NYSE American proposal to extend trading hours for eligible equity options
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
NYSE American wants to allow certain eligible equity options to trade outside the regular 9:30 a.m. to 4:00 p.m. Eastern Time session. The proposal would create two additional trading sessions and set rules for how those extended-hours sessions would operate. The change matters for options exchanges, broker-dealers, market makers, institutional traders, and investors who use equity options. Firms would need to review order handling, risk controls, auction processes, staffing, and client disclosures for trading outside normal market hours.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Creates two additional trading sessions for certain eligible equity options
- Adds new rules governing extended-hours trading on NYSE American
- Updates auction process rules to account for trading outside the core session