Cboe Global Markets

Tradedesk Updates

Effective March 1, 2021, Cboe will add the Mini-Russell 2000 Index Options, option symbol MRUT, to the Cboe Options Exchange daily marking price file. Please click the title for complete details.

On March 1, 2021, the Exchange will begin using the established long-term rotational order to fill SPX spots that become temporarily vacated by the assigned TPH firm. From March 1, 2021 and until further notice, only one rotation will be used to determine all spot vacancies. Please click the title for complete details.

Effective March 17, 2021, the Cboe U.S. Options Exchanges (BZX Options, Cboe Options, C2 Options, and EDGX Options) will enable Members/Trading Permit Holders (collectively “Members”) to filter purge requests by EFID. Members may contact the Trade Desk to configure purge ports to allow purges for up to ten specified EFIDs. Please click the title for complete details.

Commencing March 1, 2021, BZX Options (“BZX”), Cboe Options (“C1”), and C2 Options (“C2”) Exchanges will list Monday and Wednesday expiring Weekly options on the Russell 2000 Index (option symbol: RUTW). Please click the title for complete details.

Cboe Options (the “Exchange”) 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 Mini-Russell 2000 Index options. Interested parties must submit application materials to become the MRUT RTH LMM no later than 4:00 p.m. ET on Friday, February 19, 2021 to Cboe Membership Services. Please click the title for complete details.

Cboe is pleased to announce that, effective March 1, 2021, Cboe Options Exchange (“C1”) will begin listing mini options on the Russell 2000 Index. Please click the title for complete details.

Effective March 12, 2021, for EDGX Options ("EDGX"), and March 15, 2021, for BZX Options (“BZX”), Cboe Options (“C1”), and C2 Options (“C2”) Exchanges, Cboe will modify the opening mechanism for non-proprietary classes to force series open after a configurable length of time waiting for a valid width composite market, so long as at least one away market center has opened and disseminated a quote in the series over OPRA. Please click the title for complete details.

Effective Feburary 10, 2021, Cboe Options will begin offering the September 17, 2021 expiration for MXEF. Please click the title for complete details.

Pursuant to Cboe Options Rule 5.10 and C2 Options 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 complete details.

Pursuant to EDGX Options and BZX Options Rule 21.12, Clearing Members 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 complete details.

Effective March 8, 2021, all Cboe Options Exchange ("C1") Trade Detail files downloaded from the Cboe Customer Web Portal and issued monthly will contain four new fields populated with FLEX Delta Adjusted at Close ("DAC") order information. Please click the title for complete details.

Cboe Options Exchange (the “Exchange”) is pleased to announce that, effective April 5, 2021, the Cboe Compression Forum Manager (“CFM”) will migrate to a new technology platform – the Cboe Compression Service (“CCS”). The initial release will provide the same match file service functionality as the CFM. Please click the title for complete details.

Cboe is pleased to announce that, effective March 1, 2021, Cboe Options Exchange (“C1”) will begin listing mini options on the Russell 2000 Index. Mini-Russell 2000 Index options will be based on 1/10th of the value of the Russell 2000 Index. Please click the title for complete details.

Effective March 1, 2021, the manual validation and firm contact administered by Membership Services will be replaced by system enforcement of the requirement for registered Market Maker accounts. Please click the title for complete details.

Cboe Silexx is excited to announce the following enhancements:

Cboe is pleased to announce that, effective March 1, 2021, Cboe Options Exchange (“C1”) will begin listing mini options on the Russell 2000 Index. Mini-Russell 2000 Index options will be based on 1/10th of the value of the Russell 2000 Index. Please click the title for complete details.

Cboe Options Exchange (the "Exchange") is excited to announce an extension of its existing Global Trading Hours (“GTH”) session and introduction of a 24x5 trading model in its proprietary VIX and SPX options products later this year, subject to regulatory review. Please click the title for complete details.

Effective Monday, March22, 2021 Cboe Global Markets will update the symbol distribution used on Cboe market data feedsfor all Cboe-affilated Options Exchanges (BZX, C1, C2, EDGX).

Effective February 22, 2021, subject to regulatory review, Cboe Options Exchange ("C1") will introduce multiple enhancements related to support for AIM and Complex AIM (“C-AIM”) auctions in SPX and SPXW. Please click the title for complete details.

This notice is being disseminated to announce a production Virtual Trading Floor (“VTF”) testing opportunity on Saturday, January 23, 2021, for Trading Permit Holders (“TPHs”) in the SPX, VIX and Multi-List trading crowds. Please click title for more details.

Effective February 8, 2021, the manual validation and firm contact administered by Membership Services will be replaced by system enforcement of the requirement for registered Market Maker accounts. Please click the title for complete details.

Pursuant to Cboe Options 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. Please click the title for complete details.

Effective January 29, 2021, all Cboe-affiliated Options Exchanges will require the SendTime input field for Cancel Order and Purge Orders BOE messages. Any Cancel Order and Purge Orders BOE message with a zero value for SendTime will be rejected. Please click the title for complete details.

Effective January 13, 2021, Cboe Options (“C1”) will introduce a new Floor Broker ADV report. The Floor Broker ADV report will provide details regarding a firm’s current tier, qualifying and non-qualifying volume levels, permit rebate amounts, and average daily volume. Please click the title for complete details.

This notice is being disseminated to announce a production VTF testing opportunity on Saturday, January 9, 2021, for TPHs in the VIX and Multi-List trading crowds. Please click title for complete details.

Effective January 25, 2021, additional details will be included in the Clearing TPH Fee Cap section of the Cboe Options (“C1”) Consolidated Tier Report. This report provides month-to-date figures related to a TPH’s tier satisfaction impacting C1 billing.

On Thursday January 7, 2021, Cboe Global Markets will host a remote town hall meeting via Microsoft Teams to discuss the new Cboe Options Trading Floor design. Please click the title for complete details.

Effective Monday, January 4, 2021, Cboe Silexx will introduce the following fees; Please click title for complete details

Cboe is pleased to share that today Cboe Global Markets announced it has completed its acquisition of BIDS Trading, the largest independent block trading venue by volume in the U.S. This acquisition ushers in a new era for Cboe, providing a significant foothold in the off-exchange segment of the U.S. equities markets. Please click the title for complete details.