Cboe Options Exchanges Rule Filings

Rule filings are not effective until approved by the Securities and Exchange Commission ("SEC"), with the exception of certain types of rule filings that may take effect upon filing with the SEC if they meet the conditions specified under Section 19 of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder. Below are pending rule filings submitted by the Exchange, followed by rule changes that have been approved by the SEC or became immediately effective pursuant to the Exchange Act.

Pending Rule Changes

SR-CBOE-2020-110
November 13, 2020
The Exchange proposes to amend Rule 5.52(d) in connection with a Market-Maker’s electronic volume transacted on the Exchange.
SR-CBOE-2020-106
November 16, 2020
The Exchange proposes to amend its Rules regarding the minimum increment for electronic bids and offers, as well as the minimum increment for exercise prices, of certain FLEX Options and clarify in the Rules how the System ranks FLEX Option bids and offers for allocation purposes.
SR-CBOE-2020-075 Amendment No. 1
October 23, 2020
The Exchange proposes an amendment to SR-CBOE-2020-075.
SR-CBOE-2020-075
August 3, 2020
The Exchange proposes to amend Rule 5.70 and Rule 5.72, as well as Rule 5.33, to make Qualified Contingent Cross (“QCC”) Orders available for FLEX trading.
SR-CBOE-2020-055 Amendment No. 3
November 2, 2020
The Exchange proposes a third amendment to SR-CBOE-2020-055.
SR-CBOE-2020-055 Amendment No. 2
August 21, 2020
The Exchange proposes a second amendment to SR-CBOE-2020-055.
SR-CBOE-2020-055 Amendment No. 1
July 23, 2020
The Exchange proposes an amendment to SR-CBOE-2020-055.
SR-CBOE-2020-055
June 12, 2020
The Exchange proposes a rule change that adopts virtual trading floor functionality.
SR-CBOE-2020-052 Amendment No. 1
July 22, 2020
The Exchange proposes an amendment to SR-CBOE-2020-052.
SR-CBOE-2020-052
June 3, 2020
The Exchange proposes to amend Rules 5.37, 5.38 and Rule 5.73.
SR-CBOE-2020-051 Amendment No. 1
July 23, 2020
The Exchange proposes an amendment to SR-CBOE-2020-051.
SR-CBOE-2020-051
June 11, 2020
The Exchange proposes to amend its automated price improvement auction rules in connection with Agency Order size requirements.
SR-CBOE-2020-050 Amendment No. 2
July 22, 2020
The Exchange proposes a second amendment to SR-CBOE-2020-050.
SR-CBOE-2020-050 Amendment No. 1
July 2, 2020
The Exchange proposes an amendment to SR-CBOE-2020-050.
SR-CBOE-2020-050
June 3, 2020
The Exchange proposes to amend Rules 5.37 and 5.73.
SR-CBOE-2020-034
June 30, 2020
The Exchange proposes to authorize for trading flexible exchange options (“FLEX options”) on full-value indexes with a contract multiplier of one.

Approved and Immediately Effective Rule Changes

SR-CBOE-2020-111
November 16, 2020
The Exchange proposes to amend its Fees Schedule.
SR-CBOE-2020-109
November 3, 2020
The Exchange proposes to amend its Interpretations and Policies to Rule 5.33 in connection with Market-Makers’ complex orders, quoting obligations and volume.
SR-CBOE-2020-108
November 2, 2020
The Exchange proposes to amend certain fees related to transactions in Mini-SPX Index (“XSP”) options.
SR-CBOE-2020-107
October 28, 2020
The Exchange proposes to amend its Fees Schedule.
SR-CBOE-2020-105
October 26, 2020
The Exchange proposes to amend its Fees Schedule in connection with migration.
SR-CBOE-2020-103
October 16, 2020
The Exchange proposes to extend the operation of its Flexible Exchange Options pilot program regarding permissible exercise settlement values for FLEX Index Options.
SR-CBOE-2020-102
October 14, 2020
The Exchange proposes to amend Rule 5.1.
SR-CBOE-2020-101
October 12, 2020
The Exchange proposes to renew an existing pilot program until May 3, 2021.
SR-CBOE-2020-100
October 12, 2020
The Exchange proposes to extend the operation of its SPXPM pilot program.
SR-CBOE-2020-099
October 13, 2020
The Exchange proposes to amend Rule 5.34 in connection with its debit/credit price reasonability check.
SR-CBOE-2020-098
October 8, 2020
The Exchange proposes to extend the pilot period related to the market-wide circuit breaker in Rule 5.22.
SR-CBOE-2020-097
October 8, 2020
The Exchange proposes to amend its Fees Schedule.
SR-CBOE-2020-095
October 7, 2020
The Exchange proposes to amend its Fees Schedule to adopt new fee codes related to the execution of equity legs of a stock-option order.
SR-CBOE-2020-094
October 5, 2020
The Exchange proposes to amend the drill-through mechanism to permit orders to rest in the book or COB, as applicable, for multiple time periods and at more aggressive displayed prices during each time period, and to permit orders to route to PAR following the conclusion of the drill-through mechanism.
SR-CBOE-2020-092
October 1, 2020
The Exchange proposes to extend effectiveness of temporary rules applicable if the trading floor is inoperable until December 31, 2020.
SR-CBOE-2020-091
September 30, 2020
The Exchange proposes to amend Rule 5.1.
SR-CBOE-2020-090
September 30, 2020
The Exchange proposes to permit the closing mark for certain index options to be calculated 15 minutes prior to the close of trading.
SR-CBOE-2020-089
September 30, 2020
The Exchange proposes to amend its Fees Schedule with respect to its strategy fee cap.
SR-CBOE-2020-088
September 23, 2020
The Exchange proposes to update its Fees Schedule in connection with the Exchange’s plans to list and trade options on the S&P 500 ESG Index (“SPESG”).
SR-CBOE-2020-085
September 1, 2020
The Exchange proposes to adopt fees for Cboe Silexx.
SR-CBOE-2020-084
September 1, 2020
The Exchange proposes to amend its Fees Schedule with respect to its strategy fee cap.
SR-CBOE-2020-081
August 31, 2020
The Exchange proposes a rule change to extend effectiveness of temporary rules that apply if the trading floor is inoperable until September 30.
SR-CBOE-2020-080
August 27, 2020
The Exchange proposes to list and trade options that overlie the S&P 500 ESG Index.
SR-CBOE-2020-078
August 10, 2020
The Exchange proposes to amend its Fees Schedule to adopt a new fee code related to the execution of an equity leg of a stock-option order.
SR-CBOE-2020-077
August 5, 2020
The Exchange proposes to amend Rule 5.34 (Order and Quote Price Protection Mechanisms and Risk Controls) in connection with sell market orders in no-bid series.
SR-CBOE-2020-076
August 3, 2020
The Exchange proposes to adopt fees for a recently adopted data product known as Intraday Open-Close Data.
SR-CBOE-2020-074
August 19, 2020
The Exchange proposes to adopt Compression orders.
SR-CBOE-2020-073
July 30, 2020
The Exchange proposes a rule change to amend the definition of FDID in the CAT Compliance Rule.
SR-CBOE-2020-072 Amendment No. 1
October 9, 2020
The Exchange proposes an amendment to SR-CBOE-2020-072.
SR-CBOE-2020-072
July 30, 2020
The Exchange proposes to amend its rules relating to the processing of auction responses.
SR-CBOE-2020-071 Amendment No. 1
September 24, 2020
The Exchange proposes an amendment to SR-CBOE-2020-071.
SR-CBOE-2020-071
July 30, 2020
The Exchange proposes to amend the Fifth Amended and Restated Bylaws of its parent corporation, Cboe Global Markets, Inc.
SR-CBOE-2020-070
July 29, 2020
The Exchange proposes a rule change to introduce a new data product to be known as Intraday Open-Close Data.
SR-CBOE-2020-069
July 21, 2020
The Exchange proposes to amend its Fees Schedule relating to the Options Regulatory Fee.
SR-CBOE-2020-068
July 17, 2020
The Exchange proposes to amend Rule 10.3 by extending the Credit Option Margin Pilot Program through September 1, 2021.
SR-CBOE-2020-067
July 17, 2020
The Exchange proposes to permit off-floor position transfers between accounts for the same person without providing notice to the Exchange and at any time.
SR-CBOE-2020-066
July 2, 2020
The Exchange proposes to amend Rule 5.24.
SR-CBOE-2020-065
July 2, 2020
The Exchange proposes to add the Consolidated Audit Trail (“CAT”) industry member compliance rules to the list of minor rule violations in Rule 13.15.
SR-CBOE-2020-063
July 1, 2020
The Exchange proposes to amend Rule 8.16 and Rule 9.2 to temporarily extend the filing requirements for certain supervision-related reports, currently given an extension through June 30, 2020, to July 31, 2020.
SR-CBOE-2020-062
July 1, 2020
The Exchange proposes to amend the Silexx trading platform Fees Schedule.
SR-CBOE-2020-061
July 1, 2020
The Exchange proposes to amend its Fees Schedule with respect to expiring fee waivers and incentive programs.
SR-CBOE-2020-060 Amendment No. 1
August 13, 2020
The Exchange proposes an amendment to SR-CBOE-2020-060.
SR-CBOE-2020-060
July 1, 2020
The Exchange proposes to adopt Related Futures Cross (“RFC”) Orders.
SR-CBOE-2020-059
June 24, 2020
The Exchange proposes to amend the CAT Compliance Rule to be consist with certain proposed amendments to and exemptions from the CAT NMS Plan as well as to facilitate the retirement of certain existing regulatory systems.
SR-CBOE-2020-058
June 24, 2020
The Exchange proposes to amend its fees schedule.
SR-CBOE-2020-054
June 11, 2020
The Exchange proposes to amend Rule 5.4 to conform the rule to Section 3.1 of the Plan for the Purpose of Developing and Implementing Procedures Designed to Facilitate the Listing and Trading of Standardized Options (the “OLPP”) and add new Rule 5.4(d).
SR-CBOE-2020-053
June 10, 2020
The Exchange proposes to amend Rule 6.1 in order to provide for a consistent documentation of open outcry execution information in the event of an Exchange system malfunction or disruption.
SR-CBOE-2020-049
May 29, 2020
The Exchange proposes to amend Rule 8.16 and Rule 9.2 to temporarily extend the filing requirements for certain supervision-related reports, currently given an extension through June 1, 2020, to June 30, 2020.
SR-CBOE-2020-047
May 15, 2020
The Exchange proposes to extend until June 30, 2020 the effectiveness of various temporary rules in place while the trading floor is closed.
SR-CBOE-2020-046
May 14, 2020
The Exchange proposes to amend its debit/credit price reasonability check.
SR-CBOE-2020-045
May 1, 2020
The Exchange proposes to amend its Fees Schedule.
SR-CBOE-2020-044
May 1, 2020
The Exchange proposes to amend its Fees Schedule.
SR-CBOE-2020-043
May 1, 2020
The Exchange proposes to amend the Silexx trading platform Fees Schedule.
SR-CBOE-2020-042
April 28, 2020
The Exchange proposes to amend Rule 6.9 to permit in-kind transfers of positions off of the Exchange in connection with unit investment trusts (UITs).
SR-CBOE-2020-041
April 24, 2020
The Exchange proposes to amend its definition of bulk messages in Rule 1.1 and amend Rule 5.5(c)(3).
SR-CBOE-2020-040
April 20, 2020
The Exchange proposes to add a new version of the Silexx platform.
SR-CBOE-2020-039
April 16, 2020
The Exchange proposes to extend the operation of its FLEX Options pilot program regarding permissible exercise settlement values for FLEX Index Options.
SR-CBOE-2020-037
April 13, 2020
The Exchange proposes to remove its optional daily risk limits pursuant to Rule 5.34.
SR-CBOE-2020-036
April 13, 2020
The Exchange proposes to extend the operation of its SPXPM pilot program.
SR-CBOE-2020-035
April 13, 2020
The Exchange proposes to The Exchange proposes to renew the existing nonstandard expirations pilot programs until November 2, 2020.
SR-CBOE-2020-033
April 7, 2020
The Exchange proposes to amend its Fees Schedule.
SR-CBOE-2020-032
April 1, 2020
The Exchange proposes to amend its Fee Schedule.
SR-CBOE-2020-031
March 31, 2020
The Exchange proposes to amend Rule 5.24.
SR-CBOE-2020-029
March 30, 2020
The Exchange proposes to adopt a rule to allowing the Exchange to determine to extend filing and reporting deadlines as provided in the Exchange Rules.
SR-CBOE-2020-027
March 26, 2020
The Exchange proposes to amend Rule 6.6 in connection with updates permitted through the Clearing Editor.
SR-CBOE-2020-026
March 26, 2020
The Exchange proposes to amend Rule 5.24.
SR-CBOE-2020-025
March 26, 2020
The Exchange proposes to amend Interpretation and Policy .01 to Rule 5.24 in connection with business continuity and disaster recovery testing.
SR-CBOE-2020-024
March 23, 2020
The Exchange proposes to amend its Fees Schedule with respect to Related Future Cross order pricing.
SR-CBOE-2020-023
March 20, 2020
The Exchange proposes a rule change that will permit VIX and SPX option combos to be executed upon entry without exposure when tied to an exchange of contracts for related futures positions.
SR-CBOE-2020-022
March 17, 2020
The Exchange proposes to amend its Fees Schedule.
SR-CBOE-2020-021
March 17, 2020
The Exchange proposes a rule change Proposal related to applicable fees in the event the trading floor is inoperable.
SR-CBOE-2020-019
March 13, 2020
The Exchange proposes to amend Rule 5.24, Disaster Recovery.
SR-CBOE-2020-018
March 13, 2020
The Exchange proposes a rule change to include language within the Silexx Fees Schedule to introduce a free upgrade for users on Silexx Basic to Silexx Pro from March 13, 2020 through April 30, 2020.
SR-CBOE-2020-017
March 10, 2020
The Exchange proposes to amend its rules related to the Automated Improvement Mechanism and Complex Automated Improvement Mechanism.
SR-CBOE-2020-016
March 6, 2020
The Exchange proposes to amend its rules related to the Complex Order Auction.
SR-CBOE-2020-015 Amendment No. 1
April 16, 2020
The Exchange proposes an amendment to SR-CBOE-2020-015.
SR-CBOE-2020-015
February 26, 2020
The Exchange proposes increase position limits for options on certain exchange-traded funds (“ETFs”) and indexes.
SR-CBOE-2020-014 Amendment No. 1
May 12, 2020
The Exchange proposes an amendment to SR-CBOE-2020-014.
SR-CBOE-2020-014
February 18, 2020
The Exchange proposes to adopt a Delta-Adjusted at Close (“DAC”) order instruction that a User may apply to an order when entering it into the System for execution in an electronic or open outcry auction.
SR-CBOE-2020-013
February 11, 2020
The Exchange proposes to modify the sequence in which the System opens SPX series, and permit SPX series to open with unexecuted sell market orders in limited circumstances, on exercise settlement value determination days.
SR-CBOE-2020-012
February 10, 2020
The Exchange proposes to amend its financial incentive programs for Global Trading Hours (“GTH”) Lead Market-Makers (“LMMs”) in VIX options.
SR-CBOE-2020-011
February 6, 2020
The Exchange proposes to amend its Fees Schedule.
SR-CBOE-2020-007
January 30, 2020
The Exchange proposes to amend its Fees Schedule.
SR-CBOE-2020-006
February 26, 2020
The Exchange proposes to make certain non-substantive changes to clean up its Fees Schedule.
SR-CBOE-2020-002
January 2, 2020
The Exchange proposes to amend the opening triggers for its opening rotation process for equity options.
SR-CBOE-2020-001
January 2, 2020
The Exchange proposes to amend its Fees Schedule with respect to expiring fee waivers and incentive programs.