Designated Members

Pursuant to Interpretation and Policy .01 of BYX, BZX, EDGA, and EDGX Rule 2.4, Interpretation and Policy .01 of Cboe Options and C2 Options Rule 5.24, and CFE Rule 513B(c)(i), for purposes of identifying Designated Participants under the applicable designation criteria (discussed in Member Selection Criteria), the Exchanges will measure volume executed on the respective Exchange during a single designated calendar quarter for a given year. The Exchanges will also individually notify all Designated Participants annually, and at least three (3) months prior to scheduled testing. For the October 24, 2026 mandatory test, the designated calendar quarter for measuring volume is Q1 2026.