Cboe Tweaks Trading Rules in Latest SEC Filing Snooze
Published Date: 11/24/2025
Notice
Summary
Cboe Exchange is updating its rules to let traders buy and sell options on the new Magnificent 10 Index during both regular and extended trading hours. This change means more chances to trade and react to market moves throughout the day. The update is effective immediately, so traders can jump in right away without any extra fees or delays.
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
MGTN Options Trade During Extended Hours
The Exchange will permit options on the Cboe Magnificent 10 Index (MGTN) to trade during Global Trading Hours (GTH) and Curb Trading Hours in addition to Regular Trading Hours. GTH are from 8:15 p.m. (previous day) to 9:25 a.m., Monday through Friday, and Curb is from 4:15 p.m. to 5:00 p.m., Monday through Friday.
FLEX MGTN Options Eligible During Extended Hours
If the Exchange designates MGTN options for GTH or Curb, FLEX options with the same MGTN underlying are also deemed eligible to trade during those sessions. The rule amendment adds MGTN to the list of products eligible for GTH and Curb.
TPHs May Elect to Trade MGTN in Extended Sessions
All Trading Permit Holders (TPHs) will be able, but are not required, to trade MGTN options during GTH and Curb if the Exchange lists the product for those sessions. The rule simply extends permissible trading hours for a product that will trade during Regular Trading Hours.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163 — The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-12629 — Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To Amend Rule 11.25 To Introduce an Optional, Contingent Instruction Applicable to Periodic Auction Only Orders, Introduce a Time-in-Force of Auction or Cancel, and Make Conforming Changes to Its Periodic Auction Processing Behavior To Support the Proposed Contingent Instruction
The Cboe BYX Exchange wants to add a new optional instruction for certain auction orders and a special 'Auction or Cancel' timing rule to make trading smoother. The SEC is taking extra time to review these changes carefully before giving the green light. Traders and investors could see more flexible and efficient auction order options once approved.
2026-12631 — Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To Amend Rule 11.8(c) To Permit an Intermarket Sweep Order (“ISO”) To Be Entered as a Non-Displayed Order and To Establish the Price Level at Which the System Will Consider an ISO Available for Other Orders To Be Entered
Cboe EDGX Exchange is updating its rules to let special fast trades called Intermarket Sweep Orders (ISOs) be hidden from public view and to set clear price levels for when these orders can trigger other trades. This change helps traders act quicker and smarter without showing all their moves. The update could speed up trading and improve market efficiency starting soon after approval.
Previous / Next Documents
Previous: 2025-20689 — Order Cancelling Registration of Municipal Advisor, Melio & Company, LLC, Pursuant to Section 15B(c)(3) of the Securities Exchange Act of 1934
Melio & Company, LLC, a municipal advisor, has officially lost its registration because it stopped doing business. The SEC gave everyone a chance to speak up, but no one did, so the cancellation is final as of November 2025. This means Melio & Company can no longer offer municipal advisory services, and no money or hearings are involved now.
Next: 2025-20691 — Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the QOO and FOO Order Rebate in Section V. (Manual Transaction Fees) of the Fee Schedule for Trading on the BOX Options Market LLC Facility
BOX Exchange is boosting rebates for QOO and FOO orders to reward traders who use manual transaction methods. This change kicks in on October 1, 2025, making it cheaper and more attractive to trade on the BOX Options Market. Traders using these order types will see better savings right away!