Cboe Options Rule 5.31 Amendment on Global Trading Hours Opening Auctions
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
🇬🇧 English
Cboe Options is changing Rule 5.31, which governs how its system starts the opening auction for equity options during Global Trading Hours. The rule sits alongside a recent approval allowing some multi-listed equity options to trade outside regular U.S. market hours. The practical effect is mainly operational. Options traders, market makers, brokers, and compliance teams that support Cboe Global Trading Hours should review the updated opening-auction process and make sure their systems and procedures match the new timing rules.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Amends Cboe Options Rule 5.31 for the opening auction process during Global Trading Hours.
- Addresses when the Cboe system starts the opening rotation for equity options in Global Trading Hours.
- Supports the broader rollout of trading for certain multi-listed equity options outside regular U.S. market hours.
Affected Parties
Cboe Options market participantsOptions traders and market makers+1 more…
Tags
Cboe Options,equity options,opening auction…