Regulacje i polityka gospodarcza · 19/11/1998

SEC Approves Expanded 2 1/2 Point Strike Price Pilot Program for US Options Exchanges

The US Securities and Exchange Commission has approved a proposed rule change by the American Stock Exchange, Inc., Chicago Board Options Exchange, Inc., Pacific Exchange, Inc., and Philadelphia Stock Exchange, Inc., to expand and permanently approve the 2 1/2 point strike price pilot program, which aims to improve market efficiency and reduce volatility in options trading.