Federal Register #SR-NYSEARCA-2026-35

SEC Rule Change for NYSE Arca Options on MSCI Indexes

This notice details a regulatory change by the Securities and Exchange Commission (SEC) regarding options trading on NYSE Arca, Inc.: - Government Buyer: - Securities and Exchange Commission (SEC), Division of Trading and Markets - OEMs and Vendors: - MSCI Inc. (provider of the MSCI World Index, MSCI ACWI Index, and MSCI USA Index) - Products/Services Requested: - Options contracts on: - MSCI World Index (1/100 value), part number: WORLD (1/100) - MSCI ACWI Index (full value), part number: ACWI - MSCI USA Index (1/100 value), part number: USA (1/100) - All options are P.M.-settled, cash-settled, European-style exercise, with a $100 contract multiplier - Position limits set at 50,000 contracts - Unique or Notable Requirements: - Options are based on broad-based, capitalization-weighted indexes calculated by MSCI Inc. - Designed to enhance market liquidity and provide additional hedging opportunities for investors - No procurement of goods or services; this is a regulatory change to facilitate new financial instruments

Description

This notice announces a proposed rule change filed by NYSE Arca, Inc. with the Securities and Exchange Commission to facilitate the transfer and trading of options linked to a reduced value of the MSCI World Index (1/100), the full value of the MSCI ACWI Index, and a reduced value of the MSCI USA Index (1/100). The proposal includes amendments to several exchange rules to enable trading of these P.M.-settled, cash-settled, European-style exercise options. The indexes are broad-based, free float-adjusted market capitalization indexes representing global and U.S. equity markets. The rule change aims to attract more investors by offering options on a fraction of the index values, allowing smaller capital outlays and enhanced hedging opportunities.

View original listing