2026-07043NoticeWallet

Cboe Opens Binary Options Trading Around the Clock

Published Date: 4/13/2026

Notice

Summary

Cboe Exchange is updating its rules to allow trading of binary options on certain index options during both Global Trading Hours and Curb Trading Hours. This change means traders can now buy and sell these special bets on market moves almost around the clock. The update is effective immediately, opening new opportunities for investors to trade with more flexibility and potentially more profit.

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Binary Index Options: Extended Trading Hours

The Exchange will allow binary options on exclusively listed broad-based index options to trade during Global Trading Hours and Curb Trading Hours. That means binary options on indexes such as SPX, VIX, XSP, RUT, and MRUT would be eligible to trade during GTH (8:15 p.m. previous day to 9:25 a.m. Monday–Friday) and Curb (4:15 p.m. to 5:00 p.m. Monday–Friday). The rule was filed March 27, 2026 and makes binary index options eligible for these extended hours similar to FLEX options.

Regulated Alternative to 24/7 Platforms

The rule permits the Exchange to list binary index options during extended hours to offer investors an on-exchange alternative to products currently sold on other platforms that operate 24 hours a day. The Exchange says listing these products on a national securities exchange provides centralized liquidity, market transparency, and securities regulation protections, and may allow trading of similar products nearly 24 hours a day, five days a week.

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Key Dates

Effective Date
Published Date
3/27/2026
4/13/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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