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Market regulation · 24/02/2011

Chicago Board Options Exchange, Incorporated Seeks Approval to List New Options Prices for Volatility Indexes

The Chicago Board Options Exchange, Incorporated is proposing a new rule change to allow for the listing of $0.50 and $1 strike price increments on certain options used to calculate volatility indexes, a move aimed at increasing market efficiency and providing more accurate price quotes.

Source: Federal Register — SECOpen original release →