Federal Register #SRISE2026 22

SEC Approves Expanded Expiration Days for Nasdaq-100 Index Options on Nasdaq ISE, LLC

This opportunity involves a regulatory approval by the Securities and Exchange Commission (SEC) for Nasdaq ISE, LLC: - SEC has approved a rule change submitted by Nasdaq ISE, LLC - The rule allows listing of A.M.-settled options on the Nasdaq-100 Index (NDX) - Options can now expire on any Monday, Tuesday, Wednesday, Thursday, or Friday - Excludes the third Friday of the month and days coinciding with end-of-month expirations - Also permits expiration on the last trading day of the month - The change expands flexibility for investors by increasing available expiration dates for NDX options - SEC confirms Nasdaq ISE, LLC has adequate surveillance and system capacity to support expanded offerings - No specific products, part numbers, or purchase quantities are mentioned - The notice is focused on regulatory changes, not procurement

Description

The Securities and Exchange Commission has approved a proposed rule change by Nasdaq ISE, LLC to allow the listing of A.M.-settled options on the Nasdaq-100 Index. These options may expire on any Monday, Tuesday, Wednesday, Thursday, or Friday except the third Friday of the month or days coinciding with end-of-month expirations, and also on the last trading day of the month. The rule change aims to provide investors with more flexibility in managing risk and investment objectives by expanding expiration options. The approval includes provisions for the maximum number of expirations and ensures adequate surveillance and system capacity to support the new options.

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