EQS-News: Cboe Announces Options Tick Increment Change For VIX Options
Cboe Futures Exchange LLC (CFE) and Cboe Options Exchange (C1) implemented the following changes to the Cboe Volatility Index (VIX) options and Mini Cboe Volatility Index (VXM) futures:
- Cboe Futures Exchange LLC (CFE) and Cboe Options Exchange (C1) implemented the following changes to the Cboe Volatility Index (VIX) options and Mini Cboe Volatility Index (VXM) futures:
CFE reduced the tick size for VXM futures. - C1 modified the minimum tick size for electronic and verbal bids and offers on single-leg quotes and orders in VIX options.
- C1 will require a minimum size on electronic market-maker quotes in VIX options.
- Specifically, CFE has modified the minimum tick size for electronic and verbal bids and offers on single-leg quotes and orders in VIX options as follows: