Cboe Clear US secures SEC approval to expand to securities
The registration will initially be used to clear Cboe’s binary securities options tied to corporate KPIs, set to be available on Robinhood in Q4.
The registration will initially be used to clear Cboe’s binary securities options tied to corporate KPIs, set to be available on Robinhood in Q4.
The new offering – set to launch on 13 July 2026 – will include a pre- and post-market session; builds on recent efforts to expand Cboe’s extended trading hours initiatives in other sectors of its business.
The expanded hours offering is currently expected to launch in December 2026 and follows increasing demand for expanded trading hours for US equities across the industry, according to the exchange.
The past week saw appointments and role changes across trading venues, the buy-side, and regulators.
“It’s been a great honour to serve with [SEC staff], doing the people’s work, and ensuring that our capital markets remain the best in the world,” said Gary Gensler, chair of the US Securities and Exchange commission in a recent speech.
Changes are expected to reduce transaction costs and improve market quality for all investors, alongside helping ensure that orders placed reflect the best prices available for all investors.
With the global market trend heading towards shorter settlement cycles, SEC chair stresses the need for the UK to kickstart compression plans even if some market participants raise concerns.
The investment advisor has acknowledged that its conduct violated the federal securities laws and agreed to implement improvements to its compliance policies and procedures.
Under the terms of the settlement, the Securities and Exchange Commission (SEC) will not receive any portion of the penalty until payment of all other allowed claims by the bankruptcy court have been completed.
New rules would require certain hedge funds active in the Treasuries market to register as dealers as the US regulator looks to reform the $26 trillion market.