Regulatory Alert
MIAX Pearl Equities
March 10, 2023 | 02:55 PM
MIAX Exchange Group - Option & Equity Markets - Cboe Exchange Has Received Approval to Amend Cboe Rule 10.3 Regarding Margin Requirements
The Cboe Exchange, Inc. (“Cboe”) has received approval from the Securities and Exchange Commission (“SEC”) to amend Cboe Rule 10.3 regarding margin requirements related to cash-settled index options written against exchange-traded funds (‘‘ETF(s)’’) that track the same index underlying the option.
MIAX Exchanges are required by rule to inform Members of changes to Cboe or New York Stock Exchange margin rules published by the SEC.
For more information, please refer to the following Regulatory Circulars:
- MIAX Options RC 2023-11
- MIAX Pearl Options RC 2023-09
- MIAX Emerald Options RC 2023-10
- MIAX Pearl Equities RC 2023-06