Search Results for keywords:"P.M.-settled options"

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Search Results: keywords:"P.M.-settled options"

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2025-03512 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Add P.M.-Settled Options on the Cboe Bitcoin U.S. ETF Index and the Mini-Cboe Bitcoin U.S. ETF Index With Third Friday Expirations, Nonstandard Expirations, and Quarterly Index Expirations
March 05, 2025
Type:Notice
Citation:90 FR 11343
Reading Time:about 32 minutes
The Securities and Exchange Commission (SEC) is reviewing a proposed rule change by the Cboe Exchange to introduce new options based on the Cboe Bitcoin U.S. ETF Index and the Mini-Cboe Bitcoin U.S. ETF Index. These options would settle at the end of the day and have various expiration frequencies, including daily, weekly, and monthly. The proposed rule change aims to give investors more options for hedging their bets and managing risk by providing more flexibility with the timing of their trades. The SEC is inviting public comments on this proposal to ensure it aligns with the regulations and benefits the investment community.
Simple Explanation
The SEC is thinking about letting people trade new special options that follow Bitcoin prices; these options make it easier for people to decide when they want to buy or sell. They want to make sure these options are good for everyone, so they're asking what people think.
2021-02780 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Order Approving a Proposed Rule Change, as Modified by Amendment No. 1, To Add Options on the Mini-Russell 2000 Index to Its P.M. Pilot Program
February 11, 2021
Type:Notice
Citation:86 FR 9108
Reading Time:about 12 minutes
The Securities and Exchange Commission has approved a rule change proposed by Cboe Exchange, Inc., which allows the exchange to add options on the Mini-Russell 2000 Index, known as MRUT options, to its pilot program for P.M.-settled options. These new options will be traded on a trial basis until May 3, 2021. The purpose is to evaluate the impact of P.M. settlement on market stability, utilizing enhanced data collection and analysis. The findings from this trial will aid both Cboe and the Commission in assessing the potential risks and benefits of expanding these options permanently.
Simple Explanation
The government is letting a stock market add a new type of option that lets people guess where a group of smaller company's stocks will end at the end of the day. They are trying it out for a little while to see if it makes things better or worse.

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