019 and Monday, October 7, 2019, Cboe will introduce the following pricing changes on the Cboe Options Exchange, subject to regulatory review. Please click the title for complete details.
October 1, 2019
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Cboe Options Exchanges Regulatory Fee Update Effective October 1, 2019
Effective October 1, 2019, Cboe Global Markets will make updates to the Options Regulatory Fees (“ORF”) on the Cboe Options, C2 Options, and EDGX Options Exchanges as a result of the SEC issuing for each exchange an Order Instituting Proceedings suspending the August ORF changes. Please click the title for complete details.
September 30, 2019
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Final Cboe Integration Weekend Test – Saturday, October 5, 2019
In preparation for the migration of Cboe Options Exchange (“C1”) to Bats technology, Cboe will host the final weekend test on Saturday, October 5, 2019. All TPHs with a floor presence are required to participate in this final production readiness weekend test. Please click the title for complete details.
September 30, 2019
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Superior Energy Services, Inc. (SPNV) on Cboe Options Exchange
Effective September 30, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
September 27, 2019
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Additional Cboe Town Hall on FLEX Trading on the New Cboe Options Exchange Platform
Cboe will host an additional video Town Hall to provide details regarding trading FLEX instruments on the new Cboe Options Exchange technology platform, scheduled for October 7, 2019, pending regulatory approval. Firms interested in trading FLEX options on the Cboe Options Exchange who were not able to join the town hall held on September 26 are strongly encouraged to attend. If not able to attend in person, participants may connect to the meeting using the information included below. Please click the title for complete details.
September 27, 2019
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Harmonization of Cboe Options Obvious Error and Voluntary Request Procedures
Cboe Options Obvious Error and Voluntary Request procedures for Cboe Options (“C1”) will be harmonized with the current procedures for BZX Options (“BZX”), C2 Options (“C2”) and EDGX Options (“EDGX”) effective October 7, 2019, subject to regulatory review, upon the completed migration of C1 Options to Bats technology. Please click the title for complete details.
September 27, 2019
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Restrictions on Transactions in USA Technologies Inc. (USAT) on Cboe Options Exchange
Effective September 26, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
September 26, 2019
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Reminder - Cboe Announces Harmonization of Quoting Obligations and Market Maker Registration/Class Appointments for BZX Options Exchange
Effective October 1, 2019, Cboe Global Markets will introduce harmonized Market Maker quoting obligations on the BZX Options ("BZX") Exchange. Additionally, updated registration/class appointment procedures on BZX will be implemented. These enhancements align with those made to the EDGX Options and C2 Options Exchanges in May 2019. Please click the title for complete details.
September 26, 2019
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SPX and VIX Electronic Allocation Changes Upon Technology Migration
In conjunction with the Cboe Options Exchange (“C1”) technology migration, effective October 7, 2019 pending regulatory approval, certain Cboe Options product configurations are being updated. Please click the title for complete details.
September 25, 2019
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Changes to Available Expirations for SPX Options
Effective September 27, 2019, Cboe Options will begin offering October 2020 and November 2020 Standard Third Friday SPX AM-settled (SPX) expirations. The aforementioned expiries were originally scheduled to be listed in April 2020 and May 2020, respectively. Please click the title for complete details.
September 25, 2019
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Cboe Town Hall on FLEX Trading on the New Cboe Options Exchange Platform
Cboe will host a video Town Hall to provide details regarding trading FLEX instruments on the new Cboe Options technology platform, which is scheduled for October 7, 2019, pending regulatory approval. All firms interested in trading FLEX options on Cboe are strongly encouraged to attend. If not able to attend in person, participants may connect to the meeting using the information included below. Please click the title for complete details.
September 25, 2019
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Trading of FLEX Options on Cboe Options Exchange
Upon migration to the Bats technology platform on October 7, 2019, pending regulatory approval, Cboe Options Exchange (Cboe Options) will introduce new functionality and procedures for electronic and open outcry processing of FLEX option orders via AIM, SAM, single-sided electronic auctions, and PAR (for open outcry handling). These features will better align functionality and procedures for FLEX options with those for non-FLEX options. Please click the title for complete details.
September 25, 2019
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Cboe Options Exchange Announces Trade Detail, Trade Data, and FIX DROP Tag Update
Effective October 1, 2019, an additional field, Initial Client Order ID, will be available in Trade Detail and Trade Data Reports downloaded from the Cboe Customer Web Portal and issued monthly. Please click the title for complete details.
September 23, 2019
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Important Cboe Options Exchange Migration Update
Cboe Options Exchange (“C1”) is pleased to announce the migration to Bats technology remains on track for October 7, 2019, subject to regulatory review and approval. This notice highlights important updates. Please click the title for complete details.
September 23, 2019
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Important Cboe Options Exchange Migration Update
Cboe Options Exchange (“C1”) is pleased to announce the migration to Bats technology remains on track for October 7, 2019, subject to regulatory review and approval. This notice highlights important updates. Please click the title for complete details.
September 23, 2019
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Cboe Integration Weekend Disaster Recovery Functional Test – Saturday, September 28, 2019
In preparation for the migration of Cboe Options Exchange (“C1”) to Bats technology, Cboe will host the fifth of six weekend tests on Saturday, September 28, 2019. The weekend test conducted on September 28, 2019 will be a functional Disaster Recovery (DR) data center test. This test will allow firms with Reg SCI DR testing requirements for C1 an opportunity to perform a functional pre-test before the October 26, 2019 Reg SCI test. Please click the title for complete details.
September 20, 2019
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PULSe Trader Workstation Enhancement Release 5.5.0
Beginning the week of September 23, 2019, Cboe Options Exchange (“Cboe Options”) will rollout a new software version for the PULSe Trader Workstation. PULSe users will be notified in advance of the rollout to their specific terminals. Please click the title for complete details.
September 18, 2019
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Penny Pilot Program – Replacement Classes to Be Added on October 2, 2019
Effective Wednesday, October 2, 2019, the Cboe Options Exchanges (BZX Options, Cboe Options, C2 Options, and EDGX Options) will replace delisted issues in the Penny Pilot with the next most active, multiply-listed issues not yet in the Penny Pilot Program. Please click the title for more details.
September 13, 2019
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Additional Town Halls on New Cboe Trading Platform Topics
Cboe will host two additional Town Hall meetings to provide details regarding topics related to the Cboe technology platform change scheduled for October 7, 2019, pending regulatory approval. Cboe Floor Broker groups and Market-Maker firms and their compliance officers are strongly encouraged to attend. If not able to attend in person, participants may connect to the meeting using the information included below. Please click the title for complete details.
September 13, 2019
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Reminder - Cboe Integration Weekend Test – Saturday, September 14, 2019
In preparation for the migration of Cboe Options Exchange (“C1”) to Bats technology, Cboe will host the fourth of six weekend tests on Saturday, September 14, 2019. Please click the title for complete details.
September 11, 2019
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Market Data Peak Statistics Now Available on Cboe Customer Web Portal for Cboe Global Markets Equities, Futures, and Options Exchanges
Cboe Global Markets is pleased to announce that, effective immediately, Members will be able to download files that capture market data peak statistics. Files are available via the Cboe Customer Web Portal for the Cboe Equities One Feed, Cboe BYX Equities, BZX Equities, EDGA Equities, EDGX Equities, BZX Options, C2 Options, and EDGX Options Exchanges, as well as the Cboe Futures Exchange, LLC (CFE). Files will also be made available for the new Cboe Options Exchange platform soon after the October 7, 2019 migration, pending regulatory approval. Please click the title for complete details.
September 10, 2019
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Restrictions on Transactions in ChinaCache International Holdings Ltd. (CCIHY) on Cboe Options Exchange
Effective September 6, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
September 6, 2019
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Cboe Announces Harmonization of Quoting Obligations and Market Maker Registration/Class Appointments for BZX Options Exchange
Effective October 1, 2019, Cboe Global Markets will introduce harmonized Market Maker quoting obligations on the BZX Options ("BZX") Exchange. Additionally, updated registration/class appointment procedures on BZX will be implemented. These enhancements align with those made to the EDGX Options and C2 Options Exchanges in May 2019. Please click the title for complete details.
September 6, 2019
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Cboe Options Addition of Clearing Optional Data Column to Trade Detail File and Trade Data Report
Effective October 1, 2019, all Trade Detail files downloaded from the Cboe Customer Web Portal and issued monthly will contain a new field. This change aligns with an identical field addition that will be made to the daily Trade Data Report. This new field is Clearing Optional Data. On the effective date, this column header will be visible in BZX Options (“BZX”), C2 Options (“C2”), and EDGX Options (“EDGX”) files, and could be populated with values depending on what is sent on each order in this field. Please click the title for complete details.
September 6, 2019
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Cboe Integration Weekend Test – Saturday, September 14, 2019
In preparation for the migration of Cboe Options Exchange (“C1”) to Bats technology, Cboe will host the fourth of six weekend tests on Saturday, September 14, 2019. Please click the title for complete details.
September 6, 2019
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Restrictions on Transactions in Seadrill Partners LLC (SDLPF) on Cboe Options Exchange
Effective September 5, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
September 5, 2019
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Cboe Options Exchange Integration Billing and Fee Updates
Upon the migration of the Cboe Options Exchange (“C1”) to Bats technology on October 7, 2019, subject to regulatory review, Cboe Global Markets will introduce the following billing, billing report, and pricing changes. Please click the title for complete details.
September 4, 2019
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Restrictions on Transactions in Nobilis Health Corp. (HLTH) on Cboe Options Exchange
Effective September 3, 2019, the above class ceased being a covered security under Section 18 of the securities act of 1933. Please click the title for complete details.
September 3, 2019
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Reminder - Cboe Options Exchange (C1) Technology Integration Update Conference Call on September 5, 2019
Cboe will conduct a technology integration conference call at 11:30 a.m. CT on Thursday, September 5, 2019 to update customers regarding the migration of the Cboe Options Exchange (“C1”) trading platform to Bats technology. Details regarding Cboe’s data center strategy, the integration timeline, and key milestone dates as well as additional information will be provided during the call. Please click the title for complete details.
September 3, 2019
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Cboe Town Halls on New Cboe Trading Platform Topics
Cboe will host two Town Hall meetings to provide details regarding topics related to the Cboe technology platform change scheduled for October 7, 2019 (pending regulatory approval). Cboe Floor Broker groups and Market-Maker firms and their compliance officers are strongly encouraged to attend. If not able to attend in person, participants may connect to the meeting using the information included below. Please click the title for complete details.
September 3, 2019
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Cboe EDGX Options Exchange Fee Schedule Updates Effective September 3, 2019
Effective Tuesday, September 3, 2019, Cboe will introduce the following pricing changes on the EDGX Options Exchange, subject to regulatory review. Please click the title for complete details.
August 30, 2019
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Cboe Options Weekend Testing Schedule for OPRA Trade Message Code Update
Effective Monday, November 4, 2019, OPRA will support a new selection of message type identification codes (Category ‘a’ , Equity and Index Last Sale). In coordination with other market participants, Cboe BZX Options Exchange, Cboe C2 Options Exchange, Cboe EDGX Options Exchange, and the Cboe Options Exchange operating on Bats Technology will conduct testing of the updated OPRA trade message type identification codes for OPRA trade category messages. Please click the title for complete details.
August 28, 2019
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Update - Cboe Town Hall on New Cboe Trading Platform Topics
The following is an update to the Trade Desk Notice distributed on 8/26/19.
Cboe will host a Town Hall meeting to provide details regarding topics related to the Cboe technology platform change scheduled for October 7, 2019 (pending regulatory approval). Cboe Floor Broker groups and Market-Maker firms with a floor presence and their compliance officers are strongly encouraged to attend. Please click the title for complete details.
August 27, 2019
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Retirement of SPX/SPXW End-Of-Month Closing Rotation and Introduction of End-Of-Day Final Indicative Price Files
In conjunction with migration to the Bats technology platform which will take place on October 7, 2019 pending regulatory approval, the Cboe Options Exchange (“Cboe” or “the Exchange”) will cease end-of-month closing rotations for SPX/SPXW options. Additionally, the Exchange will introduce final indicative price files for each trading day, including the last trading day of the month. These files will be made available to all participants at no charge via the Cboe website and will generally be available by 3:30 p.m. CT each trading day. Please click the link for complete details.
August 27, 2019
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Cboe Town Halls on New Cboe Trading Platform Topics
Cboe will host three Town Hall meetings to provide details regarding topics related to the Cboe technology platform change scheduled for October 7, 2019 (pending regulatory approval). Cboe Floor Broker groups and Market-Maker firms with a floor presence and their compliance officers are strongly encouraged to attend. Please click the title for complete details.
August 26, 2019
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Important Cboe Options Exchange Migration Update
Cboe Options Exchange (“C1”) is pleased to announce the migration to Bats technology remains on track for October 7, 2019, subject to regulatory review and approval. In the following sections, important updates are highlighted. Please click the title for complete details.
August 26, 2019
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Cboe Holiday Reminder – Closed on Monday, September 2, 2019 for Labor Day Holiday
BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, BZX Options Exchange, Cboe Options Exchange, C2 Options Exchange, and EDGX Options Exchange will be closed on Monday, September 2, 2019 in observance of Labor Day. Normal trading will resume Tuesday, September 3, 2019. Please click the title for complete details.
August 20, 2019
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Cboe Options Exchange Trade Detail File and Trade Data Report Update
Effective September 1, 2019, all Trade Detail files downloaded from the Cboe Customer Web Portal and issued monthly will contain four additional fields. This change aligns with identical field additions that will be made to the daily Trade Data Report. These new fields are Frequent Trader ID, Strategy ID, Compression Trade, and Names Later ID. On the effective date, these column headers will be visible in BZX Options (“BZX”), C2 Options (“C2”), and EDGX Options (“EDGX”) files, but will not be populated with values. Please click the title for complete details.
August 20, 2019
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Cboe Options Exchange Access and Capacity Fee Schedule Changes Effective October 1, 2019 and November 1, 2019
Effective October 1, 2019 and November 1, 2019, subject to regulatory review, the Cboe Global Markets Fee Schedule for the Cboe Options Exchange (“C1”) will be amended as described below. As a note, the fees outlined in this notice represent the access and capacity fees that are changing as part of the C1 migration. Access and capacity fees that are not changing as part of the migration are not shown within the notice. Please click the title for complete details.
August 19, 2019
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PULSe Trader Workstation Enhancement Release 5.4.0
Beginning the week of August 19, 2019, Cboe Options Exchange (“Cboe Options”) will roll out a new software version for the PULSe Trader Workstation. PULSe users will be notified in advance of the rollout to their specific terminals. Please click the title for more details.
August 16, 2019
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Updates to Multicast Rendezvous Points for Cboe Options 5G-Shaped Multicast PITCH Data Feed
Effective August 23, 2019, for the Cboe Options Exchange (“C1”) operating in pre-production on Bats technology, the Primary Data Center A and B feed rendezvous points will be updated for the Options 5G-Shaped Multicast PITCH feed. No changes are being made to existing production C1 multicast parameters. Please click the title for complete details.
August 16, 2019
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Cboe Options Exchange (C1) Technology Integration Update Conference Call on September 5, 2019
Cboe will conduct a technology integration conference call at 11:30 a.m. CT on Thursday, September 5, 2019 to update customers regarding the migration of the Cboe Options Exchange (“C1”) trading platform to Bats technology. Details regarding Cboe’s data center strategy, the integration timeline, and key milestone dates as well as additional information will be provided during the call. Please click the title for complete details.
August 16, 2019
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Cboe Integration Weekend Test – Saturday, August 24, 2019
In preparation for the migration of Cboe Options Exchange (“C1”) to Bats technology, Cboe will host the third of six weekend tests on Saturday, August 24, 2019. Please click the title for complete details.
August 16, 2019
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Enhancements to Priority Fill Order for Complex Orders on EDGX Options Exchange
Effective Thursday August 22, 2019 Cboe Global Markets will implement changes to the priority applied to filling complex orders on EDGX Options Exchange (“EDGX Options”). Please click the title for complete details.
August 14, 2019
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Corrected Closing Settlement Values for certain S&P Indices - Update
As announced previously, S&P DJI informed Cboe that August 12, 2019 closing values for certain Indices were being recalculated. Below are the corrected August 12, 2019 closing settlement values for the S&P 500 (option symbol: SPX) and mini-SPX (option symbol: XSP) options resulting from this recalculation. Please click the title for more details.
August 13, 2019
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Final Reminder - Cboe Options Technology Integration Feature Pack 9 – Support for Complex Instruments with Underlying Stock Legs
Effective Friday, August 16, 2019, Cboe will introduce support for complex instruments with stock legs on EDGX Options Exchange (“EDGX Options”). Please click the title for complete details.
August 13, 2019
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Corrected Closing Settlement Values for Certain S&P Indices
S&P Dow Jones Indices ("S&P DJI") has informed Cboe that, due to an issue with index component closing price information received from U.S. Stock Exchanges, the closing values for certain indices on August 12, 2019 will be recalculated. Please click the title for more details.
August 13, 2019
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Cboe Trader E-News for Friday, August 9, 2019
August 9, 2019
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Cboe Options Enhancements to Market Maker Trade Notification Messages
In addition to providing Floor Trade Notifications (MMTNs) to Market Makers over designated FIX and FIX Drop ports, Cboe Options Exchange (“C1”) will provide MMTNs over designated BOE order entry and BOE Bulk Quoting ports. Please click the title for complete details.
August 9, 2019
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Cboe Announces Support for Complex Automated Improvement Mechanism on EDGX Options
Effective Thursday August 22, 2019, Cboe will introduce support for Complex Automated Improvement Mechanism (C-AIM) on EDGX Options Exchange (“EDGX Options”). Please click the title for complete details.
August 9, 2019
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Restrictions on Transactions in Ultra Petroleum Corporation (UPLC) on Cboe Options Exchange
Effective August 8, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
August 8, 2019
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Clock Sync Logs for PAR and PULSe
Cboe Options and C2 Options are issuing this notice to inform Trading TPHs they may request their respective clock synchronization data reports or logs (“clock sync logs”) for the PAR and PULSe workstations by contacting the Cboe Operations Support Center. Please click the title for complete details.
August 7, 2019
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Cboe C2 and EDGX Options Update to FIX SecurityType field for Complex Executions Effective August 16, 2019
In order to allow customers to better distinguish leg executions from complex package fills, in conjunction with the release of Feature Pack 9 scheduled for Friday, August 16, 2019 Cboe EDGX Options Exchange will introduce a change to the values sent in the US Options FIX SecurityType field (FIX Tag 167). In the interest of maintaining consistency across the Cboe Options Exchanges, this same change will be released to the C2 Options Exchange on Friday, September 6, 2019. Please click the title for complete details.
August 7, 2019
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Cboe and EDGX Options Exchanges to List Monday Expiring Weekly Options in XSP
Commencing August 12, 2019, Cboe and EDGX Options Exchanges will list Monday-expiring Weekly options on the Mini-S&P 500 Index (option symbol: XSP). Please click the title for complete details.
August 5, 2019
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Cboe Trader E-News for Friday, August 2, 2019
August 2, 2019
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Cboe Town Hall on CAT Reporting Requirements for PAR Brokers
The Cboe Trading Floor Operations group and the Cboe Regulatory Interpretations team will together host a Town Hall meeting to provide details regarding consolidated audit trail (CAT) reporting requirements for PAR brokers. TPH PAR brokers and their compliance officers are strongly encouraged to attend. Please click the title for complete details.
August 2, 2019
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Update - Postponement - Cboe Options Technology Integration Feature Pack 9 – Support for Complex Instruments with Underlying Stock Legs
Effective Friday, August 16, 2019, Cboe will introduce support for complex instruments with stock legs on EDGX Options (“EDGX”) Exchange. The addition of Complex Automated Improvement Mechanism (C-AIM) with support for underlying stock legs will be postponed to a date yet to be determined. The new effective date for C-AIM will be communicated in a future notice. Please click the title for complete details.
August 2, 2019
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Market Maker Complex Orders in VIX
Clarification on resting of M and N complex orders in COB in VIX/VIXW. Please click the title for details.
August 2, 2019
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Cboe Options Exchange Fee Schedule Changes Effective August 1, 2019
This notice explains changes to the Fee Schedule for Cboe Exchange, Inc. (“Cboe Options” or the “Exchange”). Subject to regulatory review, the changes summarized below will be effective August 1, 2019. Please click the title for complete details.
August 1, 2019
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Update - Cboe Options Technology Integration Feature Pack 9 – Support for Complex Instruments with Underlying Stock Legs
The introduction of complex instruments with underlying stock legs has been postponed for one week and will be made available on EDGX Options (“EDGX”) Exchange effective August 5, 2019, subject to regulatory review. Please click the title for complete details.
July 25, 2019
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January 2022 LEAP Series on Cboe Options Exchanges
In accordance with the Options Listing Procedures Plan , January 2022 LEAP series for all eligible equity, ETF and TIR options will begin trading on Cboe Options Exchanges (BZX, Cboe, C2 and EDGX) on September 16, 2019, irrespective of cycle. Please click the title for more details.
July 23, 2019
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New Option Series in MSCI Emerging Markets Index
This notice serves to amend Notice C2019070900. As of July 22, 2019, MSCI Emerging Markets Index (option symbol: MXEF) again meets Cboe Options listing requirements for continued listing. New option series, beginning with October 18, 2019, will be added on July 23, 2019. Additionally, new weeklys expiring August 9th, August 23rd, and August 30th, will begin trading on Thursday, July 25, 2019. Further new FLEX series may be opened, effective immediately. Please click the title for more details.
July 22, 2019
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Update - Cboe Integration Weekend Test – Saturday, July 27, 2019
In preparation for migration of Cboe Options Exchange (“C1”) to Bats technology, Cboe will host the second of six weekend tests on Saturday July 27, 2019. TPHs must certify in the C1 certification environment before they will be permitted to participate in weekend testing. Please click the title for complete details.
July 19, 2019
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Quarterly Rebalance of Option Class Tiers and Online Appointment System Reminder
Pursuant to Cboe Options (“Cboe Options” or the “Exchange”) Rule 8.3(c)(iv), the Exchange rebalances the option class appointment cost tiers every calendar quarter based on national average daily volume (ADV), excluding the “AA” tier, which may result in additions or deletions to each tier’s composition. When a class changes tiers, it is assigned the appointment cost of the new tier... Each tier rebalancing takes effect on the first business day of the second calendar month following the end of the calendar quarter (i.e. the rebalancing using 2nd quarter 2019 data takes effect the first business day of August 2019). Please click the title for more details.
July 16, 2019
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Testing of Cboe Volatility Settlement Opening Process
On October 7, 2019, pending regulatory approval, Cboe Options Exchange (“Cboe Options”) will complete a technology migration onto the Bats technology trading platform. In preparation, Cboe has scheduled certain Saturdays on which Trading Permit Holders may participate in testing. Please click the title for complete details.
July 15, 2019
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Important Cboe Options Exchange Migration Update
Cboe Options Exchange (“C1”) is pleased to announce the migration to Bats technology remains on track for October 7, 2019, subject to regulatory review and approval. In the following sections, important updates are provided. Please click the title for complete details.
July 12, 2019
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Important Cboe Options Exchange Migration Update
Cboe Options Exchange (“C1”) is pleased to announce the migration to Bats technology remains on track for October 7, 2019, subject to regulatory review and approval. In the following sections, important updates are provided. Please click the title for complete details.
July 12, 2019
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Cboe Announces Addition of DeliverToCompId (FIX Tag 128) on FIX Trade Cancel/Correct Messages
Effective Wednesday, August 21, 2019, Cboe Global Markets will include DeliverToCompId (FIX tag 128) on Trade Cancel/Correct messages (UCC) on the BZX Options, C2 Options and EDGX Options Exchanges. Please click the title for complete details.
July 12, 2019
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Cboe Options Exchange Integration Update: Mandatory Testing for Cboe On-Floor Market Makers
In preparation for the technology migration of the Cboe Options Exchange (“Cboe Options”), to be completed on October 7, 2019, pending regulatory approval, Market Maker (MM) Firms with an on-floor presence are required to participate in testing on the trading floor. Please click the title for complete details.
July 12, 2019
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Cboe EDGX Options Exchange Fee Schedule Updates Effective July 12, 2019
Effective on July 12, 2019, Cboe will update certain Fee Code configurations for Qualified Contingent Cross (QCC) orders on the EDGX Options Exchange. Please click the title for complete details.
July 11, 2019
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New Option Series in Certain Select Sector Indexes
As of July 1, 2019, Communication Services Select Sector (option symbol: SIXC), Energy Select Sector (option symbol: SIXE), Consumer Staples Select Sector (option symbol: SIXR), and Technology Select Sector (option symbol: SIXT) Indexes, no longer meet Cboe Options listing requirements for continued listing pursuant to Cboe Options Rule 24.2(b)(6). No new series will be added until such time as Cboe Options amends its requirements for continued listing, subject to regulatory approval. Additionally, this listing requirement applies to new FLEX series and FLEX trades which may result in the creation of new FLEX series will be nullified. Trading in existing series is not restricted. Please click the title for more details.
July 11, 2019
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Update - Cboe Options Technology Integration Feature Pack 8 - Support for Complex QCC, MOC, and LOC
Effective July 12, 2019, Cboe will introduce enhancements to complex order auction functionality for the EDGX Options (“EDGX”) Exchange. Additionally, BZX Options (“BZX”), C2 Options (“C2”), and EDGX Options (“EDGX”) will add support for Market on Close (MOC) and Limit on Close Orders (LOC). The addition of support for Complex AIM auctions on EDGX has been postponed until a future date, pending regulatory approval. Please click the title for complete details.
July 10, 2019
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New Option Series in MSCI Emerging Markets Index
As of July 3, 2019, MSCI Emerging Markets Index (option symbol: MXEF) no longer meets Cboe Options listing requirements for continued listing pursuant to Cboe Options Rule 24.2.01(b)(2). No new series on MXEF will be added until such time as Cboe Options amends its requirements for continued listing, subject to regulatory approval. Additionally, this listing requirement applies to new FLEX series as well. FLEX trades which may result in the creation of new FLEX series will be nullified. Trading in existing series is not restricted. Please click the title for more details.
July 9, 2019
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Reminder - Cboe Options Exchange (C1) Technology Integration Update Conference Call on July 9, 2019
Cboe will conduct its next technology integration conference call at 11:30 a.m. CT on Tuesday, July 9, 2019 to update customers regarding the migration of the Cboe Options Exchange (“C1”) trading platform to Bats technology. Details regarding Cboe’s data center strategy, the integration timeline, and key milestone dates as well as additional information will be provided during the call. Please click the title for complete details.
July 8, 2019
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Policy Regarding Clearing Trading Permit Holder (TPH) Give Ups
Pursuant to Cboe Options Exchange (“Cboe Options” or “Exchange”) Rule 6.21, and pending regulatory approval, a new procedure will be in place when a Clearing TPH intends to restrict usage of its clearing number on trades executed by another TPH (“give up”). Please click the title for complete details.
July 5, 2019
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Reminder - Cboe Announces Options Quoting Interface Enhancements
Effective July 8, 2019, pending regulatory review, Cboe Global Markets will introduce several enhancements to the Binary Order Entry (“BOE”) Options Quoting Interface on the BZX Options ("BZX"), C2 Options ("C2"), and EDGX Options ("EDGX") Exchanges as a result of customer feedback. Please click the title for complete details.
July 2, 2019
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Cboe Options Technology Integration Feature Pack 9 – Support for Complex Instruments with Underlying Stock Legs
Effective July 29, 2019, Cboe will introduce support for complex instruments with stock legs on the EDGX Options (“EDGX”) Exchange, subject to regulatory review. Please click the title for complete details.
July 1, 2019
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Cboe Options Exchanges Regulatory Fee Update Effective August 1, 2019
As previously announced on June 25, 2019 via the Regulatory Circulars referenced below, effective Thursday, August 1, 2019 Cboe will make the following Options Regulatory Fee (“ORF”) changes on the Cboe Options, C2 Options, BZX Options, and EDGX Options Exchanges, subject to regulatory review. Please click the title for complete details.
July 1, 2019
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Restrictions on Transactions in Legacy Reserves Inc. (LGCYQ) on Cboe Options Exchange
Effective June 28, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
June 28, 2019
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Cboe EDGX Options Exchange Fee Schedule Updates Effective July 1, 2019
Effective on July 1, 2019, Cboe will introduce the following pricing changes on the EDGX Options Exchange, subject to regulatory review. Please click the title for complete details.
June 28, 2019
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Cboe Options Exchange Fee Schedule Changes Effective July 1, 2019
This notice explains changes to the Fee Schedule for Cboe Exchange, Inc. (“Cboe Options” or the “Exchange”). Subject to regulatory review, the changes summarized below will be effective July 1, 2019. Please click title for complete details.
June 28, 2019
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Update - Cboe Options Regulatory Report Cards Available on Cboe Customer Web Portal
Cboe Global Markets is pleased to announce that effective July 1, 2019, Members will be able to download regulatory report cards for the Cboe BZX, C2, and EDGX Options Exchanges (“the Exchanges”) via the Cboe Customer Web Portal. Please click the title for complete details.
June 28, 2019
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PULSe Trader Workstation Enhancement Release 5.3.0
Beginning the week of July 1, 2019, Cboe Options Exchange (“Cboe Options”) will begin rollout of the PULSe Trader Workstation enhancements described below. PULSe users will be notified in advance of the rollout to their specific terminals. Please click the title for more details.
June 27, 2019
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Procedure for Submission of Changes to Bandwidth, Quote Risk Monitor, and Risk Controls for Cboe Options Exchange
For Cboe Options Exchange, the Operations Support Center (OSC) performs changes to Bandwidth, Quote Risk Monitor (QRM), and Risk Controls when requested by an authorized Trading Permit Holder. This notice is being issued to prescribe the format in which these requests should be submitted to the OSC. Please click the title for full details.
June 25, 2019
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Penny Pilot Program – Replacement Class to be added on July 2, 2019
Effective Tuesday, July 2, 2019, the Cboe Options Exchanges (BZX Options, Cboe Options Exchange, C2 Options and EDGX Options) will replace a delisted issue in the Penny Pilot with the next most active, multiply-listed issue not yet in the Penny Pilot Program. Please click the title for more details.
June 25, 2019
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Cboe Trader E-News for Friday, June 21, 2019
June 21, 2019
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Update - Cboe Options Technology Integration Feature Pack 7 – Global Trading Hours ("GTH"), Opening Process, and Reserve Order Restrictions
Cboe Global Markets has introduced new Global Trading Hours (GTH) sessions for Dow Jones Industrial Average Index (“DJX”) options on the C2 Options (“C2”) Exchange effective June 17, 2019. Introduction of GTH sessions for Mini-SPX Index (“XSP”) options on the EDGX Options ("EDGX") Exchange has been postponed to June 27, 2019, pending regulatory review. Please click the title for complete details.
June 21, 2019
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Cboe Holiday Reminder – Closed on Thursday, July 4, 2019 and Closing Early on Wednesday, July 3, 2019
Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will be closed on Thursday, July 4, 2019 in observance of Independence Day and will be closing early on Wednesday, July 3, 2019. Please click the title for complete details.
June 21, 2019
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Cboe Options Regulatory Report Cards Available on Cboe Customer Web Portal
Cboe Global Markets is pleased to announce that effective July 1, 2019, Members will be able to download regulatory report cards for the Cboe BZX, C2, and EDGX Options Exchanges (“the Exchanges”) via the Cboe Customer Web Portal. Please click the title for complete details.
June 21, 2019
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Transport Layer Security Minimum Version Requirement
Please be advised that effective Friday, August 23, 2019 after the regular market close, Cboe will begin enforcing a new requirement for U.S. equities, options and futures customers that utilize Cboe’s Customer Web Portal including the associated Secure Web API. As of the effective date, the minimum version of the Transport Layer Security (“TLS”) protocol which will be supported will be version 1.2. Please click the title for complete details.
June 20, 2019
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Cboe Options Technology Integration Feature Pack 8 Support for Complex AIM, Complex QCC, and Market and Limit on Close
Effective July 12, 2019, Cboe will introduce multiple enhancements to complex order auction functionality
for the EDGX Options (“EDGX”) Exchange, subject to regulatory review. Additionally, BZX Options (“BZX”),
C2 Options (“C2”), and EDGX Options (“EDGX”) will add support for Market on Close (MOC) and Limit on
Close Orders (LOC), subject to regulatory review.
These enhancements are in preparation for the migration of Cboe Options Exchange ("C1") to Bats
technology.
June 14, 2019
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Final Reminder: Cboe Options Technology Integration Feature Pack 7 – Global Trading Hours ("GTH"), Opening Process, and Reserve Order Restrictions
Cboe Global Markets will introduce new Global Trading Hours (GTH) sessions for Dow Jones Industrial Average Index (“DJX”) options on the C2 Options (“C2”) Exchange effective June 17, 2019 and for Mini-SPX Index (“XSP”) options on the EDGX Options ("EDGX") Exchange effective June 24, 2019, both dates subject to regulatory review. Additionally, a new opening process, along with supporting order entry and market data changes, will be introduced for all products on C2 and EDGX. Finally, a restriction on Reserve Orders for Cboe proprietary classes will be implemented. Please click the title for complete details.
June 12, 2019
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Update - Cboe Integration Weekend Test – Saturday, June 15, 2019
In preparation for migration of Cboe Options Exchange (“C1”) to Bats technology, Cboe will host the first of six weekend tests on Saturday June 15, 2019. TPHs must certify in the C1 certification environment before they will be permitted to participate in weekend testing. Please click the title for complete details.
June 10, 2019
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Frequent Trader ID Additions and Corrections – Change in Procedures
Beginning August 1, 2019, in preparation for Cboe Options migration to Bats Technology, the procedures for submitting Frequent Trader ID Updates and Corrections are being modified, pending regulatory review. Please click the title for complete details.
June 7, 2019
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Important Cboe Options Exchange Migration Update
Cboe Options Exchange (“C1”) is pleased to announce the migration to Bats technology remains on track for October 7, 2019, subject to regulatory review. Please click the title for complete details.
June 5, 2019
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Restrictions on Transactions in Emerge Energy Services LP (EMESQ) on Cboe Options Exchange
Effective June 3, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
June 3, 2019
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Cboe Integration Weekend Test – Saturday, June 15, 2019
In preparation for migration of Cboe Options Exchange (“C1”) to Bats technology, Cboe will host the first of five weekend tests on Saturday June 15, 2019. TPHs must certify in the C1 certification environment before they will be permitted to participate in weekend testing. Please click the title for complete details.
June 3, 2019
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Cboe Trader E-News for Friday, May 24, 2019
May 24, 2019
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Changes to Available Expirations for SPX PM-Settled Options
Commencing May 28, 2019, Cboe Options will begin offering five Monday and five Wednesday Weekly expirations for SPX PM-settled (option symbol: SPXW) options... Additionally, consecutive standard 3rd Friday SPXW option expirations will be reduced from six to five. Please click the title for complete details.
May 22, 2019
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Reminder - Cboe Options Exchange (C1) Technology Integration Update Conference Call on May 21, 2019
Cboe will conduct its next technology integration conference call at 11:30 a.m. CT on Tuesday May 21, 2019, to update customers regarding the migration of the Cboe Options Exchange (“C1”) trading platform to Bats technology. Please click the title for complete details.
May 20, 2019
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Addition of New Equities and Options Port Controls on Cboe Customer Web Portal
Cboe Global Markets is pleased to announce that effective immediately, Cboe Equities and Options Exchange Members will have the ability to configure three new port controls using the Port Controls tool via the Cboe Customer Web Portal. Members will be able configure a Directed ISO restriction, Port Message Rate Threshold, and Symbol Message Rate Threshold. Please click the title for complete details.
May 17, 2019
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Cboe Memorial Day Holiday Reminder – Closed on Monday, May 27, 2019
Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will be closed on Monday, May 27, 2019 in observance of Memorial Day. Normal trading will resume on Tuesday, May 28, 2019. Please click the title for complete details.
May 15, 2019
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Cboe Announces Options Quoting Interface Enhancements
Effective July 8, 2019, pending regulatory review, Cboe Global Markets will introduce several enhancements to the Binary Order Entry (“BOE”) Options Quoting Interface on the BZX Options ("BZX"), C2 Options ("C2"), and EDGX Options ("EDGX") Exchanges as a result of customer feedback. Please click the title for complete details.
May 15, 2019
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Update- Cboe Options Technology Integration Feature Pack 7 – Global Trading Hours ("GTH"), Opening Process, and Reserve Order Restrictions
Cboe Global Markets will introduce new Global Trading Hours (GTH) sessions for Dow Jones Industrial Average Index (“DJX”) options on the C2 Options (“C2”) Exchange effective June 17, 2019 and for Mini-SPX Index (“XSP”) options on the EDGX Options ("EDGX") Exchange effective June 24, 2019, both dates subject to regulatory review. Additionally, a new opening process, along with supporting order entry and market data changes, will be introduced for all products on C2 and EDGX. Finally, a restriction on Reserve Orders for Cboe proprietary classes will be implemented. These new features and enhancements are in preparation for migration of Cboe Options Exchange ("C1") to Bats technology. Please click the title for complete details.
May 14, 2019
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Reminder - Cboe Options Exchange (C1) Technology Integration Update Conference Call on May 21, 2019
Cboe will conduct its next technology integration conference call at 11:30 a.m. CT on Tuesday May 21, 2019, to update customers regarding the migration of the Cboe Options Exchange (“C1”) trading platform to Bats technology. Details regarding our data center strategy, the integration timeline, and key milestone dates will be provided during the call, as well as additional information. Please click the title for complete details.
May 14, 2019
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Cboe Announces Test Symbol Rate Limit
Effective May 31, 2019, the Cboe BZX Options, C2 Options, EDGX Options, BZX Equities, BYX Equities, EDGA Equities, EDGX Equities and Cboe Futures Exchanges will limit the number of test symbol orders that Members and Trading Privilege Holders (TPHs) can submit. Please click the title for complete details.
May 10, 2019
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Important Cboe Options Exchange Migration Update
Cboe Options Exchange (“C1”) is pleased to announce the migration to Bats technology remains on track for October 7, 2019, subject to regulatory review. Please click the title for complete details.
May 8, 2019
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Updates to Source Network IP Addresses in Options Market Data Feed Specifications
Please be advised that certain C1 Production source network IP addresses have been updated in multiple Market Data Feed Specifications. Please click the title for complete details.
May 8, 2019
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Update - Cboe Announces Harmonization of Quoting Obligations and Market Maker Registration/Class Appointments for Select Options Exchanges
Effective May 10, 2019, Cboe Global Markets will introduce harmonized Market Maker quoting obligations on the C2 Options ("C2") and EDGX Options ("EDGX") Exchanges, subject to regulatory review. Additionally, updated registration/class appointment procedures on EDGX will be implemented. BZX Options Market Maker quoting obligations and registration process will remain unchanged. Please click the title for complete details.
May 2, 2019
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Cboe Options Technology Integration Feature Pack 7 – Global Trading Hours ("GTH") and Opening Process
Cboe Global Markets will introduce new Global Trading Hours (GTH) sessions for Dow Jones Industrial Average Index (DJX) options on the C2 Options (C2) Exchange effective June 17, 2019 and for Mini-SPX Index (XSP) options on the EDGX Options (EDGX) Exchange effective June 24, 2019, both dates subject to regulatory review. Additionally, a new opening process, along with supporting order entry and market data changes, will be introduced for all products on C2 and EDGX. Finally, a restriction on Reserve Orders for Cboe proprietary classes will be implemented. These new features and enhancements are in preparation for migration of Cboe Options Exchange (C1) to Bats technology and are subject to regulatory review. Please click the title for complete details.
May 2, 2019
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Cboe Announces Addition of Side (FIX Tag 54) to Complex Order Execution Reports
Effective June 5, 2019, Cboe Global Markets will add Side (FIX Tag 54) to FIX Execution Reports for complex orders sent using the Long Form request on the C2 Options ("C2") and EDGX Options ("EDGX") Exchanges. Please click the title for complete details.
May 2, 2019
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Cboe Options Exchange (C1) Technology Integration Update Conference Call on May 21, 2019
Cboe will conduct its next technology integration conference call at 11:30 a.m. CT on Tuesday May 21, 2019, to update customers regarding the migration of the Cboe Options Exchange (“C1”) trading platform to Bats technology. Details regarding our data center strategy, the integration timeline, and key milestone dates will be provided during the call, as well as additional information. Please click the title for complete details.
May 1, 2019
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In-person Consolidated Audit Trail Options Deep Dive in Chicago
On Wednesday, May 15, 2019, at 3:30PM CT, CAT NMS LLC and FINRA CAT LLC, in coordination with Security Traders Association of Chicago (“STAC”), will be hosting an in-person Consolidated Audit Trail Options Deep Dive in Chicago. Please click the title for complete details.
April 26, 2019
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Cboe Options Support for Solicitation Auction Mechanism (SAM) Auctions Postponed
Cboe Options support for SAM Auctions on the EDGX Options ("EDGX") Exchange has been postponed until a future date, pending regulatory approval. The new effective date will be communicated in a future notice. Please click the title for complete details.
April 26, 2019
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Cboe Options Exchange to Introduce Systematic Rejection of N Capacity on SAM Responses
As previously announced in Cboe Options Exchange (“Cboe Options”) notice C2019022700, Cboe Options is beginning to implement systemic rejection of SAM auction responses with a capacity/origin of N (Non-Cboe Market-Maker). Rollout is targeted to complete by April 29, 2019. Please click the title for complete details.
April 26, 2019
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2019 SIFMA/FIA and Regulation SCI BCP/DR Test Plan
In coordination with other market centers, as part of the annual SIFMA/FIA industry test and in support of Regulation Systems Compliance and Integrity (SCI) requirements, Cboe is currently scheduled to host its annual BCP/DR test on Saturday, October 26, 2019. Please click the title for complete details.
April 26, 2019
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Restrictions on Transactions in Achaogen Inc. (AKAO) on Cboe Options Exchange
Effective April 25, 2019, Achaogen, Inc. (AKAO) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol AKAOQ. Therefore, trading in AKAOQ options will be subject to restrictions. Please click the title for complete details.
April 25, 2019
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PULSe Trader Workstation Enhancement Release 5.2.0
Beginning the week of April 29, 2019, Cboe Options Exchange (“Cboe Options”) will begin rollout of the PULSe Trader Workstation enhancements described below. PULSe users will be notified in advance of the rollout to their specific terminals. Please click the title for complete details.
April 25, 2019
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Restrictions on Transactions in Kona Grill, Inc. (KONA) on Cboe Options Exchange
Effective April 25, 2019, Kona Grill, Inc. (KONA) will move its listing to the Other-OTC Market. Please click the title for complete details.
April 24, 2019
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Restrictions on Transactions in Fusion Connect, Inc. (FSNN) on Cboe Options Exchange
Effective April 25, 2019, Fusion Connect, Inc. (FSNN) will move its listing to the Other-OTC Market. Please click the title for complete details.
April 24, 2019
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Cboe Options Exchange Integration Update: Mandatory Training and Certification for Cboe On-Floor Trading Permit Holders and Staff
On October 7, 2019, pending regulatory approval, Cboe Options Exchange (“Cboe Options”) will complete a technology migration which will introduce significant changes to Cboe trading floor system applications, including PULSe and PAR 3.0. In addition, OMT functionality, order look-up, and management of clearing records will utilize new firm and trader identifiers as well as updated tools and methods, all of which will require training. Please click to title for complete details.
April 24, 2019
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Restrictions on Transactions in Christopher & Banks Corp. (CBK) on Cboe Options Exchange
Effective April 18, 2019, Christopher & Banks, Corp. (CBK) was delisted from the NYSE and moved its listing to the Other-OTC Market under the symbol CBKC. Please click the title for complete details.
April 18, 2019
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Cboe Options Add Support for Solicitation Auction Mechanism (SAM)
Effective April 29, 2019, Cboe Options will add support for SAM Auctions on the EDGX Options ("EDGX") Exchange, subject to regulatory review. This enhancement is in preparation for the migration of Cboe Options Exchange ("C1") to Bats technology. Please click the title for complete details.
April 18, 2019
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Cboe Announces Harmonization of Quoting Obligations and Market Maker Registration/Class Appointments for select Options Exchanges
Effective May 10, 2019, Cboe Global Markets will introduce harmonized Market Maker quoting obligations on the BZX Options ("BZX"), C2 Options ("C2"), and EDGX Options ("EDGX") Exchanges, subject to regulatory review. Additionally, updated registration/class appointment procedures on BZX and EDGX will be implemented. Please click the title for complete details.
April 17, 2019
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Reminder - Cboe Power Shutdown 400 S LaSalle Building
On Friday, April 19, 2019, the Facilities Department will be conducting maintenance on the electrical infrastructure network within the building. In order to complete this work, a shutdown of power is required for the entire building, including the Data Centers and Trading Floor. Please click the title for complete details.
April 17, 2019
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Reminder - Cboe Power Shutdown 400 S LaSalle Building
On Friday, April 19, 2019, the Facilities Department will be conducting maintenance on the electrical infrastructure network within the building. In order to complete this work, a shutdown of power is required for the entire building, including the Data Centers and Trading Floor. Please click the title for complete details.
April 17, 2019
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Cboe Options Exchange Trade Detail File and Trade Data Report Update
Effective May 1, 2019, all Trade Detail files downloaded from the Customer Web Portal and issued monthly will contain two additional fields. This change aligns with identical field additions made to the daily Trade Data Report. These two new fields are Floor Trader and Contra Floor Trader. Please click the title for complete details.
April 15, 2019
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Cboe C2 Options Exchange Plans to List Options on the Dow Jones Industrial Average Index
Effective May 8, 2019, C2 Options Exchange ("C2 Options") will begin trading options on the Dow Jones Industrial Average Index, symbol DJX. DJX options are currently traded on the Cboe Options Exchange. Please click the title for complete details.
April 15, 2019
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Quarterly Rebalance of Option Class Tiers and Online Appointment System Reminder
Pursuant to Cboe Options (“Cboe Options” or the “Exchange”) Rule 8.3(c)(iv), the Exchange rebalances the option class appointment cost tiers every calendar quarter based on national average daily volume (ADV), excluding the “AA” tier, which may result in additions or deletions to each tier’s composition...Each tier rebalancing takes effect on the first business day of the second calendar month following the end of the calendar quarter (i.e. the rebalancing using 1st quarter 2019 data takes effect the first business day of May 2019). Please click on the title for complete details.
April 12, 2019
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Cboe Options Exchange PAR Names Later Feature Release
On April 15, 2019, the Cboe Options Exchange (“Cboe Options”) will introduce Names Later, a new PAR feature. A description of functionality and instructions are provided below. Note that existing reporting requirements will not change with this feature. The reporting requirements will be detailed in an upcoming regulatory circular.
April 10, 2019
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Cboe Options Exchanges to Cease Dissemination of Non-Firm Quotes to OPRA in the Pre-market
Effective April 25, 2019, Cboe Global Markets will disable dissemination of pre-open “non-firm” quotes to OPRA during the pre-open queuing period on BZX Options ("BZX"), C2 Options ("C2"), and EDGX Options ("EDGX") Exchanges. Please click the title for complete details.
April 10, 2019
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Restrictions on Transactions in Aceto Corp. (ACETQ) on Cboe Options Exchange
Effective April 3, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
April 3, 2019
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Industry Outreach Webcast on the Consolidated Audit Trail
On Wednesday, April 3, 2019, at 4:15PM ET, the CAT NMS, LLC will be hosting a Consolidated Audit Trail webcast to discuss the recent updates to the CAT Reporting Technical Specifications for Industry Members published on March 29, 2019 and additional topics. Please click the title for complete details.
April 3, 2019
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Restrictions on Transactions in Orchids Paper Products Company (TISUQ) on Cboe Options Exchange
Effective April 2, 2019, the above class moved its listing to the Other-OTC Market. Please click the title for complete details.
April 2, 2019
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Cboe Holiday Reminder – Closed on Friday, April 19, 2019
Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will be closed on Friday, April 19, 2019 in observance of Good Friday. Please click the title for complete details.
April 2, 2019
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Cboe Town Hall on PAR 2.0 Names Later Feature
The Cboe Market Structure and Functionality (MSF) group and the Cboe Trading Floor Operations group will together host a Town Hall meeting to provide details regarding Names Later, a new PAR feature. TPH PAR brokers and Compliance Officers are strongly encouraged to attend.
April 2, 2019
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Penny Pilot Program – Replacement Classes to be added on April 2, 2019 - Update
Effective Tuesday, April 2, 2019, subject to regulatory review, the Cboe Options Exchanges (BZX, Cboe Options Exchange, C2 and EDGX Options) will replace four delisted issues in the Penny Pilot with the next most active, multiply-listed issues not yet in the Penny Pilot Program. Please click on the title for complete details.
April 1, 2019
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Reminder - Cboe EDGX Options Plans to List Options on the Mini-SPX Index and the Addition of Matching Unit 33
Effective April 8, 2019, EDGX Options Exchange will begin trading options on the Mini-SPX Index, symbol XSP. This Listed Index Option will reside exclusively on Matching Unit 33. Please click the title for complete details.
April 1, 2019
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Regulatory Transaction Fee Adjustment per SEC Section 31 Rate Change Effective Tuesday, April 16, 2019
This notice is being issued to inform you that in Fee Rate Advisory #2 for Fiscal Year 2019, the SEC announced the Section 31 transaction fee rate applicable to securities transactions on the exchanges and over-the-counter markets will increase to $20.70 per million dollars effective Tuesday April 16, 2019. Please click the title for complete details.
March 29, 2019
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Cboe Options Exchange Fee Schedule Changes Effective April 1, 2019
This notice explains changes to the Fee Schedule for Cboe Exchange, Inc. (“Cboe Options” or the “Exchange”). Subject to regulatory review, the change summarized below will be effective April 1, 2019. Please click the title for complete details.
March 29, 2019
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Restrictions on Transactions in Cloud Peak Energy Inc. (CLD) on Cboe Options Exchange
Effective before the open on March 27, 2019, Cloud Peak Energy Inc. (CLD) was delisted from the NYSE and moved its listing to the Other-OTC Market under the symbol CLDP. Therefore, trading in CLDP options will be subject to restrictions. Please click on the title for complete details.
March 27, 2019
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Important Cboe Options Exchange Migration Update
Cboe Options Exchange (“C1”) is pleased to announce the migration to Bats technology remains on track for October 7, 2019, subject to regulatory review. Please click the title for complete details.
March 27, 2019
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Cboe Power Shutdown 400 S LaSalle Building
On Friday, April 19, 2019, the Facilities Department will be conducting maintenance on the electrical infrastructure network within the building. In order to complete this work, a shutdown of power is required for the entire building, including the Data Centers and Trading Floor. Please click the title for complete details.
March 26, 2019
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Cboe Power Shutdown 400 S LaSalle Building
On Friday, April 19, 2019, the Facilities Department will be conducting maintenance on the electrical infrastructure network within the building. In order to complete this work, a shutdown of power is required for the entire building, including the Data Centers and Trading Floor. Please click the title for complete details.
March 26, 2019
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Final Reminder: Cboe Announces Sunset of BOE Bulk Order Message Types
Effective Friday, March 29, 2019, Cboe Global Markets will sunset the Bulk Order message type as implemented in the US Options BOE protocol. Please click the title for complete details.
March 25, 2019
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Restrictions on Transactions in Wisdom Tree Brazilian Real Strategy Fund Options (BZF) on Cboe Options Exchange
Effective March 14, 2019, Wisdom Tree Brazilian Real Strategy Fund Options (BZF) was suspended from the NYSE Arca Exchange due to the liquidation of the fund.
Therefore, trading in BZF options will be subject to restrictions. Please click the title for complete details.
March 18, 2019
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Bid-Ask Differentials for TLRY on Cboe Options Exchange
Effective March 18, 2019 and through the market close on June 21, 2019, the maximum bid-ask differentials for electronic quotes (intraday and opening rotation) on Cboe Options Exchange for TLRY will be as follows. Please click the title for complete details.
March 15, 2019
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Cboe Options Announces Quoting Interface Update
Effective March 26, 2019, Cboe Global Markets will be removing Quote Restated messages with RestatementReason = ‘Q’ for the Cboe Options Binary Order Entry (BOE) protocol. Please click the title for complete details.
March 15, 2019
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Cboe to Observe Moment of Silence on Friday, March 15, 2019
Cboe will join other market participants in observing a one minute moment of silence at 9:20 a.m. ET. Please click the title for complete details.
March 15, 2019
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Penny Pilot Program – Replacement Classes to be added on April 2, 2019
Effective Tuesday, April 2, 2019, subject to regulatory review, the Cboe Options Exchanges (BZX, C1, C2 and EDGX Options) will replace three delisted issues in the Penny Pilot. Please click on the title for complete details.
March 13, 2019
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Update: Cboe Options Technology Integration Feature Pack 5 – Simple Order Auctions
Effective March 21, 2019, Cboe will introduce multiple enhancements to simple order auction functionality for the EDGX Options (“EDGX”) Exchange, subject to regulatory review. The addition of support for SAM Auctions on EDGX will be postponed to April 29, 2019. Please click the title for complete details.
March 13, 2019
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Reminder - Cboe Options Exchange (C1) Technology Integration Update Conference Call on March 19, 2019
Cboe will conduct its next technology integration conference call at 11:30 a.m. CT on Tuesday March 19, 2019, to update customers regarding the migration of the Cboe Options Exchange (“C1”) trading platform to Bats technology. Details regarding our data center strategy, the integration timeline, and key milestone dates will be provided during the call, as well as additional information. Please click the title for complete details.
March 12, 2019
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Restrictions on Transactions in Gazit-Globe Ltd. (GZT) on Cboe Options Exchange
Effective March 8, 2019, Gazit-Globe Ltd. (GZT) will be subject to restrictions pursuant to Cboe Options Rule 5.4. Click the title for more details.
March 7, 2019
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Restrictions on Transactions in Synergy Pharmaceuticals, Inc. (SGYP) on Cboe Options Exchange
Effective March 8, 2019, Synergy Pharmaceuticals, Inc. (SGYP) will be subject to restrictions pursuant to Cboe Options Rule 5.4. Please click the title for complete details.
March 7, 2019
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Reminder: Cboe Announces Sunset of BOE Bulk Order Message Types
Effective Friday, March 29, 2019, Cboe Global Markets will sunset the Bulk Order message type as implemented in the US Options BOE protocol. Please click the title for complete details.
March 7, 2019
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Restrictions on Transactions in Windstream Holdings, Inc. (WIN) on Cboe Options Exchange
Effective March 6, 2019, Windstream Holdings, Inc. (WIN) will be delisted from the NASDAQ and move its listing to the Other-OTC Market under the symbol WINMQ. Please click the title for complete details.
March 5, 2019
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Cboe EDGX Options Plans to List Options on the Mini-SPX Index and the Addition of Matching Unit 33
Effective April 8, 2019, EDGX Options Exchange will begin trading options on the Mini-SPX Index, symbol XSP. Please click the title for complete details.
March 5, 2019
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Restrictions on Transactions in Pernix Therapeutics Holdings, Inc. (PTX) on Cboe Options Exchange
Effective March 5, 2019, Pernix Therapeutics Holdings, Inc. (PTX) will be delisted from the NASDAQ and move its listing to the Other-OTC Market under the symbol PTXTQ. Please click the title for complete details.
March 4, 2019
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Cboe Announces Complex Reserve Orders on C2 Options Exchange
Effective March 15, 2019, Cboe Global Markets will introduce Complex Reserve orders on the C2 Options (“C2”) Exchange. This new feature is being released in preparation for migration of Cboe Options Exchange (“C1”) to Bats technology. Please click the title for complete details.
March 1, 2019
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Dissemination of Non-firm Quotes to OPRA in the Pre-market
As part of Cboe Options Technology Integration Feature Pack 4 (Market Data Enhancements), effective today Cboe ceased to disseminate pre-open “non-firm” quotes to OPRA during the pre-open queuing period on BZX, C2, and EDGX Options Exchange. Effective tomorrow, March 1, 2019, Cboe will be reverting this particular change until further notice and will resume dissemination of “non-firm” quotes to OPRA in the pre-open queueing sessions. Please click the title for complete details.
February 28, 2019
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Correction to Cboe Options Regulatory Circular RG17-183
Cboe Options Regulatory Circular RG17-183 stated that a systematic rejection of auction responses from Cboe Options Market-Makers (order origin code M) not appointed in a given class would apply to both AIM (Cboe Options Rule 6.74A) and SAM (Cboe Options Rule 6.74B). In fact, consistent with Cboe Rule 6.74B(b)(1)(C), SAM auction responses may be submitted by Trading Permit Holders (TPHs) for any account, except for the account of an options Market-Maker from another options exchange (order origin code N).
February 27, 2019
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Cboe Options Exchange New Trading Floor Coat Rack and Storage Area
Cboe Options Exchange (“Cboe”) has installed a coat rack and adjacent storage cubbies outside the back of the VIX® index trading pit for use by all trading floor personnel. Please click on the title for complete details.
February 22, 2019
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Restrictions on Transactions in Invesco China All-Cap ETF (YAO) on Cboe Options Exchange
Effective before the open on February 21, 2019, Invesco China All-Cap ETF (YAO) was suspended from the ARCA Exchange due to the liquidation of the fund announced on December 14, 2018. Therefore, trading in YAO options will be subject to restrictions. Please click on the title for complete details.
February 21, 2019
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Reminder: Cboe Options Technology Integration Feature Pack 4 – Market Data Enhancements
Effective February 28, 2019, Cboe will introduce multiple enhancements to market data dissemination functionality for BZX Options (“BZX”), C2 Options (“C2”), and EDGX Options (“EDGX”) Exchanges. Please click the title for complete details.
February 21, 2019
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Restrictions on Transactions in Bellatrix Exploration Ltd. (BXEFF) on C2 Options Exchange
Effective February 12, 2019, Bellatrix Exploration Ltd. (BXEFF) will be subject to restrictions. Please click the title for complete details.
February 15, 2019
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Important Cboe Options Exchange Migration Update
Cboe Options Exchange (“C1”) is pleased to announce the migration to Bats technology remains on track for October 7, 2019, subject to regulatory review. Please click the title for complete details.
February 14, 2019
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Cboe Announces Liquidity Provider Scorecards for BZX and EDGX Options
Cboe Global Markets is pleased to announce that liquidity providers may view information regarding their activity on the BZX and EDGX Options Exchanges when subscribed to the Liquidity Provider Scorecard Report. Please click the title for complete details.
February 14, 2019
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Changes to Available Expirations for SPX Options
Commencing February 19, 2019, in addition to other changes, Cboe Options will begin maintaining six consecutive standard 3rd Friday SPX AM-settled (SPX) and SPX PM-settled (SPXW) expirations. Please click the title for complete details.
February 13, 2019
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Cboe Announces Sunset of BOE Bulk Order Message Types
Effective Friday, March 29, 2019, Cboe Global Markets will sunset the Bulk Order message type as implemented in the US Options BOE protocol. Please click the title for complete details.
February 13, 2019
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Cboe Options Exchange (C1) Platform Migration Connectivity Update
Cboe Global Markets has obtained a waiver from Equinix for the initial cross connect install fee and the Equinix Monthly Recurring Charges (MRC) for up to six months on new cross connects run to the new Cboe Options Exchange (C1) latency-equalized infrastructure that has been built in preparation for the migration to Bats Technology. Please click the title for complete details.
February 12, 2019
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Industry Outreach Webcast on the Consolidated Audit Trail
On Wednesday, February 20, 2019 at 4:15 PM EST, the CAT NMS, LLC Operating Committee will be hosting a Consolidated Audit Trail webcast to discuss current progress on the CAT. Please click the title for complete details.
February 12, 2019
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Reduction of the Open Outcry FLEX RFQ Response Period for FLEX Equity Options on ETNs
Effective today, February 11, 2019, Cboe Options will reduce the minimum open outcry FLEX request for quote (RFQ) response period for FLEX Equity Options on exchange-traded notes (ETNs) from a minimum of 5 minutes to a minimum of 3 minutes. Please click the title for complete details.
February 11, 2019
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Pulse Trader Workstation Enhancement Release 5.1.0
Beginning the week of February 11, 2019, Cboe will begin rollout of the PULSe Trader Workstation enhancements described below. PULSe users will be notified in advance of the rollout to their specific terminals. Please click the title for complete details.
February 8, 2019
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Reminder: Cboe Equities and Options Exchanges Market-Wide Circuit Breaker Testing Opportunity on Saturday, February 9, 2019
In coordination with other market participants, Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will participate in a Market-Wide Circuit Breaker (MWCB) Level 1, 2, and 3 test on Saturday, February 9, 2019 between 11:00 am and 1:00 pm ET. Please click the title for complete details.
February 7, 2019
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Cboe Holiday Reminder – Closed on Monday, February 18, 2019
Cboe U.S. Equities Exchanges (BYX, BZX, EDGA, and EDGX Equities) and the Cboe Options Exchanges (BZX, Cboe, C2, and EDGX Options) will be closed on Monday, February 18, 2019 in observance of President's’ Day. Normal trading will resume on Tuesday, February 19, 2019. Please click the title for complete details.
February 6, 2019
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Cboe Options Technology Integration Feature Pack 5 – Simple Order Auctions
Effective March 21, 2019, Cboe will introduce multiple enhancements to simple order auction functionality for the EDGX Options (“EDGX”) Exchange, subject to regulatory review. Please click the title for complete details.
February 6, 2019
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Cboe to Begin Rollout of New Options on 11 Select Sector Indices - Update
On February 7, 2019, Cboe Global Markets, Inc. (Cboe) will begin the new listing rollout of options on 11 Select Sector Indices. The initial contract listings have been updated. Please click the title for complete details.
February 5, 2019
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Postponed - Cboe Options Exchanges to Trade VXXB Options in Penny/Nickel Increments
Cboe Global Markets originally announced Cboe Options Exchanges (Cboe, C2, BZX, and EDGX) would, effective February 6, 2019, begin trading VXXB options in $0.01 increments for all option series quoted below $3 (including LEAPS), and $0.05 increments for all option series quoted above $3 (including LEAPS). The planned changes have been postponed pending regulatory approval. Please click the title for complete details.
February 4, 2019
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Cboe to Begin Rollout of New Options on 11 Select Sector Indices - Update
On February 7, 2019, Cboe Global Markets, Inc. (Cboe) will begin the new listing rollout of options on 11 Select Sector Indices. Please click the title for complete details.
February 4, 2019
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Cboe Options Exchange (C1) Technology Integration Update Conference Call on March 19, 2019
Cboe will conduct its next technology integration conference call at 11:30 a.m. CT on Tuesday March 19, 2019, to update customers regarding the migration of the Cboe Options Exchange (“C1”) trading platform to Bats technology. Please click the title for complete details.
February 1, 2019
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Cboe Options Exchange Fee Schedule Changes Effective February 1, 2019
This notice explains changes to the Fee Schedule for Cboe Exchange, Inc. (“Cboe Options” or the “Exchange”). Subject to regulatory review, the changes summarized below will be effective February 1, 2019. Please click title for complete details.
January 31, 2019
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Cboe Options Exchanges to Trade VXXB Options in Penny/Nickel Increments Effective February 6, 2019
Effective Wednesday, February 6, 2019, subject to regulatory review, VXXB options will be eligible for trading on all Cboe Options Exchanges in $0.01 increments for all option series quoted below $3 (including LEAPS), and $0.05 increments for all option series quoted above $3 (including LEAPS). Please click the title for complete details.
January 31, 2019
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Cboe to Begin Rollout of New Options on 11 S&P Select Sector Indices
On February 7, 2019, Cboe Global Markets, Inc. (Cboe) will begin the new listing rollout of options on 11 S&P Select Sector Indices. Please click on the title for complete details.
January 28, 2019
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Update: Cboe Town Hall – Direct Route to PAR (Date Updated Due To Weather)
The Cboe Market Structure and Functionality (MSF) group and the Cboe Trading Floor Operations group
will together host a Town Hall meeting to provide details and respond to questions related to Direct Route
to PAR. TPH PAR brokers and Compliance Officers are strongly encouraged to attend. Please click the title for details.
January 28, 2019
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Reminder: C2 and EDGX Options Exchanges Add Support for Post Only Complex Orders
Cboe Global Markets will introduce new functionality to the C2 Options Exchange (“C2”) and EDGX Options Exchange (“EDGX”) to support Post Only Complex Orders. This enhanced order handling will be available in EDGX on Wednesday, January 30, 2019 and available in C2 on Wednesday, February 6, 2019. Please click the title for complete details.
January 28, 2019
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Reminder: Cboe Options Technology Integration Feature Pack 4 – Market Data Enhancements
Effective February 28, 2019, Cboe will introduce multiple enhancements to market data dissemination functionality for BZX Options (“BZX”), C2 Options (“C2”), and EDGX Options (“EDGX”) Exchanges. Please click the title for complete details.
January 28, 2019
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Cboe Trader E-News for Friday, January 25, 2019
January 25, 2019
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Maturation of VXX and VXZ ETNs and Related VXXB and VXZB Listing
Effective January 30, 2019, iPath S&P 500 VIX Short-Term Futures ETN (VXX) and iPath S&P 500 VIX Mid-Term Futures ETN (VXZ) will mature and holders of record on the maturity date will receive the final cash settlement value. The last day of trading for VXX and VXZ will be January 29, 2019 and these ETNs will be delisted at market open on January 30, 2019. Please click the title for complete details.
January 24, 2019
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Flexible Exchange Options (FLEX) Order and Trade Submission
TPH is expected to verify the accuracy of the trade submission immediately but no later than 3:45pm CT on the trade date by utilizing Cboe Market Replay, Cboe Trade Match or its own means. Please click on the title for complete details.
January 23, 2019
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Cboe Town Hall – Direct Route to PAR
The Cboe Market Structure and Functionality (MSF) group and the Cboe Trading Floor Operations group will together host a Town Hall meeting to provide details and respond to questions related to Direct Route to PAR. TPH PAR brokers and Compliance Officers are strongly encouraged to attend. Please click the title for details.
January 22, 2019
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Reminder: Cboe Options Technology Integration Feature Pack 3 – Secure Web API Enhancements
Effective February 1, 2019, Cboe BZX Options (“BZX”), C2 Options (“C2”), and EDGX Options (“EDGX”) Exchange members will be able to utilize the Secure Web API Clearing Edit Service to make post trade options execution corrections. This functionality, previously only available via the Cboe Customer Web Portal Clearing Editor Tool, is being launched in preparation for migration of Cboe Options Exchange (“C1”) to Bats technology. Please click the title for complete details.
January 22, 2019
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Conference Call to Review Post Technology Migration Requirements for Order Routing to Cboe Floor Brokers
The migration of the Cboe Options Exchange to the Bats technology platform is scheduled to complete on October 7, 2019. Upon migration, users routing orders for manual handling by Cboe floor brokers will be required to populate specific FIX or BOE fields and/or utilize order entry port settings to identify the target floor broker device to which the order is to be routed. Please click the title for complete details.
January 18, 2019
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Update: C2 and EDGX Options Exchanges Add Support for Post Only Complex Orders (Release Date Updated)
Cboe Global Markets will introduce new functionality to the C2 Options Exchange (“C2”) and EDGX Options Exchange (“EDGX”) to support Post Only Complex Orders. This enhanced order handling will be available in EDGX on Wednesday, January 30, 2019 and available in C2 on Wednesday, February 6, 2019. Please click the title for complete details.
January 17, 2019
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Change to Daily Closing Time for Options on an Exchange-Traded Product
Effective January 16, 2019, the Cboe Options Exchanges (Cboe, C2, BZX and EDGX Options) will be changing the daily closing time for options on an exchange-traded product (ETP) from 3:00 pm CT to 3:15 pm CT. The change described in this notice shall apply to all existing options and related FLEX options for the ETP class identified below. Please click the title for complete details.
January 15, 2019
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Important Cboe Options Exchange Migration Update
Cboe Options Exchange (“C1”) is pleased to announce the migration to Bats technology remains on track for October 7, 2019, subject to regulatory review. Please click the title for complete details.
January 15, 2019
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Quarterly Rebalance of Option Class Tiers and Online Appointment System Reminder
Pursuant to Cboe Options (“Cboe Options” or the “Exchange”) Rule 8.3(c)(iv), the Exchange rebalances the option class appointment cost tiers every calendar quarter based on national average daily volume (ADV), excluding the “AA” tier, which may result in additions or deletions to each tier’s composition.... Each tier rebalancing takes effect on the first business day of the second calendar month following the end of the calendar quarter (i.e. the rebalancing using 4th quarter 2018 data takes effect the first business day of February 2019). Please click the title for complete details.
January 15, 2019
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Reminder: Cboe Global Markets Announces New Options Quoting Interface and Risk Reset Functionality
Cboe Global Markets is pleased to introduce a new Options Quoting Interface using the existing Binary Order Entry (BOE) protocol which will begin to rollout per the schedule defined further below, starting Thursday, January 17, 2019. Please click the title for complete details.
January 15, 2019
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Cboe Equities and Options Exchanges Market-Wide Circuit Breaker Testing Opportunity on Saturday, February 9, 2019
In coordination with other market participants, Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will be participating in a Market-Wide Circuit Breaker (MWCB) Level 1, 2, and 3 test on Saturday, February 9, 2019 between 11:00 am and 1:00 pm ET. There will be no day 2 opening during this test. Please click the title for complete details.
January 14, 2019
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Closing of the Cboe Lobby Coat Room and Discontinuation of Jacket Cleaning Service
This notice is being issued to advise the Cboe trading floor community that effective February 1, 2019, the lobby coat room in Chicago will be closed. In its place, coat racks will be installed on the trading floor behind the VIX pit. Please click the title for additional details.
January 11, 2019
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Order Marking Requirements for Direct Route of Orders Intended for Open Outcry Execution
With the October 7, 2019 migration of the C1 trading platform to Bats technology, pending regulatory review, certain Exchange-side order handling property settings will no longer be supported.
Currently C1 supports volume parameters which allow orders greater than a specified quantity to be automatically routed for manual handling. Following the technology migration, orders intended for open outcry handling by a Cboe floor broker or PAR Official will require specific routing information be included by the sender on the FIX or BOE order message. The required information will include a routing directive and a PAR Workstation ID. Please click the title for complete details.
January 11, 2019
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Cboe Holiday Reminder – Closed on Monday, January 21, 2019
Cboe U.S. Equities Exchanges (BYX, BZX, EDGA, and EDGX Equities) and the Cboe Options Exchanges (BZX, Cboe, C2, and EDGX Options) will be closed on Monday, January 21, 2019 in observance of Martin Luther King, Jr. holiday. Normal trading will resume on Tuesday, January 22, 2019. Please click the title for complete details.
January 9, 2019
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Reminder: Cboe Global Markets Announces New Options Quoting Interface and Risk Reset Functionality
Cboe Global Markets is pleased to introduce a new Options Quoting Interface using the existing Binary Order Entry (BOE) protocol which will begin to rollout per the schedule defined further below, starting Thursday, January 17, 2019. Please click the title for complete details.
January 3, 2019
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Cboe Options Exchange Fee Schedule Changes Effective January 2, 2019
This notice explains changes to the Fee Schedule for Cboe Exchange, Inc. (“Cboe Options” or the “Exchange”). Subject to regulatory review, the changes summarized below are expected to become effective January 2, 2019. Please click the title for complete details.
December 31, 2018
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Cboe BZX Options Exchange Fee Schedule Effective January 2, 2019
Effective Wednesday, January 2, 2019, Cboe will introduce the following pricing changes on the BZX Options Exchange, subject to regulatory approval. Please click the title for complete details.
December 31, 2018
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Restrictions on Transactions in Enel Generacion Chili S.A. (EOCC) on Cboe Options Exchange
Effective before the open on December 31, 2018, Enel Generacion Chili S.A. (EOCC) was delisted from the NYSE and moved its listing to the Other-OTC Market under the symbol EOCCY. Therefore, trading in EOCCY options will be subject to restrictions. Please click the title for complete details.
December 31, 2018
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Cboe Trader E-News for Friday, December 21, 2018
December 21, 2018
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Bid-Ask Differentials for TLRY on Cboe Options Exchange
Effective December 24, 2018 and through market close March 15, 2019, the maximum bid-ask differentials for electronic quotes (intraday and opening rotation) on Cboe Options Exchange for TLRY have been modified. Please click on the title for complete details.
December 21, 2018
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Cboe Options Exchange Fee Schedule Changes Effective January 2, 2019
This notice explains changes to the Fee Schedule for Cboe Exchange, Inc. (“Cboe Options” or the “Exchange”). Subject to regulatory review, the changes summarized will be effective January 2, 2019. Please click on the title for complete details.
December 20, 2018
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Multi-Class Spread Orders with a VXXB (iPath Series B S&P 500 VIX Short-Term Futures ETN) Leg
Cboe Exchange, Inc. (“Cboe Options”) currently lists for trading options classes VXX and VXXB, which are options on iPath S&P 500 VIX Short-Term Futures ETNs. Beginning Thursday, December 20, VXXB options will be eligible for open outcry trading on Cboe Options as a Multi-Class Spread Order with a VIX, VIXW, VXX or VXZ leg. Please click the title for complete details.
December 19, 2018
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Cboe Options Trading Permit Sliding Scale and Affiliate Access Credit Programs
A Trading Permit Holder (TPH) that wishes to participate in either the Market-Maker Trading Permit Sliding Scale program or the Floor Broker Trading Permit Sliding Scale program as discussed below must complete the attached Market-Maker Election to Participate for 2019 Form or the Floor Broker Election to Participate for 2019 Form (“Election Form”), as applicable. The Election Form must be signed by an authorized signatory for the Trading Permit Holder and emailed to [email protected] by December 28, 2018. Please note that Cboe Options will be migrating to a new trading platform (Bats Tech) on October 7, 2019 and as a result of that migration, subject to regulatory review, these programs will only be in effect from January 2019 through September 2019. Prior to the completion of the migration, the Exchange will review the program and notify all Trading Permit Holders of any changes for the plan implemented in October 2019. Please click title for complete details.
December 17, 2018
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Restrictions on Transactions in Parker Drilling Company (PKD & adjusted PKD1) on Cboe Options Exchange
Effective before the open on December 13, 2018, Parker Drilling Company (PKD & adj. PKD1) was delisted from the NYSE and moved its listing to the Other-OTC Market under the symbol PKDSQ/PKDQ1.
Therefore, trading in PKDSQ/PKDQ1 options will be subject to restrictions.
Please click the title for complete details.
December 13, 2018
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Special Dissemination of Expected Opening Information Messages for Cboe Options Exchange on December 6, 2018
As noted in Exchange Notice IDC2018120300, Cboe Options, Inc. (“Cboe Options”) was closed on Wednesday, December 5, 2018 in observance of the national day of mourning. As a result, the settlement value for VIX options and futures that expired on December 5, 2018 is being determined on Thursday, December 6, 2018. Please click the title for complete details.
December 5, 2018
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2019 Trading Schedule for FTSE 100 Mini-Index Options (UKXM) - Update
Pursuant to Rule 24.6.06, the Exchange may determine to not open for trading options on foreign indexes when the component securities of the foreign index trade in a single country and the component securities are not trading due to a holiday on the applicable foreign exchange(s). Please click the title for complete details.
November 30, 2018
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Cboe Modification to include all Select Market Maker (SMM) Quotes in End-of-Month Closing Rotations for Options listed on the S&P 500 Index
Effective November 30, 2018, pursuant to Rule 6.2B.06, Cboe Exchange, Inc. (“Cboe Options”) will modify the method of utilizing one designated SMM quoter to determine the End-of-Month theoretical fair value for S&P 500 Index Options which are listed under option symbols SPX and SPXW. Please click the title for complete details.
November 30, 2018
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Cboe Operations Support Center E-mail Address Change
Effective immediately, Trading Permit Holders (TPHs) and customers should direct e-mail inquiries for Cboe Options trading support to [email protected], which replaces [email protected] and [email protected] Please click on the title for complete details.
November 30, 2018
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VIXW Lead Market-Maker
Pursuant to Exchange Notice C2018102905, effective December 3, 2018, Cboe Options will convert the trading symbol for VIX weekly options from VIX to VIXW and change the minimum price increment from $.05/$.10 to $.01. In conjunction with this change, Cboe Options is pleased to have selected Susquehanna as the Lead Market-Maker (“LMM”) in the Regular Trading Hours (“RTH”) session for VIXW weekly options. Susquehanna’s initial appointment will begin on December 3, 2018 and conclude at the close of business on October 4, 2019. Please click the title for complete details.
November 27, 2018
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Restrictions on Transactions in Jones Energy, Inc. (JONE & adjusted JONE1) on Cboe Options Exchange
Effective November 27, 2018, Jones Energy, Inc. (JONE) was delisted from the NYSE and moved its listing to the Other-OTC Market under the symbol JONE. Therefore, trading in adjusted symbol JONE1 options will be subject to restrictions. Please click on the title for complete details.
November 27, 2018
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Pulse Trader Workstation Enhancement Release 5.0.0
Beginning the week of November 26, 2018, Cboe will begin rollout of the PULSe Trader Workstation enhancements described below. PULSe users will be notified in advance of the rollout to their specific terminals. Please click on the title for complete details.
November 21, 2018
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Cboe Global Markets Announces New Options Quoting Interface and Risk Reset Functionality (Release Date and Functionality Updated)
Cboe Global Markets is pleased to introduce a new Options Quoting Interface using the existing Binary Order Entry (BOE) protocol which will begin to rollout per the schedule defined further below, starting Thursday, January 17, 2019. Please click the title for complete details.
November 9, 2018
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Restrictions on Transactions in MiMedx Group, Inc. (MDXG) on Cboe Options Exchange
Effective November 8, 2018, MiMedx Group, Inc. (MDXG) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol MDXG. Therefore, trading in MDXG options will be subject to restrictions. Please click on the title for complete details.
November 8, 2018
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Cboe Options VIXW RTH LMM Solicitation
Cboe Exchange, Inc. (“Cboe Options”) will be accepting applications from interested Trading Permit Holders (“TPHs”) for the Lead Market-Maker (“LMM”) role in the Regular Trading Hours (“RTH”) session for VIX Weekly (VIXW) options. Please click on the title for complete details.
November 7, 2018
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Restrictions on Transactions in Aegean Marine Petroleum Network, Inc. (ANW) on Cboe Options Exchange
Effective November 7, 2018, Aegean Marine Petroleum Network, Inc. (ANW) was delisted from the NYSE and moved its listing to the Other-OTC Market under the symbol ANWWQ. Therefore, trading in ANWWQ options will be subject to restrictions. Please click the title for complete details.
November 7, 2018
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Correction: C2 and EDGX Options Exchanges Add Support for Post Only Complex Orders
Cboe Global Markets is pleased to announce updated functionality to the C2 Options Exchange (“C2”) and EDGX Options Exchange (“EDGX”) to support Post Only Complex Orders. This enhanced order handling will be available in EDGX on Thursday, November 29, 2018 and available in C2 on Friday, November 30, 2018, subject to regulatory approval. Please click the title for complete details.
November 5, 2018
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C2 and EDGX Options Exchanges Add Support for Post Only Complex Orders
Cboe Global Markets is pleased to announce updated functionality to the C2 Options Exchange (“C2”) and EDGX Options Exchange (“EDGX”) to support Post Only Complex Orders. This enhanced order handling will be available in EDGX on Thursday, November 29, 2018 and available in C2 on Friday, November 30, 2018, subject to regulatory approval. Please click the title for complete details.
November 5, 2018
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Update: Cboe Options Technology Integration Feature Pack 1
Effective November 29, 2018 Cboe Global Market will introduce multiple features for BZX Options (“BZX”), C2 Options (“C2”), and EDGX Options (“EDGX”) Exchanges, subject to regulatory review and approval. Please click the title for complete details.
November 2, 2018
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Correction: Enhancement to Options Market Maker Registration Duration
BZX Options and EDGX Options Market Makers are currently able to register for products in which they wish to quote by using the Market Maker Registration Tool within the Cboe Customer Web Portal and Secure Web API. Please click the title for complete details.
November 1, 2018
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Restrictions on Transactions in India Globalization Capital, Inc. (IGC) on Cboe Options Exchange
Effective October 30, 2018, India Globalization Capital, Inc. (IGC) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol IGCC. Please click on the title for complete details.
October 30, 2018
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Symbol and Market Model Change for Cboe VIX Weekly Options
Effective December 3, 2018, Cboe Exchange, Inc. (“Cboe Options”) will make the following changes related to VIX weekly options in Regular Trading Hours (RTH) and Global Trading Hours (GTH) trading sessions. Please click the title for complete details.
October 29, 2018
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Bid Ask Differentials for TLRY
Effective October 30, 2018 and through market close December 21, 2018, the maximum bid-ask differentials for electronic quotes (intraday and opening rotation) on Cboe Options Exchange for TLRY have been modified. Please click the title for details.
October 29, 2018
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Cboe to Observe Moment of Silence on Monday, October 29, 2018
Cboe will join other market participants in observing a one minute moment of silence at 9:20 a.m. ET this morning to pay respect to those impacted by the shooting in Pittsburgh. While trading will not be affected, we encourage market participants to join us in silent tribute to the fallen and those affected by this tragedy.
October 29, 2018
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Cboe Options Exchange Fee Schedule Change Effective November 1, 2018
This notice explains changes to the Fee Schedule for Cboe Exchange, Inc. (“Cboe Options” or the “Exchange”). Subject to regulatory review, the change summarized below will be effective November 1, 2018. Please click the title for complete details.
October 26, 2018
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Restrictions on Transactions in Sears Holdings, Corp. (SHLD) on Cboe Options Exchange
Effective October 24, 2018, Sears Holdings, Corp. (SHLD) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol SHLDQ. Therefore, trading in SHLDQ options will be subject to restrictions. Please click the title for complete details.
October 24, 2018
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Cboe Clearing Firm Consolidated Trade Data Files Now Available by OCC ID
Cboe is pleased to announce the release of two new Cboe Clearing Firm files oriented by Options Clearing Corporation (OCC) IDs: the Clearing Firm Consolidated End of Month Trade Detail File and the Clearing Firm Summary Report. Please click the title for complete details.
October 22, 2018
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Cboe Options Technology Integration Feature Pack 1
Effective November 29, 2018 Cboe Global Market will introduce multiple features for BZX Options (“BZX”), C2 Options (“C2”), and EDGX Options (“EDGX”) Exchanges, subject to regulatory review and approval. These new features, as listed below, are in preparation for migration of Cboe Options Exchange (“C1”) to Bats technology. Please click the title for complete details.
October 19, 2018
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Equipment and Communications on the Trading Floor
No person in a trading crowd or on the trading floor of the Exchange may use any communication device for the purpose of recording activities in the trading crowd or maintaining an open line of continuous communication. Please click the title for complete details.
October 19, 2018
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Quarterly Rebalance of Option Class Tiers and Online Appointment System Reminder
Pursuant to Cboe Options (“Cboe Options” or the “Exchange”) Rule 8.3(c)(iv), the Exchange rebalances the option class appointment cost tiers every calendar quarter based on national average daily volume (ADV), excluding the “AA” tier, which may result in additions or deletions to each tier’s composition... Each tier rebalancing takes effect on the first business day of the second calendar month following the end of the calendar quarter (i.e. the rebalancing using 3rd quarter 2018 data takes effect the first business day of November 2018). Please click the title for more details.
October 15, 2018
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Compression Forum Update: Hours of Operation and Location
Cboe Exchange, Inc. (“the Exchange”), pursuant to Rule 6.56, holds open outcry compression forums from 10:00 am CT to 2:00 pm CT on the last business day of each week, the final three business days of each non-quarterly month (i.e., JAN, FEB, APR, MAY, JUL, AUG, OCT, and NOV), and the final five business days of each quarterly month (i.e., MAR, JUN, SEP, and DEC). Please click the title for more details.
October 10, 2018
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Lead Market-Makers (LMMs) in Global Trading Hours Session
Cboe Options Exchange is pleased to announce that beginning October 1, 2018, CTC LLC has been appointed as the LMM for VIX in the Global Trading Hours (GTH) session. CTC LLC was previously appointed as an LMM in SPX in the GTH session. Please click the title for complete details.
October 2, 2018
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Cboe BZX Options Exchange Fee Schedule Effective October 1
Effective Monday, October 1, 2018, Cboe will introduce the following pricing changes on the BZX Options Exchange, subject to regulatory approval. Click the title for more details.
September 28, 2018
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Cboe Trader E-News for Friday, September 28, 2018
September 28, 2018
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Final Reminder: Cboe BZX Options to List Russell 2000 Index Options
Cboe is pleased to announce the BZX Options Exchange will begin listing Options on the Russell 2000 [Symbol: RUT] per the below rollout schedule.
RUT Options listed on BZX Options will reside exclusively on new matching unit 33. Please click the title for more details.
September 28, 2018
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Reminder: Cboe BZX Options to List Russell 2000 Index Options
Cboe is pleased to announce the BZX Options Exchange will begin listing Options on the Russell 2000 [Symbol: RUT] per the below rollout schedule.
RUT Options listed on BZX Options will reside exclusively on new matching unit 33. Please click the title for complete details.
September 27, 2018
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Restrictions on Transactions in Netlist, Inc. (NLST) on Cboe Options Exchange
Effective September 26, 2018, Netlist, Inc. (NLST) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol NLST. Therefore, trading in NLST options will be subject to restrictions. Please click the title for complete details.
September 27, 2018
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Restrictions on Transactions in Advantage Oil & Gas, Ltd. (AAV) on Cboe Options Exchange
Effective September 24, 2018, Advantage Oil & Gas, Ltd. (AAV) was delisted from the NYSE and moved its listing to the Other-OTC Market under the symbol AAV. Therefore, trading in AAV options will be subject to restrictions. Please click the title for complete details.
September 24, 2018
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Cboe Town Hall - PAR 2.0
Cboe Market Structure and Functionality (MSF) and Trading Floor Operations will be hosting the second Town Hall meeting to provide further details related to the PAR redesign, or PAR 2.0. The new application platform will be demonstrated, with the focus at this meeting on Complex order functionality. Trading Permit Holders and Compliance Officers are strongly encouraged to attend. Please click title for complete details.
September 20, 2018
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Cboe Options Exchange FLEX Enhancement to Support 100 Legs
Cboe Options Exchange is pleased to announce beginning October 1, 2018 the CFLEX Trading Platform will support FLEX spread orders with up to 100 legs. Formerly, the platform supported spread orders with a maximum of 8 legs. Please click the title for complete details.
September 20, 2018
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Bid-Ask Differentials for TLRY on Cboe Options Exchange
Effective September 20, 2018 and through market close October 19, 2018, the maximum bid-ask differentials for electronic quotes (intraday and opening rotation) on Cboe Options Exchange for TLRY have been modified. Please click the title for complete details.
September 20, 2018
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Cboe Options Maximum Bid-Ask differentials- Double Width TLRY
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Flu Shots for Cboe Options Exchange Trading Permit Holders (“TPHs”) and Employees
Flu inoculations will be held for one (1) day only on Thursday, September 13, 2018 from 7:30 AM until 4:00 PM. Passport Health will be administering the shot on-site in conference room 4A at Cboe Options Exchange. Please click the title for complete details.
September 12, 2018
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Cboe Options Exchange VIX GTH LMM Solicitation
Cboe Exchange, Inc. (“Cboe Options”) will be accepting applications from interested Trading Permit Holders for the Lead Market-Maker (“LMM”) role in the Global Trading Hours (“GTH”) session for VIX options (including VIX weekly options). Please click the title for further details.
September 11, 2018
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Cboe Options Exchange Announces QCC with an Underlying Security Leg, Improved Pricing Precision on Complex Orders with an Underlying Security Leg
Cboe Options Exchange, Inc. (“Cboe Options”) is pleased to announce the rollout of two modifications:
1) Qualified Contingent Cross (QCC) transactions will be allowed to include an underlying security leg.
2) Complex orders with an underlying security leg will be allowed to have a price with four decimal places.
Rollout is expected to be completed on September 18, 2018.
Functionality for both of these new features is available on Pulse. Please see Pulse Release Notice for details. Please click the title for complete details.
September 10, 2018
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Discontinuation of Order Entry on Order Management Terminal (OMT)
As of September 17, 2018, the Cboe Options Exchange (“Cboe Options”) plans to discontinue order entry functionality on Cboe Options Order Management Terminals (OMTs). Please click the title for complete details.
September 10, 2018
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Pulse Trader Workstation Enhancement Release 4.12.0
Beginning the week of September 10, 2018, Cboe will begin rollout of the PULSe Trader Workstation enhancements described below. PULSe users will be notified in advance of the rollout to their specific terminals. Please click the title for complete details.
September 7, 2018
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Cboe Options Exchange to List Friday-Expiring Weekly Options on the MSCI EAFE Index and MSCI Emerging Markets Index - Update
Cboe Options Exchange previously announced it planned to reschedule the listing of Friday-Expiring Weekly options on the MSCI EAFE Index (option symbol: MXEA) and MSCI Emerging Markets Index (option symbol: MXEF). The new listing date for Friday-Expiring Weekly options on MXEA and MXEF is Thursday, September 6, 2018. Please click the title for complete details.
August 30, 2018
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Cboe Options to Postpone listing of Friday-Expiring Weekly Options on the MSCI EAFE Index and MSCI Emerging Markets Index
Cboe Options to Postpone listing of Friday-Expiring Weekly Options on the MSCI EAFE Index and MSCI Emerging Markets Index until further notice. Please click the title for complete details.
August 29, 2018
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Cboe to Observe Moment of Silence on Monday, August 27, 2018
Cboe will join other market participants in observing a one minute moment of silence at 9:20 a.m. ET this morning to pay respect to Senator John McCain. While trading will not be affected, we encourage market participants to join us in silent tribute to the Senator, naval bomber pilot, Vietnam veteran, and former presidential candidate.
August 27, 2018
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Cboe Options Exchange to List Friday-Expiring Weekly Options on the MSCI EAFE Index and MSCI Emerging Markets Index
On Thursday, August 30, 2018, Cboe Options Exchange will begin listing Friday-Expiring Weekly options on the MSCI EAFE Index and MSCI Emerging Markets Index. Please click on the title for complete details..
August 24, 2018
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Restrictions on Transactions in Super Micro Computer, Inc. (SMCI) on Cboe Options Exchange
Effective August 22, 2018, Super Micro Computer Inc. (SMCI) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol SMCI.
Therefore, trading in SMCI options commencing on August 24, 2018, will be subject to restrictions.
August 23, 2018
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Cboe Options Exchange AIM Complex Customer-to-Customer Immediate Crosses – 2nd Update
The rollout of AIM Complex Customer-to-Customer immediate crosses for all AIM-eligible option classes during Regular Trading Hours (RTH) and Global Trading Hours (GTH) on the Cboe Options Exchange has been extended and is targeted to be completed by September 5, 2018. Please click the title for complete details.
August 22, 2018
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2019 Trading Schedule for FTSE 100 Mini-Index Options (UKXM)
Pursuant to Rule 24.6.06, the Exchange may determine to not open for trading options on foreign indexes when the component securities of the foreign index trade in a single country and the component securities are not trading due to a holiday on the applicable foreign exchange(s). Please click the title for complete details.
August 17, 2018
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January LEAP Series Listing Schedule
As announced in Cboe Options Regulatory circular RG17-185 , on December 7, 2017 the Securities and Exchange Commission (“SEC”) approved an Options Listing Procedures Plan (“OLPP”) rule filing submitted by the Exchange... This year the 2021 January LEAP series for all eligible equity, ETF and TIR options will be added on September 17, 2018. Please click the title for complete details.
August 17, 2018
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Cboe Town Hall - PAR 2.0
Market Structure and Functionality (MSF) and Trading Floor Operations will host the first of two Town Hall meetings to provide details related to the PAR redesign, or PAR 2.0. The new application platform will be demonstrated, with the focus at this first meeting on the UX (User Experience) and simple order functionality. Trading Permit Holders and Compliance Officers are strongly encouraged to attend. Please click the title for complete details.
August 16, 2018
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Cboe Options Exchange AIM Complex Customer-to-Customer Immediate Crosses - Update
The rollout of AIM Complex Customer-to-Customer immediate crosses for all AIM-eligible option classes traded during Regular Trading Hours (RTH) and Global Trading Hours (GTH) on the Cboe Options Exchange has been extended and is expected to be completed by August 24, 2018. Please click title for complete details.
August 14, 2018
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Clearing Trading Permit Holder Give Up Authorization
On August 7, 2018, Cboe Exchange, Inc. (the “Exchange” or “Cboe Options”) submitted a rule filing to the Securities and Exchange Commission (“SEC”) to amend Cboe rules governing the process in which a Trading Permit Holder (“TPH”) “gives up” or selects the Clearing Trading Permit Holder (“CTPH”) responsible for the clearance of an Exchange transaction (SR-CBOE-2018-055). Please click the title for complete details.
August 14, 2018
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Restrictions on Transactions in Hill International, Inc. (HIL) on Cboe Options Exchange
Effective August 14, 2018, Hill International Inc. (HIL) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol HILI. Therefore, trading in HILI options will be subject to restrictions.
August 14, 2018
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URL Change for Market Access Portal (MAP) Online Appointment System
Currently, Cboe Trading Permit Holders (TPHs) make appointment and bandwidth changes and conduct other Membership functions online using the Market Access Portal (MAP) located at https://appointments.cboe.com. Beginning August 1, 2018, access to MAP will transition to https://map.cboe.com. Please click the title for complete details.
July 30, 2018
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Cabinet and Sub-penny Cabinet Trades on Cboe Options
Beginning July 26, 2018, Cboe Exchange, Inc. (“Cboe Options”) will no longer allow the trading of Cabinet orders via paper tickets and will no longer allow Cabinet trades at prices below $1 per contract. Please click the title for complete details.
July 25, 2018
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Symbol Change for MSCI EAFE and MSCI Emerging Markets Index Options
Effective July 31, 2018, Cboe Options in conjunction with the OCC plans to change the symbol for existing MSCI EAFE (option symbol: MXEA) and MSCI Emerging Markets (option symbol: MXEF) Index Options. Please click the title for complete details.
July 24, 2018
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Conversion of Open Interest in FLEX Quarterly, Short-term, EOW, and EOM Option Series to the Non-FLEX Series
OCC and Cboe Options Exchange each recently amended its rules to allow for conversion of open interest in FLEX quarterly, short-term, weekly, and EOM series into open interest in the corresponding non-FLEX series that is listed for trading…. Beginning Tuesday evening August 21, 2018, OCC will convert open interest in FLEX quarterly, short-term, weekly, and EOM series into open interest in the corresponding non-FLEX series, if such non-FLEX series is listed for trading. Please click the title for complete details.
July 20, 2018
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Quarterly Rebalance of Option Class Tiers and Online Appointment System Reminder
The Exchange rebalances the option class appointment cost tiers every calendar quarter based on national average daily volume (ADV), excluding the “AA” tier, which may result in additions or deletions to each tier’s composition. Please click the title for complete details.
July 11, 2018
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House Passes the Options Market Stability Act
As you well know, Cboe has operated at the vanguard of the U.S. options industry, creating new products, promoting education and advocating for vibrant markets since our foundation in 1973. Most recently, we wrote to inform you of a letter we sent to the Securities and Exchange Commission that seeks to focus our collective efforts on the further development of this vital marketplace.
We are reaching out again to let you know of a decisive legislative victory achieved last night in the U.S. House of Representatives. The Options Market Stability Act, H. R. 5749, passed with a unanimous bipartisan vote of 385-0. Please click the title for complete details.
July 11, 2018
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PULSe Trader Workstation Enhancement Release 4.11.0
A new PULSe Trader Workstation release will be rolled out beginning the week of July 2, 2018. PULSe users will be notified in advance of the rollout to their specific terminals. The enhancements in this release are described below. Please click the title for complete details.
July 3, 2018
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Cboe Options Exchange Fee Schedule Update Effective July 2, 2018
This notice explains changes to the Fee Schedule for Cboe Exchange, Inc. (“Cboe Options” or the “Exchange”). Subject to regulatory review, the changes summarized below will be effective July 2, 2018. Please click the title for complete details.
June 29, 2018
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Restrictions on Transactions in Anthera Pharmaceuticals, Inc. (ANTH) on Cboe Options Exchange
Effective June 28, 2018, Anthera Pharmaceuticals, Inc. (ANTH) was delisted from the NASDAQ. Please click the title for complete details.
June 27, 2018
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Small Order Preference for Proprietary Classes
Per Cboe Exchange, Inc. (“Cboe Options”) Rule 6.45(a)(ii)(C), electronic order trade allocation currently allows a “small order preference” overlay wherein, if activated, orders with an original volume of 5 or fewer contracts are executed with the DPM or LMM, as applicable, after all priority customer orders at the same price are traded. This small order preference is currently in place for all classes traded on Cboe Options which have an electronic DPM or LMM. Please click the title for complete details.
June 27, 2018
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Reminder: Independence Day Closure Impact on Weekly VIX Options Expiring During First Week of July
The last day of trading for the weekly Cboe Volatility Index (VIX) option contract that expires during the first week in July 2018 will be on Monday, July 2, 2018 and the settlement date for this weekly VIX option contract will be on Tuesday, July 3, 2018. Please click the title for complete details.
June 25, 2018
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Cboe Holiday Reminder – Closed on Wednesday, July 4, 2018 and Closing Early on Tuesday, July 3, 2018
Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will be closed on Wednesday, July 4, 2018 in observance of Independence Day and will be closing early on Tuesday, July 3, 2018. Please click on the title for complete details.
June 25, 2018
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Cboe Holiday Reminder – Closed on Wednesday, July 4, 2018 and Closing Early on Tuesday, July 3, 2018
Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will be closed on Wednesday, July 4, 2018 in observance of Independence Day and will be closing early on Tuesday, July 3, 2018. Please click on the title for complete details.
June 25, 2018
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Penny Pilot Program – Replacement Classes to be added on July 3, 2018
Effective Tuesday, July 3, 2018, the Cboe Options Exchanges (Cboe, C2, BZX and EDGX Options) will replace five delisted issues in the Penny Pilot with the next most active, multiply-listed issues not yet in the Penny Pilot Program. Please click the title for complete details.
June 22, 2018
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Rejection of All-or-None (“AON”) Orders in Proprietary Option Classes on Cboe – Update
The functionality to systematically reject AON orders in proprietary classes, announced in Cboe Exchange Inc. (“Cboe Options”) Regulatory Circular RG17-155 , was implemented on April 9, 2018. This Exchange Notice updates the previously issued Regulatory Circular to clarify that AON orders are not permitted at all in proprietary classes traded on Cboe Options. This means not only will the system reject electronic AON orders in these classes, but also that floor brokers are prohibited from representing AON orders in these classes in open outcry. Please click the title for complete details.
June 21, 2018
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Summary of Recent and Upcoming Modifications to Openings on the Cboe Options Exchange
Beginning at the end of Q1 2018 and continuing into the next quarter, Cboe Exchange, Inc. (“Cboe Options”) has implemented and will continue to implement enhancements and modifications intended to improve certain attributes of the opening process. Please click the title for complete details.
June 19, 2018
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Modifications to the General Opening Sequence of Series in Option Classes Traded on the Cboe Options Exchange
Cboe Exchange, Inc. (“Cboe Options”) is pleased to announce that beginning July 16, 2018, modifications to the sequence in which the system opens series in an options class will be introduced. Please click the title for complete details.
June 19, 2018
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Cboe Options Exchange Opening Timer Updates
Beginning June 18, 2018, adjustments will be made to several timers used by Cboe Options Exchange (“Cboe Options”) in its automated opening process. The changes will be rolled out for all option classes traded on Cboe Options during both Regular Trading Hours (RTH) and Global Trading Hours (GTH). Rollout is expected to be complete by June 25, 2018. Please click the title for complete details.
June 15, 2018
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Trading Location Change of MSCI on Cboe Options Exchange
Effective Monday, June 18, 2018, the trading location of the MSCI EAFE Index (MXEA) and MSCI Emerging Market Index (MXEF) on Cboe Options Exchange (“Cboe Options”) will change from Post 5 Station 10 to Post 12 Station 1. Please click the title for complete details.
June 15, 2018
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Reminder: Cboe Global Markets to Introduce Cboe Opening Auction Feed Effective July 9, 2018
As previously announced, Cboe Global Markets will be introducing the Cboe Opening Auction Feed, which will be launched on Cboe Options Exchange (“Cboe Options”) effective Monday, July 9, 2018. Please click on the title for complete details.
June 15, 2018
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Restrictions on Transactions in China Zenix Auto International Limited (ZX) on Cboe Options Exchange
Effective June 15, 2018, China Zenix Auto International Limited (ZX) was delisted from the NYSE and moved its listing to the Other-OTC Market under the symbol ZX. Therefore, trading in ZX options will be subject to restrictions. Please click on the title for complete details.
June 14, 2018
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Frequent Trader ID Field Re-activation on Cboe Trade Match (CTM) Terminal
Effective Monday, June 18, 2018, the Frequent Trader ID field enhancement will be re-activated on the Cboe Options Exchange CTM terminal trade browse screen. Please click on the title for complete details.
June 14, 2018
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PAR Redesign (PAR 2.0) Update
As previously announced, Cboe Options will launch a redesign of its Public Automated Routing (PAR) application in Q4 2018. The new platform, called PAR 2.0, incorporates a new GUI user experience (UX), new functionality and will interact with the Cboe legacy system. Installation of new hardware to support PAR has already been completed. Please click the title for complete details.
June 14, 2018
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Cboe Options Exchange Selects MSCI Lead Market-Maker
Cboe Options Exchange (“Cboe Options”) is pleased to have selected Susquehanna Securities as the Lead Market-Maker (“LMM”) in the Regular Trading Hours (“RTH”) session for the MSCI EAFE Index (MXEA) and MSCI Emerging Markets Index (MXEF). Susquehanna’s appointment will begin on June 12, 2018. Please click the title for complete details.
June 11, 2018
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Cboe Equities and Options Exchanges Market Wide Circuit Breaker Testing Opportunity on Saturday, June 16, 2018
In coordination with the Security Information Processors (SIPs) Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will be participating in the Quarterly SIP failover and Market-wide Circuit Breaker (MWCB) test on Saturday, June 16, 2018 between 9:00 am and 11:30 am ET. Please click the title for complete details.
June 5, 2018
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Restrictions on Transactions in Pengrowth Energy Corporation (PGH) on Cboe Options Exchange
Effective June 4, 2018, Pengrowth Energy Corporation (PGH) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol PGHEF. Therefore, trading in PGHEF options will be subject to restrictions. Please click on the title for complete details.
June 4, 2018
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Semi-Annual Account Administrator Attestation
Effective starting July 1, 2018, Cboe Global Markets will begin performing a semi-annual validation to confirm customer’s designated Account Administrators are accurate and up to date. A weekly reminder email will be sent to each Account Administrator starting four weeks prior to the attestation deadline. Only one Account Administrator is required to complete the attestation for each firm, and once completed, the reminder emails will cease. If the attestation has not been completed by the deadline, then all Account Administrator privileges will be removed for the firm, and the firm will be required to work with Cboe Membership Services to setup new Account Administrators. Please click the title for complete details.
June 4, 2018
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Order by Order FIX Drop by OCC Clearing Number for Cboe Options Exchanges
Effective June 8, 2018, Cboe BZX Options Exchange, EDGX Options Exchange and C2 Options Exchange will be releasing support for providing ODrop data by OCC Clearing Number. Presently, ODrop data filtering may be done by EFID, EFID Owner, Port Owner, and Logical Session. Please click the title for complete details.
June 1, 2018
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Cboe C2 Options Exchange Fee Schedule Changes Effective June 1, 2018
As previously announced, effective Friday, June 1, 2018, the Cboe Global Markets Fee Schedule will be amended for C2 Physical Connectivity and C2 Market Data Connectivity, subject to regulatory review.
Please review the previous notice for detail regarding the changes. Please click the title for complete details.
May 31, 2018
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Technology and New Products (“TNP”) Meeting Update
Cboe offers a monthly TNP conference call for Cboe customers that has focused mainly on technology and business topics of interest to Trading Permit Holders (“TPHs”) trading on Cboe options exchanges (i.e. Cboe Options, C2 Options, BZX Options and EDGX Options) and Cboe Futures Exchange (“CFE”). Going forward, Cboe plans to expand the range of topics to include trading on Cboe’s BZX, BYX, EDGA and EDGX equities exchanges as well as other Cboe product offerings. Please click the title for complete details.
May 31, 2018
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Operational Setting Changes for Cboe Options Acceptable Price Range (APR) and Opening Exchange Prescribed Width (OEPW) Update
On May 4, 2018, Cboe Options issued a Notice announcing changes to the operational system settings for the option classes whose series are used to calculate exercise settlement values for expiring volatility index derivatives on their respective expiration dates. Cboe Options implemented the changes to those settings on May 16, 2018. This Notice updates certain information in that previously issued Notice, but is not changing any operational settings. Please click the title for complete details.
May 25, 2018
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Restrictions on Transactions in Longfin Corp. (LFIN) on C2 Options Exchange
Effective May 23, 2018, Longfin Corp. (LFIN) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol LFIN. Therefore, trading in LFIN options will be subject to restrictions. Please click on the title for complete details.
May 23, 2018
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Restrictions on Transactions in Longfin Corp. (LFIN) on Cboe Options Exchange
Effective May 23, 2018, Longfin Corp. (LFIN) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol LFIN. Therefore, trading in LFIN options will be subject to restrictions. Please click on the title for complete details.
May 23, 2018
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Reminder: Cboe Options Exchange Market Maker Complex Orders in VIX
As described in the April 18 Exchange Notice, beginning May 21, 2018, pursuant to Rule 6.53C(c), Cboe Exchange, Inc. (“Cboe Options”) will allow intra-day Market-Maker complex orders to rest in the Complex Order Book (COB) in option symbol VIX in certain specific circumstances. Please click the title for complete details.
May 16, 2018
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Restrictions on Transactions in RAIT Financial Trust (RAS) on Cboe Options Exchange
Effective May 14, 2018, RAIT Financial Trust (RAS) was delisted from the NYSE. Therefore, trading in RAS options will be subject to restrictions. Please click on the title for complete details.
May 14, 2018
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Restrictions on Transactions in LiNiu Technology Group (LINU) on Cboe Options Exchange
Effective May 14, 2018, LiNiu Technology Group (LINU) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol LINUF. Therefore, trading in LINUF options will be subject to restrictions. Please click on the title for complete details.
May 14, 2018
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Restrictions on Transactions in Synchronoss Technologies, Inc. (SNCR) on Cboe Options Exchange
Effective May 14, 2018, Synchronoss Technologies, Inc. (SNCR) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol SNCR. Therefore, trading in SNCR options will be subject to restrictions. Please click on title for complete details.
May 14, 2018
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Notice Regarding Cboe Connectivity Services Agreement and Extranet Addendum
In connection with the migration of Cboe C2 Exchange, Inc. (“C2”) to the Bats technology platform scheduled for May 14, 2018, the Connectivity Services Agreement and the Extranet Addendum to the Connectivity Services Agreement (collectively, the “Agreement”) has been partially assigned to C2 and subsequently amended. Please click the title for complete details.
May 11, 2018
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PULSe Trader Workstation C2 Access Enhancement Release 4.10.0
The PULSe application has been enhanced to incorporate the required routing modifications for PULSe users with Cboe C2 Options Exchange Trading Permits to route to C2 upon its migration to Bats Technology on May 14, 2018. PULSe users will be notified in advance of the rollout to their specific terminals. Please click the title for complete details.
May 11, 2018
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Restrictions on Transactions in EV Energy Partners, L.P. (EVEP) on Cboe Options Exchange
Effective May 11, 2018, EV Energy Partners, L.P. (EVEP) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol EVEPQ. Therefore, trading in EVEPQ options will be subject to restrictions. Please click on the title for complete details.
May 11, 2018
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Reminder: Time Interval Decrease for Expected Opening Information Messages for Cboe Options Exchange
Beginning May 9, 2018, Cboe Exchange, Inc. (“Cboe Options”) will roll out a decrease in the time interval between expected opening information (“EOI”) messages that are disseminated by the System during the pre-open. Please click the title for complete details.
May 8, 2018
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Time Interval Decrease for Expected Opening Information Messages
Beginning May 9, 2018, Cboe Exchange, Inc. (“Cboe Options”) will roll out a decrease in the time interval between expected opening information (“EOI”) messages that are disseminated by the System during the pre-open. EOIs contain information based on resting orders and quotes in the Book, which may include the expected opening price (“EOP”), the expected opening size (“EOS”), any reason why a series may not open (e.g., no quote, opening trade price would be outside OEPW range) and any imbalance information, including the size and side of an imbalance. Please click the title for complete details.
May 7, 2018
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Operational Setting Changes for Cboe Options Acceptable Price Range (APR) and Opening Exchange Prescribed Width (OEPW)
Effective Wednesday, May 16, 2018, Cboe Options will change the operational system settings for the option classes whose series are used to calculate exercise settlement values for expiring volatility index derivatives on their respective expiration dates. Please click the title for complete details.
May 4, 2018
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Updates to Cboe Global Markets, Inc. Privacy Notice and Policy
Updates to Cboe Global Markets, Inc. Privacy Policy.
Please click the title for complete details.
May 3, 2018
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Cboe Announces Availability of RSS Feed for Technical Specification Updates
Cboe is pleased to announce the availability of a RSS Feed that may be used to subscribe to technical specification updates. The feed is available for all technical specifications (including order entry and market data specifications) published to the markets.cboe.com website and includes specifications for the Cboe U.S. Equities, U.S. Options, and U.S. Futures Exchanges. To subscribe to the RSS Feed navigate to the “Technical Specifications” page for any market, and click the green RSS image at the top of the page. This will take you to the RSS feed and provide a URL that can be pasted into any RSS reader. Please click the title for complete details.
May 2, 2018
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Cboe Options Exchange Fee Schedule Update Effective May 1, 2018
Effective May 1, 2018, the Exchange will no longer be assessing the $0.30 per contract Marketing Fee on transactions in RUT, subject to regulatory approval. Please click title for complete details.
April 30, 2018
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BZX Options, EDGX Options, C2 Options and CFE to Add Optional Mass Cancel ID, Change Length of Binary Protocol Purge Rejected Message
BZX Options Exchange, EDGX Options Exchange, C2 Options Exchange and CFE are pleased to announce the addition of MassCancelId as an optional bitfield on Binary Order Entry (BOE) Purge Rejected messages effective on the dates in the Rollout Schedule below. The MassCancelId, if sent, will allow customers to tie a Purge Rejected message back to a Purge Orders request.
Important: The addition of an optional bitfield will change the length of the Purge Rejected message in BOE across all four exchanges, even if the new optional bitfield is not requested on Login. Please click the title for complete details.
April 26, 2018
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Restrictions on Transactions in Erin Energy Corp. (ERN) on Cboe Options Exchange
Effective April 26, 2018, Erin Energy Corp. (ERN) was delisted from the AMEX. Therefore, trading in ERN options will be subject to restrictions. Please click on the title for complete details.
April 26, 2018
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Restrictions on Transactions in Argos Therapeutics, Inc (ARGS/ARGS1) on Cboe Options Exchange
Effective April 24, 2018, Argos Therapeutics, Inc (ARGS) was delisted from the NASDAQ. Therefore, trading in adjusted symbol ARGS1 options will be subject to restrictions. Please click on the title for complete details.
April 25, 2018
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Restrictions on Transactions in Westmoreland Coal Company (WLB/WLBA) on Cboe Options Exchange
Effective April 24, 2018, Westmoreland Coal Company (WLB) was delisted from the NASDAQ and moved its listing to the Other-OTC Market under the symbol WLBA. Therefore, trading in WLBA options will be subject to restrictions. Please click on the title for complete details.
April 25, 2018
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April 2018 Compression Forum Update
Pursuant to Rule 6.56, Cboe Exchange, Inc. (“the Exchange”) holds open outcry compression forums... Beginning on April 25, 2018, participating firms will be able to select an unmask preference on the Compression Forum Manager (“CFM”) Dashboard page.
April 24, 2018
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Letter from Ed Tilly and Chris Concannon
Letter from Ed Tilly and Chris Concannon regarding the VIX Index. Please click on the title for complete details.
April 23, 2018
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Letter from Ed Tilly and Chris Concannon
Letter from Ed Tilly and Chris Concannon regarding the VIX Index. Please click on the title for complete details.
April 23, 2018
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Market Maker Complex Orders in VIX
Beginning May 21, 2018, pursuant to Rule 6.53C(c), Cboe Exchange, Inc. (“Cboe Options”) will allow intra-day Market-Maker complex orders to rest in the Complex Order Book (COB) in option symbol VIX in certain specific circumstances. Please click the title for complete details.
April 18, 2018
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Cboe to Observe Moment of Silence on Wednesday, April 18, 2018
Cboe will join other market participants in observing a one minute moment of silence at 9:20 a.m. ET to pay respect to Barbara Bush. While trading will not be affected, we encourage market participants to join us in silent tribute to the former first lady.
April 18, 2018
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Cboe Options Exchange Fee Schedule Update Effective April 16, 2018
Effective Monday, April 16, 2018, Cboe will introduce the following pricing change on the Cboe Options Exchange, subject to regulatory approval. Please click title for complete details.
April 16, 2018
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Cboe Options Exchange PAR Enhancements – Complex Order Sweep; Trade Individual Legs of a Complex Order
Beginning April 16, 2018, a rollout of the following PAR enhancements for Cboe Options Exchange will commence:
Complex Order Sweep - will permit a PAR user to sweep orders in the single-leg (simple) and complex order books based on the price of the PAR order. Note the Sweep function is not applicable to orders that include a stock leg.
Trade Individual Legs of a complex order – will allow the PAR user to more easily trade a leg of a PAR complex order with the simple book.
Please click the title for complete details.
April 13, 2018
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Restrictions on Transactions in Various Barclays ETN Options on Cboe Options Exchange
Effective after the close of trading on April 12, 2018, Barclays Bank PLC delisted certain existing commodity ETNs from the NYSE Arca exchange. Please click on the title for complete details.
April 13, 2018
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Frequent Trader ID Field Inactivated on Cboe Trade Match (CTM) Terminal
Effective Friday, April 13, 2018, the Frequent Trade ID field enhancement which was introduced on March 19, 2018, will be inactivated. Please click the title for complete details.
April 12, 2018
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Restrictions on Transactions in NTT DOCOMO, Inc (DCM) on Cboe Options Exchange
Effective April 12, 2018, NTT Docomo, Inc (DCM) was delisted from the NYSE and moved its listing to the Other-OTC Market under the symbol DCMYY. Please click on the title for complete details.
April 12, 2018
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EDGX Options and CFE to Populate CumQty on Leg Fills Related to Complex Executions
Cboe EDGX Options Exchange and Cboe Futures Exchange (“CFE”) are pleased to announce the release of new functionality that will allow for CumQty (FIX Tag 14) to be populated on leg fills related to complex executions. Currently, the CumQty field is zero-filled for all such executions. This change will also be applied to the new C2 Options platform operating on Bats technology which is launching on May 14, 2018, subject to regulatory review. Please click the title for complete details.
April 10, 2018
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Corporate Action for Various Barclays ETN Options
The Options Clearing Corporation (OCC) has informed BZX, Cboe, C2 and EDGX Options Exchanges (“The Exchanges”) that Barclays Bank PLC plans to delist certain existing commodity ETNs (“Existing ETNs’) from the NYSE Arca exchange after the close of trading on April 12, 2018. Please click on the title for complete details.
April 10, 2018
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SPX Conversion to Hybrid Town Hall Discussion
Market Structure and Functionality (MSF) will host a second Town Hall meeting to provide details related to the SPX conversion to Hybrid. Trading Permit Holders including Market-Makers, PAR Brokers, and Compliance Officers are strongly encouraged to attend. Please click the title for complete details.
April 6, 2018
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PULSe Trader Workstation Enhancement Release 4.9.0
A Cboe Exchange Notice issued on March 2, 2018, announced updates to system functionality scheduled for activation the 2nd quarter of 2018 pending rule approval. These functional enhancements include:
Qualified Contingent Cross (QCC) orders with an equity leg
Improved pricing precision on complex orders with an equity leg
A separate Cboe Exchange Notice will be issued announcing a specific effective date for these enhancements. Please click the title for complete details.
April 6, 2018
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Cboe Trade Floor Power Modifications
The Cboe Facilities and Technology departments have jointly been working to modify and enhance the electrical utility sourced power to the Trading Floor. On Friday, April 20, 2018, the Facilities Department will facilitate the second phase of the Trading Floor power transition. Please click on the title for complete details.
April 6, 2018
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Listing of Options on Spotify Technology, SA (SPOT)
Cboe, C2, BZX and EDGX Options Exchanges (“The Exchanges”) plan to list options on Spotify Technology, SA. (SPOT). Please click on the title for complete details.
April 5, 2018
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Restrictions on Transactions in Celadon Group, Inc. (CGIP) on Cboe Exchange
Effective April 4, 2018, Celadon Group, Inc. (CGIP) was delisted from the NYSE. Therefore, trading in CGIP options will be subject to restrictions. Please click on the title for complete details.
April 4, 2018
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Restrictions on Transactions in Orexigen Therapeutics Inc. (OREXQ) on Cboe and C2 Exchanges
Effective April 4, 2018, Orexigen Therapeutics Inc. (OREXQ) was delisted from the NASD. Therefore, trading in OREXQ options will be subject to restrictions. Please click on the title for complete details.
April 4, 2018
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Cancellation of Good-Till-Cancel (“GTC”) All-or-None (“AON”) Orders in Proprietary Option Classes on Cboe
In conjunction with the planned disallowance of AON orders in Cboe Options (“Cboe”) proprietary classes, announced in the Trade Desk Notice dated March 22, 2018, Cboe will initiate cancellations of resting GTC AON orders in Regular Trading Hours (RTH) beginning April 6, 2018. Rejection of incoming RTH AON orders will be implemented the day following the cancellation of GTCs. Please click on the title for complete details.
April 4, 2018
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Cboe Options Exchange Fee Schedule Update Effective April 2, 2018
Effective Monday, April 2, 2018, Cboe will introduce the following pricing change on the Cboe Options Exchange, subject to regulatory approval. Please click on the title for complete details.
April 2, 2018
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Important C2 Options Exchange Integration Update Reminder
Cboe C2 Options Exchange (“C2”) is pleased to announce integration remains on track for a May 14, 2018 migration to Bats technology, subject to regulatory review. All milestones have been achieved on target, all weekend and weekday tests have been successful, and as the new platform go-live date quickly approaches, the Cboe team continues to work hard to ensure C2 customer readiness. Please click the title for complete details.
March 29, 2018
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Restrictions on Transactions in Willbros Group, Inc (WG) on Cboe, C2, BZX and EDGX Options Exchanges
Effective March 27, 2018, Willbros Group, (WG) was delisted from the NYSE. Therefore, trading in WG options will be subject to restrictions. Please click on the title for complete details.
March 27, 2018
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Restrictions on Transactions in CCUR Holdings, Inc (CCUR) on Cboe, C2, BZX and EDGX Options Exchanges
Effective March 27, 2018, CCUR Holdings, (CCUR) was delisted from the NASDAQ. Therefore, trading in CCUR options will be subject to restrictions. Please click on the title for complete details.
March 27, 2018
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SPX Conversion to Hybrid Platform - Update
Effective April 30, 2018, Cboe Exchange, Inc. (“Cboe Options”) will convert A.M.-settled SPX options series currently traded on the Hybrid 3.0 trading platform during Regular Trading Hours (RTH) to the standard Hybrid trading platform. The symbol for these series will remain SPX. Please click the title for complete details.
March 23, 2018
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Cboe Options Fingerprint Processing Changes
Cboe Exchange, Inc. (“Cboe Options” or the “Exchange”) will be implementing several changes to the way fingerprints are processed and disseminated to Trading Permit Holders and their employees (collectively, “TPHs”) effective immediately. Please click the title for complete details.
March 22, 2018
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Rejection of All-or-None (“AON”) Orders in Proprietary Option Classes on Cboe - Update
The functionality rollout to systematically reject AON orders in proprietary classes, announced in Cboe Exchange Inc. (“Cboe Options”) Regulatory Circular RG17-155 , has been delayed from April 2, 2018 and will commence on April 9, 2018. Please click the title for complete details.
March 22, 2018
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Cboe Holiday Reminder – Closed on Friday, March 30, 2018
Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will be closed on Friday, March 30, 2018 in observance of Good Friday. Please click on the title for complete details.
March 21, 2018
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March 2018 Compression Forum Update
After receiving TPH feedback, Cboe Exchange, Inc. (“the Exchange”) has, pursuant to Rule 6.56, increased the frequency of compression forums. Beginning on March 23, 2018, the Exchange will hold open outcry compression forums from 10:00 am CT to 2:00 pm CT on the last business day of each week, the final three business days of each non-quarterly month (i.e., JAN, FEB, APR, MAY, JUL, AUG, OCT, and NOV), and the final five business days of each quarterly month (i.e., MAR, JUN, SEP, and DEC). Please click on the title for complete details.
March 20, 2018
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Solicitation for MSCI Lead Market-Makers (“LMM”)
Cboe Exchange, Inc. (“Cboe Options”) will be accepting applications by qualifying Trading Permit Holders for the Lead Market-Maker (“LMM”) role in the Regular Trading Hours (“RTH”) session for options on the MSCI EAFE Index (MXEA) and MSCI Emerging Markets Index (MXEF). Please click the title for complete details.
March 16, 2018
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Cboe Trade Floor Power Modifications
The Cboe Facilities and Technology departments have jointly been working to modify and enhance the electrical utility sourced power to the Trade Floor. On Friday, March 30, 2018 (Good Friday), the Facilities Department will facilitate the first phase of the Trade Floor power transition. Please click the title for complete details
March 15, 2018
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Frequent Trader ID Field Available on Cboe Trade Match (CTM) Terminal
Effective Monday, March 19, 2018, a new Frequent Trader ID (FTID) field will be available on the Cboe Options Exchange CTM terminal trade browse screen. This enhancement will allow Trading Permit Holders (TPHs) to add or modify FTID information on post-trade records for the current business day. Please click on the title for complete details.
March 15, 2018
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PAR Redesign (PAR 2.0) Announced
As part of its migration to Bats technology, Cboe Options is pleased to announce a redesign of its Public Automated Routing (PAR) application used by brokers on the Cboe Options trading floor to execute and manage orders. The new application will be called PAR 2.0. PAR 2.0 will introduce both a new user experience (UX) and functionality. PAR 2.0 will be launched in two phases. Please click the title for complete details.
March 8, 2018
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Execution Reports on Complex Orders with Stock
Cboe Exchange, Inc. (“Cboe Options”) will be implementing changes to address two current system behaviors related to execution reports on complex orders that include a stock leg. The changes are expected to be effective the week of March 26. Please click the title for complete details.
March 8, 2018
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Final Reminder: Cboe BZX and EDGX Options Exchanges to Introduce Multicast Top Feed
As part of the previously announced migration of the C2 Options Exchange to the Bats technology platform, the BZX Options and EDGX Options Exchanges will introduce a Multicast Top Feed for the single leg options book per the below Rollout Schedule. Please click the title for complete details.
March 8, 2018
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Cboe to Begin Automatic Removal of Unused Certification Logical Ports Effective March 15, 2018
Effective March 15, 2018, logical ports unused in the BZX Equities, BYX Equities, EDGX Equities, EDGA Equities, BZX Options, EDGX Options, and CFE Certification environments for the last four (4) months will be deleted. Furthermore, following the effective date the Exchanges will periodically perform a similar sweep for inactive Certification ports and remove any unused sessions automatically without notice. Cboe Options and C2 Options Certification logical ports will not be automatically deleted until those systems are fully migrated to Bats technology. Please click the title for complete details.
March 8, 2018
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Cboe Options Exchange Announces Support for QCC with an Equity Leg and Improved Pricing Precision on Complex Orders with an Equity Leg
Cboe Options Exchange (“Cboe Options”) is pleased to announce it will be implementing two updates to system functionality in the 2nd quarter of 2018, pending rule approval. QCC orders will be allowed to include a stock leg; and complex orders with a stock leg will allow the stock leg to have a price with four decimal places of precision. Please click the title for complete details.
March 2, 2018
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SPX Firm Acronym Appointment
Currently, Cboe Exchange, Inc. (“Cboe Options”) Market-Maker Trading Permit Holders (TPHs) are permitted to set up one or more SPX Universal Firm Acronyms (SPX-UFAs) to aggregate quote and order bandwidth allowances from multiple permits related to Market-Makers or quote/order bandwidth packets in SPX and/or SPXW. A SPX-UFA is used to allow a firm to conduct electronic business (i.e., auction responses, quotes and/or orders) using a constant acronym as well as to comply with SPX in-crowd obligations. The SPX-UFA is not attached to an actual trading permit and is not charged the SPX Tier Appointment fee. Please click the title for complete details.
March 1, 2018
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Solicitation for SPX Lead Market-Makers (“LMMs”) During Regular Trading Hours (“RTH”)
Cboe Options Exchange (“Cboe Options”) is accepting applications from qualifying Trading Permit Holders to serve as LMMs during the RTH session for options on the S&P 500 Index that are a.m.-settled with third-Friday of the month expirations (symbol SPX). These appointments will apply upon conversion of SPX options to the Hybrid trading platform. Please click on the title for more details.
February 27, 2018
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Reminder: Cboe BZX and EDGX Options Exchanges to Introduce Multicast Top Feed
As part of the previously announced migration of the C2 Options Exchange to the Bats technology platform, the BZX Options and EDGX Options Exchanges will introduce a Multicast Top Feed for the single leg options book per the below Rollout Schedule (pending regulatory review). Please click the title for complete details.
February 27, 2018
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Drill-Through Price Protection Settings Update
Cboe Options Exchange is updating the settings for the drill through price protection feature, which is designed to reduce the risk of extreme and potentially erroneous executions. The update will be installed Monday, February 26, 2018. Please click the title for complete details.
February 22, 2018
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Frequent Trader ID Field Displayed on C2 Trade Match (CTM) Terminal – Update
Effective Monday, February 26, 2018, a new Frequent Trader ID field will be displayed on the C2 Options Exchange (C2) CTM terminal trade browse screen. Currently this field is for display purposes only as the Frequent Trader ID Program is not yet in effect on C2. It is being displayed on the C2 CTM terminal to ensure consistency with the look and feel of the terminal display on both C2 and Cboe Options Exchanges. The Frequent Trader ID field is scheduled to rollout to the Cboe Options Exchange CTM terminal in the first quarter of 2018. Please click the title for complete details.
February 22, 2018
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PULSe Trader Workstation Enhancement Release 4.8.0
Rollout of the following PULSe enhancements will begin February 26, 2018.
- PULSe connectivity to Cboe Futures Exchange, LLC (“CFE”) on Bats technology
- Enhanced AIM Multi-Contra Support. Please click the title for complete details.
February 21, 2018
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February 2018 Compression Forum Update
Pursuant to Rule 6.56, the Cboe Exchange, Inc. (“the Exchange”) holds open outcry “compression forums” on the final three business days of every calendar month to facilitate closing transactions in series of S&P 500 Index options (i.e., SPX and SPXW) from 10:00 am CT to 2:00 pm CT. Please click the title for complete details.
February 21, 2018
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Frequent Trader ID field displayed on C2 Trade Match (CTM) terminal - Update
The C2 TradeMatch terminal implementation scheduled to be installed February 20th has been delayed. Please click the title for complete details.
February 20, 2018
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Monday-Expiring Weekly Options in SPY - Update
The Cboe Options Exchanges (Cboe, C2, BZX and EDGX Options Exchanges) filed to trade Weekly options on the SPDR S&P 500 ETF Trust (SPY) which expire on Mondays (SPY Monday-expiring Weekly options). The rule filing became effective upon filing on February 15, 2018. Thus, Cboe Options Exchanges will list for trading SPY Monday-expiring Weekly options effective February 16, 2018. Please click the title for complete details.
February 15, 2018
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Frequent Trader ID field displayed on C2 Trade Match (CTM) terminal effective February 20, 2018
Effective Tuesday, February 20, 2018, a new Frequent Trader ID field will be displayed on the C2 Options Exchange (C2) CTM terminal trade browse screen. Please click the title for complete details.
February 15, 2018
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Cboe Holiday Reminder – Closed on Monday, February 19, 2018
Cboe BYX Exchange, BZX Exchange, EDGA Exchange, EDGX Exchange, Cboe Options Exchange, C2 Options Exchange, BZX Options Exchange, and EDGX Options Exchange will be closed on Monday, February 19, 2018 in observance of Presidents’ Day. Normal trading will resume on Tuesday, February 20, 2018.
February 13, 2018
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PAR Enhancements
Rollout of the following PAR enhancements will begin February 13, 2018:
An improved method for trading a PAR order with customer book orders (TB), and,
Improved notification when the PAR order price is equal to the same side as resting customer book orders.
Please click the title for complete details.
February 8, 2018
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SPX Firm Acronym Appointment - Update
Due to market volatility the SPX Firm acronym (SFA) new functionality targeted to be installed February 12th has been delayed. A future notice will be disseminated announcing the installation date. Please refer to the previously-published notice for further information on this change. Please click the title for complete details.
February 8, 2018
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Cboe BZX and EDGX Options Exchanges to Increase Frequency of Symbol Mapping Messages within 5G-Shaped Multicast PITCH Feeds
The Cboe BZX and EDGX Options Exchanges will increase the frequency by which Symbol Mapping messages are sent over the 5 Gigabit-Shaped (“5G-Shaped”) single leg Multicast PITCH feeds per the Rollout Schedule below. The change will allow members who consume the 5G-Shaped Multicast PITCH feeds to receive the full list of symbols in approximately 5 minutes, and will allow for optimal distribution in situations where market data is susceptible to throttling as a result of high message burst rates. All 1 Gigabit-Shaped (“1G-Shaped”) feeds will continue to complete the full loop of Symbol Mapping messages in approximately 30 minutes.
February 7, 2018
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SPX Firm Acronym Appointment - Update
As a precaution due to market volatility, the SPX Firm Acronym (SFA) new functionality scheduled for February 5th has been delayed until February 12th. Please click the title for complete details.
February 2, 2018
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Cboe Options – February 1, 2018 Fee Changes
Currently, an additional monthly fee of $3,000 per month is assessed to any Floor Broker Trading Permit Holder (TPH) that executes more than 20,000 SPX contracts during the month. Effective February 1, 2018, pending SEC review, for multi-class broad based index option spreads with an SPX component executed by a Floor Broker, the SPX surcharge will not be applicable because these spread transactions also include non-SPX options. Please click the title for complete details.
February 2, 2018
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SPX Firm Acronym Appointment
Beginning February 5, 2018, SPX-UFAs will be renamed to SPX Firm Acronyms (SFAs) and new functionality will be implemented to allow TPHs to manage their SFA appointment via the Market Access Portal (MAP). Please click the title for complete details.
February 2, 2018
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SPX Conversion to Hybrid Town Hall Discussion
Trading Systems Development (TSD) will host a Town Hall meeting to provide details related to the SPX conversion to Hybrid. Trading Permit Holders including Compliance Officers, PAR brokers and Market-Makers are strongly encouraged to attend. Please click title for more details.
February 1, 2018
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Monday-Expiring Weekly Options in SPY
The Cboe Options Exchanges (Cboe, C2, BZX and EDGX Options Exchanges) plan to file to trade Weekly options on the SPDR S&P 500 ETF Trust (SPY) which expire on Mondays (SPY Monday-expiring Weekly options). Subject to rule filing effectiveness, Cboe, C2, BZX and EDGX Options anticipate listing SPY Monday-expiring Weekly options for trading on February 16, 2018. Please click the title for complete details.
February 1, 2018
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SPX Conversion to Hybrid Platform
As announced in RG17-136, Cboe Exchange, Inc. (“Cboe Options”) will be converting A.M.-settled SPX options series currently traded on the Hybrid 3.0 trading platform during Regular Trading Hours (“RTH”) to the standard Hybrid trading platform. The symbol for these series will remain SPX. Please click the title for complete details.
February 1, 2018
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Cboe BZX and EDGX Options Exchanges to Introduce Multicast Top Feed
As part of the previously announced migration of the C2 Options Exchange to the Bats technology platform, the BZX Options and EDGX Options Exchanges will introduce a Multicast Top Feed for the single leg options book per the below Rollout Schedule (pending regulatory review). Click the title for complete details.
January 30, 2018
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Trading Halt Notifications for Cboe and C2 Options Exchanges
Effective, February 1, 2018, Cboe and C2 Options Exchanges will discontinue the dissemination of option trading halt notifications via e-mail and text message. Please click the title for complete details.
January 30, 2018
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Stop Orders on Cboe Options
Beginning the week of Jan 29, with a rollout targeted to be completed February 2nd, Stop and Stop-Limit orders which can be triggered immediately upon receipt based upon the prevailing bid-ask on Cboe Options will be rejected back to the sender. Please click the title for complete details
January 26, 2018
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Cboe Options Exchange Announces Select Customer Options Reduction (“SCORe”) Program
This notice explains the new Select Customer Options Reduction (“SCORe”) program being introduced on Cboe Options Exchange. Please click the title for complete details.
January 26, 2018
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SPX Firm Acronym Appointment - Update
The SPX Firm Acronym (SFA) new functionality that had been announced with an installation date of January 29 has been delayed. Please refer to the notice published earlier this week for details on the change. A future notice will be disseminated when a new install date is known. Please click the title for complete details.
January 26, 2018
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SPX Firm Acronym Appointment
Beginning January 29, 2018, SPX-UFAs will be renamed to SPX Firm Acronyms (SFAs) and new functionality will be implemented to allow TPHs to manage their SFA appointment via the Market Access Portal (MAP). After clicking on the View Current Appointments button for an SFA within the Appointments tab, users will be able to select or deselect the SPX/SPXW class appointment for the SFA, as shown below.
Please click the title for complete details.
January 23, 2018
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Product Description for Wednesday Expiring Weekly Options in XSP
Commencing January 30, 2018, Cboe Exchange, Inc. (‘Cboe Options”) will list for trading Wednesday-expiring weekly options on the Mini-SPX Index (“XSP”), which is based on 1/10th the value of the Standard & Poor’s 500 Index. Please click the title for complete details.
January 23, 2018
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Change to Daily Closing Time for Options on Certain Exchange-Traded Products
Effective January 22, 2018, the Cboe Options Exchanges (Cboe, C2, BZX and EDGX Options) will be changing the daily closing time for options on certain exchange-traded products (ETPs) from 3:00 pm CT to 3:15 pm CT. Please click the title for complete details.
January 19, 2018
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Introducing PULSe Admin Web
Cboe is pleased to announce PULSe Admin Web, a risk management suite available to PULSe desktop users with Firm Administrator privileges. From PULSe Admin Web, Firm Administrators will have the ability to manage PULSe risk controls at the Firm, User, and Account levels, as well as run risk control reports. Please click the title for complete details.
January 18, 2018
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Cboe BZX and EDGX Options Exchanges to Introduce Multi-Day Open Order Functionality
As part of the previously announced migration of the C2 Options Exchange to the Bats technology platform, the BZX Options and EDGX Options Exchanges will introduce multi-day order functionality per the below Rollout Schedule (pending regulatory approval). The new functionality will allow Good ‘Til Cancel (GTC) and Good ‘Til Day (GTD) orders to persist over trading days. Please click the title for complete details.
January 12, 2018
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Final Reminder: Cboe BZX and EDGX Options Exchanges to Introduce Trade Condition Field on Single Leg Multicast PITCH Feed
As previously announced, the Cboe BZX and EDGX Options Exchanges will add a Trade Condition field for the single leg Multicast PITCH feed effective Tuesday, January 16, 2018. The Trade Condition field will allow customers to identify executions resulting from a complex (spread) trade. This field will be space-filled for non-complex trades, including for all trades that occur on the BZX Options Exchange.
January 12, 2018
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Electronic Only Orders - Update
The activation of Electronic Only orders on the Cboe Options Exchange described in RG17-147 is now scheduled for implementation on Friday, January 12, 2018. Please click the title for complete details.
January 9, 2018
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Informational Session Regarding Give Ups
On Thursday, January 4, Cboe will hold an informational session regarding potential changes to the Cboe Options Exchanges’ (Cboe, C2, BZX and EDGX Options) rules regarding the give up of a Clearing Trading Permit Holder/Member. The session will be held at 3:30 pm in Conference Room 4A of the Cboe building at 400 S. LaSalle Street in Chicago. Please click the title for complete details.
January 3, 2018
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Penny Pilot Program – Replacement Classes to be added on January 3, 2018 - Update
Effective Wednesday, January 3, 2018, the Cboe Options Exchanges (Cboe, C2, BZX and EDGX Options) will replace six delisted issues in the Penny Pilot with the next most active, multiply-listed issues not yet in the Penny Pilot Program. Please click the title for complete details.
January 2, 2018
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Reminder: Cboe EDGX Options Exchange Introduces Customer Indicator Field on Complex Multicast TOP Feed
As previously announced, Cboe EDGX Options Exchange will add a Customer Indicator field for the Complex Multicast TOP feed effective Monday, January 22, 2018. The Bit Fields field will allow users to identify when there are customer orders at the best bid or offer price on the Complex Order Book (“COB”). Click the title for complete details.
January 2, 2018
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Trader E-News
Trader E-news updates for December 22, 2017. Please click title for additional details.
December 22, 2017
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Penny Pilot Program – Replacement Classes to be added on January 3, 2018
Effective Wednesday, January 3, 2018, the Cboe Options Exchanges (Cboe, C2, BZX and EDGX Options) will replace five delisted issues in the Penny Pilot with the next most active, multiply-listed issues not yet in the Penny Pilot Program. Please click the title for complete details.
December 22, 2017
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Cboe Integration Update
Cboe is pleased to announce it will conduct its next customer integration call at 11:30 a.m. CT on January 9, 2018 to update customers regarding the migration of both CFE and C2 trading platforms to Bats technology as well as the CSMI Index data feed migration to NY5. During the call, we will update details regarding our data center strategy, the integration timeline, key transition dates, and additional information. Click the title for complete details.
December 20, 2017
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Cboe Holiday Reminder – Christmas and New Year’s Day
The below table sets forth the modified trading schedules for the Cboe Options Exchanges (Cboe, C2, BZX and EDGX Options), Cboe Futures Exchange (CFE), and the Cboe U.S. Equity Exchanges (BYX, BZX, EDGA and EDGX Equities) in observance of the Christmas and New Year’s Day holidays. Please click the title for complete details.
December 18, 2017
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Cboe EDGX Options Exchange Introduces Customer Indicator Field on Complex Multicast TOP Feed
Cboe EDGX Options Exchange is pleased to announce the addition of a Customer Indicator field for the Complex Multicast TOP feed effective Monday, January 22, 2018. The Bit Fields field will allow users to identify when there are customer orders at the best bid or offer price on the Complex Order Book (“COB”). Please click the title for complete details.
December 11, 2017
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Cboe BZX and EDGX Options Exchanges Introduce Trade Condition Field on Single Leg Multicast PITCH Feed
Cboe BZX and EDGX Options Exchanges are pleased to announce the addition of a Trade Condition field for the single leg Multicast PITCH feed effective Tuesday, January 16, 2018. The Trade Condition field will allow customers to identify executions that were the result of a complex (spread) trade. This field will be space-filled for non-complex trades, including for all trades that occur on the BZX Options Exchange. Please click the title for complete details.
November 27, 2017
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Cboe Introduces Customer Web Portal User Management
Effective immediately, Cboe is introducing a Customer Web Portal User Management privilege which will allow Account Admins to manage Web Portal account permissions for their firm. Account Admins can now create, edit, or disable Web Portal accounts from within the portal itself, as well as create and manage user roles specific to their firm. Please click the title for complete details.
November 27, 2017
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Cboe Holiday Reminder – Closed on Thursday, November 23, 2017 and Closing Early on Friday, November 24, 2017
The below table sets forth the modified trading schedules for the Cboe Options Exchanges (Cboe, C2,
BZX and EDGX Options), and the Cboe U.S. Equity Exchanges (BYX, BZX, EDGA and EDGX Equities) in
observance of the Thanksgiving holiday on November 23, 2017. Click the title for complete details.
November 16, 2017
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Cboe BZX and EDGX Options Exchanges Feature Pack 2
As part of the previously announced migration of the C2 Options Exchange to the Bats technology platform, the BZX Options and EDGX Options Exchanges will release Feature Pack 2 on December 8, 2017.
November 9, 2017
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Final Reminder: Bats EDGX Options Exchange to Introduce Complex Order Book Functionality
As previously announced, Bats EDGX Options Exchange will introduce Complex Order Book functionality on October 23, 2017. Support for the Complex Order Book is now available in the EDGX Options Certification environment, and further launch schedule details can be found on the Complex Order Book site. Click the title for more details.
October 13, 2017
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Bats Conformance Certification Tool Now Available
The Bats Conformance Certification tool, accessible from the Member Tools section of the Customer Web Portal, is now available to submit qualifying Certification testing to satisfy firm conformance requirements. Click the title for more details.
October 13, 2017
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Reminder: Bats EDGX Options Exchange to Introduce Complex Order Book Functionality
As previously announced, Bats EDGX Options Exchange will introduce Complex Order Book functionality on October 23, 2017.
September 13, 2017
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Reminder: Bats EDGX Options Exchange to Introduce Complex Order Book Functionality
As previously announced, Bats EDGX Options Exchange will introduce Complex Order Book functionality on October 23, 2017. Click the title for more details.
August 28, 2017
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Bats Reports Third Quarter Net Income Growth of 13%
Announces Quarterly Cash Dividend of $0.08 per share
November 3, 2016
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Bats Reports Strong September Data, Including 11.7% U.S. Options Market Share
Remains #1 in U.S. ETF Trading; #1 Pan-European Stock Market
October 14, 2016
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Bats Announces Successful Migration of BZX Options Exchange to Next-Generation Matching Engine
Both Bats Options Markets – BZX Options and EDGX Options – Now Operating on Latest Proprietary Technology
October 5, 2016
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CBOE Holdings Agrees to Acquire Bats Global Markets to Strengthen CBOE Holdings’ Global Position in Innovative Tradable Products and Services, and Achieve Meaningful Cost and Operational Efficiencies
Utilizes Bats’ Leading Proprietary Trading Technology by Migrating Trading in Combined Company’s Markets onto a Single, Proven Platform
September 26, 2016
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Bats Reports Strong Market Share Across All Markets in August
Remains #1 Pan-European Stock Market; #1 in U.S. ETF Trading
September 13, 2016
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Bats Reports Strong Market Share Across All Markets in July
Remains #1 in U.S. ETF Trading, #1 Pan-European Stock Market
August 10, 2016
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Bats to Launch BAM Options Auctions, Offering Competitive Price Improvement Opportunities
New Functionality Scheduled for November, Pending SEC Approval
August 1, 2016