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Cboe Options Add Support for Solicitation Auction Mechanism (SAM)

April 18, 2019

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.

Cboe BZX Exchange Ticker Changes for VXXB and VXZB

April 18, 2019

Effective May 2, 2019, the ticker symbols for two Cboe BZX listed Barclays iPath ETNs (VXXB and VXZB) will change as detailed below. On the same date the OSI Root for exchange traded options will change. Click the title for more details.

Cboe Announces Harmonization of Quoting Obligations and Market Maker Registration/Class Appointments for select Options Exchanges

April 17, 2019

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.

Reminder - Cboe Power Shutdown 400 S LaSalle Building

April 17, 2019

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.

Cboe Options Exchange Trade Detail File and Trade Data Report Update

April 15, 2019

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.

Cboe C2 Options Exchange Plans to List Options on the Dow Jones Industrial Average Index

April 15, 2019

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.

Quarterly Rebalance of Option Class Tiers and Online Appointment System Reminder

April 12, 2019

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.

Cboe Options Exchange PAR Names Later Feature Release

April 10, 2019

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.

Cboe Options Exchanges to Cease Dissemination of Non-Firm Quotes to OPRA in the Pre-market

April 10, 2019

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.

Cboe Town Hall on PAR 2.0 Names Later Feature

April 02, 2019

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.

Reminder - Cboe EDGX Options Plans to List Options on the Mini-SPX Index and the Addition of Matching Unit 33

April 01, 2019

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.

Important Cboe Options Exchange Migration Update

March 27, 2019

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.

Cboe Power Shutdown 400 S LaSalle Building

March 26, 2019

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.

Final Reminder: Cboe Announces Sunset of BOE Bulk Order Message Types

March 25, 2019

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.

Cboe Options Technology Integration Feature Pack 6 – All or None (AON) Orders

March 18, 2019

Effective May 2, 2019, Cboe Global Markets will introduce new functionality to the EDGX Options Exchange (EDGX) to support AON orders as well as updates to Step-Up-Mechanism (SUM) orders, subject to regulatory review. New features and enhancements are in preparation for migration of Cboe Options Exchange ("C1") to Bats technology.

Cboe Options Announces Quoting Interface Update

March 15, 2019

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.

Update: Cboe Options Technology Integration Feature Pack 5 – Simple Order Auctions

March 13, 2019

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.

Reminder: Cboe Announces Sunset of BOE Bulk Order Message Types

March 07, 2019

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.

Cboe EDGX Options Plans to List Options on the Mini-SPX Index and the Addition of Matching Unit 33

March 05, 2019

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.

Cboe Announces Complex Reserve Orders on C2 Options Exchange

March 01, 2019

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.

Dissemination of Non-firm Quotes to OPRA in the Pre-market

February 28, 2019

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.

Correction to Cboe Options Regulatory Circular RG17-183

February 27, 2019

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).

Cboe Options Exchange New Trading Floor Coat Rack and Storage Area

February 22, 2019

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.

Reminder: Cboe Options Technology Integration Feature Pack 4 – Market Data Enhancements

February 21, 2019

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.

Important Cboe Options Exchange Migration Update

February 14, 2019

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.

Cboe Announces Liquidity Provider Scorecards for BZX and EDGX Options

February 14, 2019

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.

Changes to Available Expirations for SPX Options

February 13, 2019

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.

Cboe Announces Sunset of BOE Bulk Order Message Types

February 13, 2019

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.

Cboe Options Exchange (C1) Platform Migration Connectivity Update

February 12, 2019

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.

Reduction of the Open Outcry FLEX RFQ Response Period for FLEX Equity Options on ETNs

February 11, 2019

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.

Pulse Trader Workstation Enhancement Release 5.1.0

February 08, 2019

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.

Cboe Options Technology Integration Feature Pack 5 – Simple Order Auctions

February 06, 2019

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.

Update: Cboe Town Hall – Direct Route to PAR (Date Updated Due To Weather)

January 28, 2019

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.

Reminder: C2 and EDGX Options Exchanges Add Support for Post Only Complex Orders

January 28, 2019

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.

Reminder: Cboe Options Technology Integration Feature Pack 4 – Market Data Enhancements

January 28, 2019

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.

Maturation of VXX and VXZ ETNs and Related VXXB and VXZB Listing

January 24, 2019

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.

Flexible Exchange Options (FLEX) Order and Trade Submission

January 23, 2019

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.

Cboe Town Hall – Direct Route to PAR

January 22, 2019

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.

Reminder: Cboe Options Technology Integration Feature Pack 3 – Secure Web API Enhancements

January 22, 2019

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.

Conference Call to Review Post Technology Migration Requirements for Order Routing to Cboe Floor Brokers

January 18, 2019

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.

Update: C2 and EDGX Options Exchanges Add Support for Post Only Complex Orders (Release Date Updated)

January 17, 2019

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.

Change to Daily Closing Time for Options on an Exchange-Traded Product

January 15, 2019

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.

Important Cboe Options Exchange Migration Update

January 15, 2019

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.

Quarterly Rebalance of Option Class Tiers and Online Appointment System Reminder

January 15, 2019

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.

Reminder: Cboe Global Markets Announces New Options Quoting Interface and Risk Reset Functionality

January 15, 2019

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.

Closing of the Cboe Lobby Coat Room and Discontinuation of Jacket Cleaning Service

January 11, 2019

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.

Order Marking Requirements for Direct Route of Orders Intended for Open Outcry Execution

January 11, 2019

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.

Reminder: Cboe Global Markets Announces New Options Quoting Interface and Risk Reset Functionality

January 03, 2019

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.