- All Cboe Options Exchange Products are Available for Trading
- Cboe Trading Floor is Open, With Exception of Cboe Volatility
Index Options (VIX) Trading Pit
- VIX and VIXW Options to Trade Electronic-Only on Tuesday
- Exchange Intends to Relocate VIX Pit to Alternate Space and
Re-Open VIX Floor Trading on Wednesday
CHICAGO, Dec. 27,
2022 /PRNewswire/ -- Cboe Global Markets, Inc.
(Cboe: CBOE), a leading provider of global market infrastructure
and tradable products, announced that options on the Cboe
Volatility Index (VIX) will trade electronic-only today. The
transition to electronic-only trading for VIX options is the result
of the temporary closure of the VIX pit on the Cboe trading floor
due to water damage sustained from a burst pipe above the trading
floor. The Cboe trading floor will be open and available for all
other Cboe Options Exchange products.
As a result of the temporary pit closure, Cboe Volatility Index
options (VIX and VIXW) will be available for trading
electronic-only, with no open outcry trading, for at least
today. The exchange intends to implement contingency plans to
relocate the VIX trading pit to an alternate space on the trading
floor so that VIX and VIXW options may re-open for floor trading on
Wednesday, December 28, alongside
electronic trading. An update on the status of the planned VIX pit
re-open will be provided later in the day today.
All other products and areas of the Cboe trading floor,
including the S&P 500 Index (SPX and SPXW), Russell 2000 Index
(RUT), SPDR ETF (SPY), and all equity options trading crowd spaces
are not impacted and will be available for both their regular
electronic and open outcry trading. The Cboe Options Exchange is a
hybrid market combining open outcry floor trading with electronic
For additional information and updates, please refer to Cboe
Options Exchange System Status Notices on the Cboe website.
About Cboe Global Markets, Inc.
Cboe Global Markets (Cboe: CBOE), a leading provider of market
infrastructure and tradable products, delivers cutting-edge
trading, clearing and investment solutions to market participants
around the world. The company is committed to operating a trusted,
inclusive global marketplace, providing leading products,
technology and data solutions that enable participants to define a
sustainable financial future. Cboe provides trading solutions and
products in multiple asset classes, including equities,
derivatives, FX, and digital assets, across North America, Europe and Asia
Pacific. To learn more, visit www.cboe.com.
Kenneth Hill, CFA
Cboe®, Cboe Global Markets®, Cboe Volatility Index®,
VIX® and XSP® are registered trademarks and Cboe Futures
ExchangeSM is a service mark of Cboe Exchange, Inc. or
its affiliates. Standard & Poor's®, S&P®, SPX®, and S&P
500® are registered trademarks of Standard & Poor's
Financial Services, LLC, and have been licensed for use by Cboe
Exchange, Inc. All other trademarks and service marks are the
property of their respective owners.
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SOURCE Cboe Global Markets, Inc.