According to Odaily Planet Daily, Cboe Global Markets, operator of the Chicago Board Options Exchange (CBOE), is seeking to extend options trading hours, pushing the US market further towards overnight trading. According to documents, the company proposes to add trading hours beyond the regular trading session (9:30 AM to 4:00 PM New York time). If approved, CBOE would add a morning session from 7:30 AM to 9:25 AM and an after-hours session from 4:00 PM to 4:15 PM. US stock exchange operators are attempting to extend trading hours to match overseas demand, and CBOE is one of the first derivatives exchanges to propose such adjustments, signaling that the options market is moving towards expanding trading hours in tandem with the stock market. Documents indicate that CBOE intends to extend trading hours only for certain stock options categories, depending on trading volume, market capitalization, and trading activity. The extension will be limited to specific contracts and will be piloted on a small scale before and after regular trading.
