-=Cboe Global Markets (CBOE) to extend global trading hours for S&P 500 Index (SPX) options and Cboe Volatility Index (VIX) options

 

Cboe Global Markets to extend global trading hours for S&P 500 Index (SPX) options and Cboe Volatility Index (VIX) options beginning November 21

The planned extension of Cboe's Global Trading Hours session aims to cater to growing customer demand globally for expanded access to trade Cboe's flagship SPX and VIX options, which are designed to help enable investors to hedge or gain exposure to the broad U.S. market and global equity volatility. SPX and VIX options are currently available in a GTH session that runs from 3:00 a.m. ET to 9:15 a.m. ET. The planned expanded GTH session would begin at 8:15 p.m. ET and run until 9:15 a.m. ET the following morning. Regular trading hours (RTH) then run from the U.S. market open at 9:30 a.m. ET until the market close at 4:15 p.m. ET. For each Monday business day, trading in GTH would begin Sunday evening.

In addition, the Regular trading hours session will be followed by a new curb session -- an extra half hour session for electronic trading beginning at 4:30 p.m. ET, Monday through Friday -- beginning September 27, 2021, subject to regulatory review. The curb session will be limited to SPX and VIX products and is intended to maximize the overlap in time that SPX and VIX options are open alongside the related futures contracts. Certification to the curb session will be available for customers beginning August 2, 2021, with test symbols available in the production environment beginning August 30, 2021.