Cboe Global Markets

Tradedesk Updates

This notice is being disseminated to announce a production Virtual Trading Floor (“VTF”) testing opportunity on Saturday, January 23, 2021, for Trading Permit Holders (“TPHs”) in the SPX, VIX and Multi-List trading crowds. Please click title for more details.

Effective February 8, 2021, the manual validation and firm contact administered by Membership Services will be replaced by system enforcement of the requirement for registered Market Maker accounts. Please click the title for complete details.

Pursuant to Cboe Options Rule 5.50(g)(1), the Exchange rebalances the option class appointment unit tiers, excluding the “AA” tier, every calendar quarter based on national average daily volume (ADV), which may result in additions or deletions to each tier’s composition. Please click the title for complete details.

Effective January 29, 2021, all Cboe-affiliated Options Exchanges will require the SendTime input field for Cancel Order and Purge Orders BOE messages. Any Cancel Order and Purge Orders BOE message with a zero value for SendTime will be rejected. Please click the title for complete details.

Effective January 13, 2021, Cboe Options (“C1”) will introduce a new Floor Broker ADV report. The Floor Broker ADV report will provide details regarding a firm’s current tier, qualifying and non-qualifying volume levels, permit rebate amounts, and average daily volume. Please click the title for complete details.

This notice is being disseminated to announce a production VTF testing opportunity on Saturday, January 9, 2021, for TPHs in the VIX and Multi-List trading crowds. Please click title for complete details.

Effective January 25, 2021, additional details will be included in the Clearing TPH Fee Cap section of the Cboe Options (“C1”) Consolidated Tier Report. This report provides month-to-date figures related to a TPH’s tier satisfaction impacting C1 billing.

On Thursday January 7, 2021, Cboe Global Markets will host a remote town hall meeting via Microsoft Teams to discuss the new Cboe Options Trading Floor design. Please click the title for complete details.

Effective Monday, January 4, 2021, Cboe Silexx will introduce the following fees; Please click title for complete details

Cboe is pleased to share that today Cboe Global Markets announced it has completed its acquisition of BIDS Trading, the largest independent block trading venue by volume in the U.S. This acquisition ushers in a new era for Cboe, providing a significant foothold in the off-exchange segment of the U.S. equities markets. Please click the title for complete details.