Rule filings are not effective until approved by the Securities and Exchange Commission ("SEC"), with the exception of certain types of rule filings that may take effect upon filing with the SEC if they meet the conditions specified under Section 19 of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder. Below are pending rule filings submitted by the Exchange, followed by rule changes that have been approved by the SEC or became immediately effective pursuant to the Exchange Act.
The Exchange proposes to amend its Rules to permit the listing of binary options overlying key performance indicators (“KPIs”) reported by certain issuers of stock (“binary KPI options”).
The Exchange proposes to amend rules to permit binary options on all indexes (i.e., narrow-based indexes in addition to broad-based indexes) and update binary option position limit rules to apply on an expiration basis.
The Exchange proposes to amend certain of its rules regarding complex orders and complex order auctions to accommodate stop-limit complex orders and establish Stop Complex Order Auctions (“SCOA”) as a new type of auction mechanism.
The Exchange proposes to amend rules relating to Designated Primary Market-Makers (“DPMs”) and DPM Appointments in Global Trading Hours and Curb Sessions.
The Exchange proposes to codify that certain disruptive order and quote entry and trading activity is prohibited by Exchange Rules as being inconsistent with just and equitable principles of trade.
The Exchange proposes to amend Rule 4.13 to allow for expiring non-Volatility A.M.-settled index options to trade until the exercise settlement value is determined on the expiration date.
The Exchange proposes to extend the operation of its Flexible Exchange Options pilot program regarding permissible exercise settlement values for FLEX Index Options.
The Exchange proposes to update its Fees Schedule in connection with the Exchange’s plans to list and trade FLexible EXchange index options with an index multiplier of one (“FLEX Micro Options”).
The Exchange proposes to extend the temporary remote inspection relief for Trading Permit Holder’s office inspections for calendar years 2020 and 2021 to include calendar year 2022 through December 31, 2022.
The Exchange proposes to extend the operation of its Flexible Exchange Options pilot program regarding permissible exercise settlement values for FLEX Index Options.
The Exchange proposes to modify how Drill-Through Price protection applies to orders submitted by a User when multiple Stop Orders and Stop-Limit Orders are triggered by the same price.
