Market regulation · 20/09/2010

CBOE Proposes Rule Change to Waive Transaction Fees for SPDR Options Traders

The Chicago Board Options Exchange (CBOE), a self-regulatory organization, has filed a proposed rule change to waive transaction fees for public customer orders in SPDR options executed in open outcry or the Automated Improvement Mechanism (AIM). The rule change, which would take effect immediately, aims to reduce costs for customers trading SPDR options on the CBOE exchange.