NYSE Arca, Inc. Requests Extended Time for Commission Review of Mini-Options Contracts

Summary

NYSE Arca, Inc. has submitted a notice to the SEC requesting an extended period for the commission's review of a proposed rule change to list and trade mini-options contracts, which represent option contracts overlying 10 shares of a security, and to implement the necessary rule text to distinguish these contracts from standard option contracts overlying 100 shares of a security.