2026-04809NoticeWallet

Cboe Pushes Dow Options to Afternoon Settlement—SEC Takes Extra Nap

Published Date: 3/12/2026

Notice

Summary

The Cboe Exchange wants to change its rules so options on the Dow Jones Industrial Average can settle in the afternoon instead of the morning. The SEC is taking extra time to review this change and will decide by April 26, 2026. This affects traders and investors who use these options and could impact how they manage their money.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

DJIA Options May Settle in PM

If you trade options on the Dow Jones Industrial Average, Cboe filed a proposal to allow those options to be P.M.-settled (settle in the afternoon). The Securities and Exchange Commission has extended its review and will decide by April 26, 2026 whether to approve or disapprove that proposed change.

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Key Dates

Published Date
Effective Date
3/12/2026
4/26/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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