The companies, products and regulatory developments shaping the broker industry.
An SEC notice sets out electronic price-improvement and solicitation auctions for customised equity options, but leaves launch access and operational readiness as separate questions.
The exchange reports 2.33m FLEX contracts traded per day. A possible move to cash-settled single-stock contracts is still a separate pending regulatory matter.
Cboe reports a Q3 record in flexible options and more than 71 million contracts of open interest, while a potential cash-settled single-stock extension remains a regulatory proposal.