Search Results for keywords:"Cboe Exchange"

Cboe Exchange, Inc. proposes to increase fees for its Legacy Silexx platform versions due to ongoing maintenance as they transition users to newer platform versions. The fee changes involve higher monthly rates for different platform versions; for example, the fee for the Basic version will increase from $500 to $625 per login. These platforms are optional tools for executing trades, and users can switch to other products if they find them more cost-effective. The Securities and Exchange Commission is accepting public comments on this proposal.

The Securities and Exchange Commission (SEC) has announced that the Cboe BZX Exchange, Inc. has proposed a rule change. This change aims to align its rules for listing equity options with $1 strike prices with those of its affiliated exchange, Cboe Exchange, Inc. The SEC has allowed this proposed rule change to take effect immediately to ensure consistency across exchanges without introducing new regulatory concerns. Public comments on the proposal are invited until February 19, 2025.

The Securities and Exchange Commission (SEC) approved a rule change proposed by Cboe Exchange, Inc., concerning auction notification messages and index combo orders in SPX, which is a type of options trading based on the S&P 500 Index. This rule modifies the minimum price increments for these orders in electronic auctions, aiming to align them with trading done on the floor for consistency and fair price improvement. The change is intended to make sure investors placing large or complex SPX options can receive better price improvements and more transparent pricing information during electronic auctions. The overall goal is to promote competition and provide improved opportunities for investors in electronic and floor-based trading environments.

The Securities and Exchange Commission (SEC) has announced that the Cboe EDGX Exchange, Inc. has filed a proposed rule change. This change aims to align the exchange's rules for listing options with $1 strike prices with those of its affiliate, Cboe Exchange, Inc. The SEC has approved an immediate effect for this rule change, bypassing the usual 30-day waiting period, because it does not raise new regulatory concerns and helps ensure consistent rules across related exchanges. The public is invited to submit comments on this rule change by February 19, 2025.

The Securities and Exchange Commission (SEC) has received a proposal from Cboe Exchange, Inc. to amend certain rules, allowing them to list and trade options on three Ethereum-based ETFs: the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. The proposal includes changes to rules about the criteria for underlying securities, as well as position and exercise limits for these options, which are based on the number of shares and trading volume. The goal is to provide investors with a new tool for managing risks associated with investments in Ethereum. The SEC is seeking public comments on this proposal to consider its compliance with the Securities Exchange Act of 1934.

The Securities and Exchange Commission gave notice of the Cboe Exchange's proposed rule change, allowing for listing and trading options on the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF. The proposal seeks to amend existing rules to facilitate these options trades, adding a position limit of 25,000 contracts per Ethereum Fund option. The Cboe Exchange argues that trading options on these funds will provide investors a cost-effective and transparent way to gain exposure to Ethereum without directly handling the cryptocurrency. The SEC is inviting public comments on this notice and has waived the typical 30-day waiting period, allowing the rule to take immediate effect.

The Cboe Exchange, Inc. filed a proposal to change its fee structure regarding expiring fee waivers and incentive programs, effective January 4, 2021. The proposed changes include adjusting the incentive programs for market makers in specific index options, like MSCI EAFE (MXEA) and Emerging Markets (MXEF), and increasing financial incentives for quoting in S&P 500 (SPX) options during global trading hours. Additionally, the proposal plans to remove expired incentives related to the FTSE 100 Mini Index (UKXM) options. These changes aim to encourage liquidity and active markets, benefiting overall market quality to the advantage of all participants.

The Cboe Exchange, Inc. has proposed a rule change to eliminate position and exercise limits for options on the S&P 500 Equal Weight Index and the S&P 500 Scored & Screened Index. This change aims to align these options with other broad-based index options like those for the S&P 500, which already have no such limits. By removing these restrictions, the Exchange believes it will increase trading flexibility and enhance the ability of market participants to execute their investment strategies across related indexes. The proposal also notes that similar options without these limits have ample market liquidity, reducing concerns about market manipulation.

The Cboe Exchange, Inc. has proposed a rule change to update its fees schedule to support listing and trading of options linked to the Cboe Bitcoin U.S. ETF Index and the Cboe Mini Bitcoin U.S. ETF Index. Proposed fees include $0.50 for customer orders and $1.00 for non-customer orders for the Bitcoin ETF Index options and lower fees for the Mini ETF Index options. Standard surcharges, fee programs, and rebates for liquidity providers and market makers are also included in the changes. The proposed incentives aim to encourage liquidity and tighten trading spreads to benefit all market participants.

The Cboe Exchange, Inc. has proposed a rule change to allow the listing and trading of index options with a smaller index multiplier of one, known as "micro-options." This change aims to make it easier for retail investors to access the market by providing lower-priced options, reflecting 1/100th of the value of current index options. The micro-options are designed to expand investor choices by allowing more precise hedging strategies, especially for smaller investments. The Securities and Exchange Commission (SEC) is inviting public comments on this proposal to evaluate its impact and ensure it aligns with the rules of the Securities Exchange Act of 1934.