Cboe VIX options trade electronic-only on Tuesday

Water damage from a burst pipe resulted in a temporary trading pit closure with no open outcry trading for the day. 

Options on the Cboe Volatility Index (VIX) traded electronic-only on Tuesday, with no open outcry trading, after water damage from a burst pipe above the trading floor resulted in a temporary closure of the VIX trading pit.  

The exchange implemented contingency plans to relocate the VIX trading pit to an alternative space on the trading floor, withopen outcry trading for VIX and VIXW Options re-opened from the morning of 28 December, alongside electronic trading.  

All other products and areas of the Cboe trading floor, including the S&P 500 Index (SPX and SPXW), Russell 2000 Index (RUT), SPDR ETF (SPY), and all equity options trading crowd spaces are not impacted and are available for both regular electronic and open outcry trading.