Cboe Options Exchange 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

File number: SR-CBOE-2019-035 Amendment No. 2
Date filed: October 7, 2019
Description:

The Exchange proposes a second amendment to SR-CBOE-2019-035.

File number: SR-CBOE-2019-035 Amendment No. 1
Date filed: August 6, 2019
Description:

The Exchange proposes an amendment to SR-CBOE-2019-035.

File number: SR-CBOE-2019-035
Date filed: July 3, 2019
Description:

The Exchange proposes to amend the Exchange’s rules regarding off-floor position transfers, including transfers intended to reduce RWA.

Approved and Immediately Effective Rule Changes

File number: SR-CBOE-2019-115
Date filed: December 4, 2019
Description:

The Exchange proposes to amend the Maximum Composite Width Check of the opening rotation as provided in subparagraph (e)(1) of Exchange Rule 5.31.

File number: SR-CBOE-2019-114
Date filed: December 2, 2019
Description:

The Exchange proposes to amend its Fees Schedule.

File number: SR-CBOE-2019-113
Date filed: December 2, 2019
Description:

The Exchange proposes to amend the Silexx trading platform Fees Schedule.

File number: SR-CBOE-2019-112
Date filed: December 2, 2019
Description:

The Exchange proposes to amend its Fees Schedule.

File number: SR-CBOE-2019-111
Date filed: November 29, 2019
Description:

The Exchange proposes to amend the Fee Schedule in connection to migration.

File number: SR-CBOE-2019-110
Date filed: December 2, 2019
Description:

The Exchange proposes a rule change to amend the opening trigger for VIX options.

File number: SR-CBOE-2019-109
Date filed: November 15, 2019
Description:

The Exchange proposes to amend its financial incentive programs for Global Trading Hours Lead Market-Makers in VIX.

File number: SR-CBOE-2019-108
Date filed: November 4, 2019
Description:

The Exchange proposes to extend the operation of its Flexible Exchange Options (“FLEX Options”) pilot program regarding permissible exercise settlement values for FLEX Index Options.

File number: SR-CBOE-2019-107
Date filed: November 1, 2019
Description:

The Exchange proposes to extend the operation of its SPXPM pilot program.

File number: SR-CBOE-2019-106
Date filed: November 1, 2019
Description:

The Exchange proposes to amend its Fees Schedule in connection with migration.

File number: SR-CBOE-2019-105
Date filed: November 1, 2019
Description:

The Exchange proposes to amend its Fee Schedule.

File number: SR-CBOE-2019-104
Date filed: October 31, 2019
Description:

The Exchange proposes to renew an existing pilot program until May 4, 2020.

File number: SR-CBOE-2019-103
Date filed: October 31, 2019
Description:

The Exchange proposes to waive paper and ink fees.

File number: SR-CBOE-2019-102
Date filed: October 29, 2019
Description:

The Exchange proposes to amend the fat finger check in Rule 5.34 as it applies to Stop-Limit orders.

File number: SR-CBOE-2019-100
Date filed: October 16, 2019
Description:

The Exchange proposes to extend the pilot period related to the market-wide circuit breaker in Rule 5.22.

File number: SR-CBOE-2019-099
Date filed: October 7, 2019
Description:

The Exchange proposes to amend and consolidate various Exchange Rules relating to Trading Permit Holder membership, registration and participants and move those Rules from the currently effective Rulebook to proposed Chapter 3 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-098
Date filed: October 4, 2019
Description:

The Exchange proposes to amend the appointment weight table in Rule 5.50 in the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-096
Date filed: October 4, 2019
Description:

The Exchange proposes to to make minor updates and consolidate various Exchange Rules in connection with business conduct on the Exchange, and move those Rules from the currently effective Rulebook to proposed Chapter 8 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-095
Date filed: October 4, 2019
Description:

The Exchange proposes to relocate various Exchange Rules from the currently effective Rulebook to the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-094
Date filed: October 4, 2019
Description:

The Exchange proposes to amend its Fees schedule to modify certain processes and requirements relating to the submission of rebate requests.

File number: SR-CBOE-2019-093
Date filed: October 4, 2019
Description:

The Exchange proposes a rule change to amend FLEX AIM and SAM auctions in connection with upcoming technology migration.

File number: SR-CBOE-2019-092
Date filed: October 4, 2019
Description:

The Exchange proposes to make minor amendments to and relocate certain rules related to the listing of index options (including binary and range options) from the currently effective Rulebook to proposed Chapter 4, Section B of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-091
Date filed: October 3, 2019
Description:

The Exchange proposes to amend the name of a reporting authority for certain indexes on which the Exchange may list options.

File number: SR-CBOE-2019-090
Date filed: October 3, 2019
Description:

The Exchange proposes to move the Rules in Chapter V of the currently effective Rulebook, which governs securities dealt in on the Exchange, to proposed Section A of Chapter 4 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-089
Date filed: October 3, 2019
Description:

The Exchange proposes to to move certain Rules in Chapter XXIX, which governs Credit Option contracts, of the currently effective Rulebook to proposed Section E of Chapter 4 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-088
Date filed: October 3, 2019
Description:

The Exchange proposes to move current Chapter 9 (governing doing business with the public and TPH registration) from its current Rulebook to proposed Chapter 9 and, in part, proposed Chapter 3 of its shell Rulebook for the October 7, 2019 migration.

File number: SR-CBOE-2019-087
Date filed: October 3, 2019
Description:

The Exchange proposes to move certain Rules in Chapter XXIII of the currently effective Rulebook, which governs interest rate options, to proposed Section G of Chapter 4 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-086
Date filed: October 3, 2019
Description:

The Exchange proposes to move certain Rules in Chapter XXI of the currently effective Rulebook, which governs Government securities options, to proposed Section F of Chapter 4 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-085
Date filed: October 3, 2019
Description:

The Exchange proposes to move certain Rules in Chapter XXVIII of the currently effective Rulebook, which governs Corporate Debit Security options, to proposed Section D of Chapter 4 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-084
Date filed: October 2, 2019
Description:

The Exchange proposes a rule change to amend FLEX rules in connection with the exchange's upcoming system migration.

File number: SR-CBOE-2019-083
Date filed: October 2, 2019
Description:

The Exchange proposes to amend its financial incentive programs for Global Trading Hours Lead Market-Makers.

File number: SR-CBOE-2019-082
Date filed: October 2, 2019
Description:

The Exchange proposes to amend its Fees Schedule in connection with migration.

File number: SR-CBOE-2019-081
Date filed: October 1, 2019
Description:

The Exchange proposes minor updates and to consolidate various Rules in connection generally with options trading, including trading halts and the Plan, and move such Rules from the current Rulebook to the shell Rulebook for the October 7, 2019 migration.

File number: SR-CBOE-2019-080
Date filed: October 1, 2019
Description:

The Exchange proposes to amend its Fees Schedule.

File number: SR-CBOE-2019-078
Date filed: October 1, 2019
Description:

The Exchange proposes to amend its Fees Schedule.

File number: SR-CBOE-2019-076
Date filed: October 1, 2019
Description:

The Exchange proposes to amend its Fees Schedule.

File number: SR-CBOE-2019-074
Date filed: September 30, 2019
Description:

The Exchange proposes a rule change that updates the name of the Cboe entity that acts as a reporting authority for indexes on which the Exchange may list options from Cboe Exchange, Inc. to Cboe Global Indices, LLC.

File number: SR-CBOE-2019-073
Date filed: September 27, 2019
Description:

The Exchange proposes a change in connection with rules covering regulatory reports, records, and audits, and to move those Rules from the current Rulebook to Chapter 7 of the shell Rulebook that will become effective upon the October 7, 2019 migration.

File number: SR-CBOE-2019-072
Date filed: September 27, 2019
Description:

The Exchange proposes to make minor updates to and relocate Chapter XIX, which governs the hearings and review process for persons aggrieved by Exchange action, of the currently effective Rulebook to proposed Chapter 15 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-071
Date filed: September 26, 2019
Description:

The Exchange proposes to make minor updates and consolidate various Exchange Rules in connection with the post-transaction process on the Exchange, and move those Rules from the currently effective Rulebook to proposed Chapter 6 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-070
Date filed: September 26, 2019
Description:

The Exchange proposes to amend certain rules in connection with Market-Makers in the shell Rulebook.

File number: SR-CBOE-2019-069
Date filed: September 30, 2019
Description:

The Exchange proposes to move the Rules in Chapter XII, which governs margin requirements, of the currently effective Rulebook to proposed Chapter 10 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-068
Date filed: September 26, 2019
Description:

The Exchange proposes to move the Rules in Chapter XVII, which governs Exchange disciplinary procedures, of the currently effective Rulebook to proposed Chapter 13 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-067
Date filed: September 25, 2019
Description:

The Exchange proposes to move Rule 10.2 and the Rules in Chapter XVI of the currently effective Rulebook, which governs the summary suspension of Trading Permit Holders, to proposed Chapter 12 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-066
Date filed: September 25, 2019
Description:

The Exchange proposes to move the Rules in Chapter XIII of the currently effective Rulebook, which governs net capital requirements, to proposed Chapter 11 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-065
Date filed: September 25, 2019
Description:

The Exchange proposes to move the Rules in Chapter XVIII, which governs Exchange arbitrations, of the currently effective Rulebook to proposed Chapter 14 of the shell structure for the Exchange’s Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-064
Date filed: September 23, 2019
Description:

The Exchange proposes a rule change to amend the Solicited Auction Mechanism for complex orders (“C-SAM”) in connection with the upcoming system migration.

File number: SR-CBOE-2019-063
Date filed: September 24, 2019
Description:

The Exchange proposes a rule change to amend the Solicited Auction Mechanism (“SAM”) in connection with the upcoming system migration.

File number: SR-CBOE-2019-062
Date filed: September 18, 2019
Description:

The Exchange proposes to amend certain Clearing Editor functionality in Rule 6.6 of the shell Rulebook.

File number: SR-CBOE-2019-061
Date filed: September 13, 2019
Description:

The Exchange proposes to add a new version of the Silexx platform to support FLEX Options trading.

File number: SR-CBOE-2019-060
Date filed: September 6, 2019
Description:

The Exchange proposes a rule change to amend the Exchange's complex order rules in connection with its upcoming system migration.

File number: SR-CBOE-2019-059
Date filed: September 6, 2019
Description:

The Exchange proposes to amend and move certain current Rules in connection with Market-Makers from the currently effective Rulebook to the shell structure for the Rulebook that will become effective upon the migration of the Cboe Affiliated Exchanges.

File number: SR-CBOE-2019-058
Date filed: September 6, 2019
Description:

The Exchange proposes to amend its Rules regarding cabinet trading and move those Rules from the currently effective Rulebook to the shell Rulebook that will become effective upon the October 7, 2019 technology migration.

File number: SR-CBOE-2019-057
Date filed: September 5, 2019
Description:

The Exchange proposes to amend rules regarding price protections and risk controls, and moves those Rules from the currently effective Rulebook to the shell Rulebook for Oct. 7, 2019 migration.

File number: SR-CBOE-2019-056
Date filed: September 5, 2019
Description:

The Exchange proposes to update its rule regarding the Cboe Trade Match System and move the rule from the currently effective Rulebook to the shell Rulebook that will become effective upon the technology migration on October 7, 2019.

File number: SR-CBOE-2019-055
Date filed: September 5, 2019
Description:

The Exchange proposes to amend Rule 4.10(b) regarding the notice requirement in connection with TPHs that clear Market-Maker trades.

File number: SR-CBOE-2019-054
Date filed: August 29, 2019
Description:

The Exchange proposes that the dissemination of end-of-day indicative values via the Options Price Reporting Authority (“OPRA”) will not be discontinued pursuant to SR-CBOE-2019-046.

File number: SR-CBOE-2019-052
Date filed: August 28, 2019
Description:

The Exchange proposes to remove obsolete fees and references in the Cboe Options Fees Schedule.

File number: SR-CBOE-2019-051
Date filed: August 28, 2019
Description:

The Exchange proposes a rule change to amend the AIM Auction for complex orders in connection with the upcoming system migration.

File number: SR-CBOE-2019-050
Date filed: August 23, 2019
Description:

The Exchange proposes to amend the Rules regarding routing services, including the Hybrid Agency Liaison (HAL) system, and move those Rules from the currently effective Rulebook to the shell Rulebook to be effective upon migration.

File number: SR-CBOE-2019-049 Amendment No. 2
Date filed: October 11, 2019
Description:

The Exchange proposes a second amendment to SR-CBOE-2019-049.

File number: SR-CBOE-2019-049 Amendment No. 1
Date filed: October 10, 2019
Description:

The Exchange proposes an amendment to SR-CBOE-2019-049.

File number: SR-CBOE-2019-049
Date filed: August 21, 2019
Description:

The Exchange proposes to make permanent certain options market rules that are linked to the equity market Plan to Address Extraordinary Market Volatility.

File number: SR-CBOE-2019-048 Amendment No. 3
Date filed: October 7, 2019
Description:

The Exchange proposes a third amendment to SR-CBOE-2019-048.

File number: SR-CBOE-2019-048 Amendment No. 2
Date filed: October 2, 2019
Description:

The Exchange proposes a second amendment to SR-CBOE-2019-048.

File number: SR-CBOE-2019-048
Date filed: September 6, 2019
Description:

The Exchange proposes to adopt Rule 6.49C.

File number: SR-CBOE-2019-047
Date filed: August 13, 2019
Description:

The Exchange proposes to amend its Fees Schedule.

File number: SR-CBOE-2019-046
Date filed: August 12, 2019
Description:

The Exchange proposes to amend and move certain Rules in connection with end-of-month and end-of-day indicative values from the currently effective Rulebook to the shell Rulebook that will become effective upon migration.

File number: SR-CBOE-2019-045
Date filed: September 11, 2019
Description:

The Exchange proposes a rule change that amends Cboe Options’ Automated Improvement Mechanism (AIM) in connection with the upcoming system migration.

File number: SR-CBOE-2019-044
Date filed: August 6, 2019
Description:

The Exchange proposes a rule change to adopt Rule 6.49B.

File number: SR-CBOE-2019-043
Date filed: August 7, 2019
Description:

The Exchange proposes to amend the ability to submit Frequent Trader Forms.

File number: SR-CBOE-2019-042
Date filed: August 14, 2019
Description:

The Exchange proposes a rule change that amends Cboe’s rule related to open outcry trading and PAR routing in connection with the upcoming system migration.

File number: SR-CBOE-2019-039
Date filed: August 1, 2019
Description:

The Exchange proposes to amend its Fees Schedule.

File number: SR-CBOE-2019-038
Date filed: July 22, 2019
Description:

The Exchange proposes to amend its maintenance listing standards for options on certain indexes under Rule 24.2.01(b)(2).

File number: SR-CBOE-2019-037
Date filed: July 16, 2019
Description:

The Exchange proposes to amend Rule 12.3 by extending the Credit Option Margin Pilot Program through July 20, 2020.

File number: SR-CBOE-2019-036
Date filed: July 3, 2019
Description:

The Exchange proposes to amend Rule 6.21 relating to Give Ups.

File number: SR-CBOE-2019-034 Amendment No. 3
Date filed: August 28, 2019
Description:

The Exchange proposes a third amendment to SR-CBOE-2019-034.

File number: SR-CBOE-2019-034 Amendment No. 2
Date filed: August 20, 2019
Description:

The Exchange proposes a second amendment to SR-CBOE-2019-034.

File number: SR-CBOE-2019-034 Amendment No. 1
Date filed: August 15, 2019
Description:

The Exchange proposes an amendment to SR-CBOE-2019-034.

File number: SR-CBOE-2019-034
Date filed: July 2, 2019
Description:

The Exchange proposes to amend the Exchange’s opening process, including the VIX derivative settlement process, in connection with the upcoming system migration.

File number: SR-CBOE-2019-033
Date filed: July 1, 2019
Description:

The Exchange proposes to amend the Exchange’s rules regarding the electronic processing of simple orders and regarding connectivity to the Exchange in connection with the upcoming System migration.

File number: SR-CBOE-2019-032
Date filed: July 1, 2019
Description:

The Exchange proposes to amend its Fees Schedule.

File number: SR-CBOE-2019-031
Date filed: June 28, 2019
Description:

The Exchange proposes to amend its Fees Schedule with respect to expiring fee waivers and incentive programs.

File number: SR-CBOE-2019-030
Date filed: June 25, 2019
Description:

The Exchange proposes to adopt rules related to the inbound and outbound router for Cboe Options, as well as seek approval from the Securities and Exchange Commission for affiliate, Trading, Inc. (“Cboe Trading”), to become a Trading Permit Holder of the Exchange.

File number: SR-CBOE-2019-029
Date filed: June 6, 2019
Description:

The Exchange proposes to amend certain rules relating to the registration of Trading Permit Holders.

File number: SR-CBOE-2019-028
Date filed: June 10, 2019
Description:

The Exchange proposes to amend Rule 6.42 by extending the Penny Pilot Program through December 31, 2019.

File number: SR-CBOE-2019-027
Date filed: June 7, 2019
Description:

The Exchange proposes to amend and move certain current Rules from the Exchange’s currently effective Rulebook to the shell structure for the Exchange’s Rulebook that will become effective upon the migration of the Exchange’s trading platform to the same system used by the Cboe Affiliated Exchanges.

File number: SR-CBOE-2019-026
Date filed: April 25, 2019
Description:

The Exchange proposes to amend its fee schedule to adopt reduced subscription fees for academics for the sale of Historical Cboe Open-Close volume data.

File number: SR-CBOE-2019-025
Date filed: April 17, 2019
Description:

The Exchange proposes to amend Chapter 17 of the Cboe Options Rules.

File number: SR-CBOE-2019-024
Date filed: April 16, 2019
Description:

The Exchange proposes a rule change to eliminate the Exchange’s on-floor position transfer process.

File number: SR-CBOE-2019-023
Date filed: April 10, 2019
Description:

The Exchange proposes to extend the operation of its SPXPM pilot program.

File number: SR-CBOE-2019-022
Date filed: April 10, 2019
Description:

The Exchange proposes to renew The Nonstandard Expirations Pilot Program.

File number: SR-CBOE-2019-021
Date filed: April 10, 2019
Description:

The Exchange proposes to extend the operation of its Flexible Exchange Options (“FLEX Options”) pilot program regarding permissible exercise settlement values for FLEX Index Options.

File number: SR-CBOE-2019-020
Date filed: April 9, 2019
Description:

The Exchange proposes to extend the pilot for certain options market rules that are linked to the LULD Plan.

File number: SR-CBOE-2019-017
Date filed: April 10, 2019
Description:

The Exchange proposes to update defined terms in its Rules, delete obsolete and redundant language and make other nonsubstantive changes.

Cboe Options Rule Filings Archive