Tradedesk Updates

Quarterly Rebalance of Option Class Tiers and Online Appointment System Reminder

July 16, 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. 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.

Testing of Cboe Volatility Settlement Opening Process

July 15, 2019

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.

Important Cboe Options Exchange Migration Update

July 12, 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 and approval. In the following sections, important updates are provided. Please click the title for complete details.

Cboe Announces Addition of DeliverToCompId (FIX Tag 128) on FIX Trade Cancel/Correct Messages

July 12, 2019

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.

Update - Cboe Options Technology Integration Feature Pack 8 - Support for Complex QCC, MOC, and LOC

July 10, 2019

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.

Policy Regarding Clearing Trading Permit Holder (TPH) Give Ups

July 05, 2019

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.

Reminder - Cboe Announces Options Quoting Interface Enhancements

July 02, 2019

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.

Cboe Options Technology Integration Feature Pack 9 – Support for Complex Instruments with Underlying Stock Legs

July 01, 2019

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.

Update - Cboe Options Regulatory Report Cards Available on Cboe Customer Web Portal

June 28, 2019

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.

PULSe Trader Workstation Enhancement Release 5.3.0

June 27, 2019

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.

Procedure for Submission of Changes to Bandwidth, Quote Risk Monitor, and Risk Controls for Cboe Options Exchange

June 25, 2019

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.

Update - Cboe Options Technology Integration Feature Pack 7 – Global Trading Hours ("GTH"), Opening Process, and Reserve Order Restrictions

June 21, 2019

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.

Cboe Options Regulatory Report Cards Available on Cboe Customer Web Portal

June 21, 2019

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.

Transport Layer Security Minimum Version Requirement

June 20, 2019

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.

Cboe Options Technology Integration Feature Pack 8 Support for Complex AIM, Complex QCC, and Market and Limit on Close

June 14, 2019

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.

Final Reminder: Cboe Options Technology Integration Feature Pack 7 – Global Trading Hours ("GTH"), Opening Process, and Reserve Order Restrictions

June 12, 2019

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.

Frequent Trader ID Additions and Corrections – Change in Procedures

June 07, 2019

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.

Important Cboe Options Exchange Migration Update

June 05, 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.

Changes to Available Expirations for SPX PM-Settled Options

May 22, 2019

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.

Addition of New Equities and Options Port Controls on Cboe Customer Web Portal

May 17, 2019

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.

Cboe Announces Options Quoting Interface Enhancements

May 15, 2019

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.

Update- Cboe Options Technology Integration Feature Pack 7 – Global Trading Hours ("GTH"), Opening Process, and Reserve Order Restrictions

May 14, 2019

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.

Cboe Announces Test Symbol Rate Limit

May 10, 2019

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.

Important Cboe Options Exchange Migration Update

May 08, 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.

Updates to Source Network IP Addresses in Options Market Data Feed Specifications

May 08, 2019

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.

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

May 02, 2019

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.

Cboe Options Technology Integration Feature Pack 7 – Global Trading Hours ("GTH") and Opening Process

May 02, 2019

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.

Cboe Announces Addition of Side (FIX Tag 54) to Complex Order Execution Reports

May 02, 2019

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.

New Cboe Options Exchange Production Platform Available for Test Symbol Trading Effective May 6, 2019

May 01, 2019

Cboe Options Exchange (“C1”) is pleased to announce that the new production C1 trading platform, targeted to go live on October 7, 2019 pending regulatory review, is on schedule to allow trading of test symbols starting Monday, May 6, 2019. Please click on the title for complete details.

Cboe Options Support for Solicitation Auction Mechanism (SAM) Auctions Postponed

April 26, 2019

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.

Cboe Options Exchange to Introduce Systematic Rejection of N Capacity on SAM Responses

April 26, 2019

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.

PULSe Trader Workstation Enhancement Release 5.2.0

April 25, 2019

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.

Cboe Options Exchange Integration Update: Mandatory Training and Certification for Cboe On-Floor Trading Permit Holders and Staff

April 24, 2019

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.

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.