Cboe to Offer Single Stock Options in Europe

Cboe Europe Derivatives (CEDX) has confirmed that it is set to offer single stock options from next month, with equity options available from November 6, having secured backing from a broad range of participants. Following regulatory approvals, the available products are set to be expanded by the end of Q1 2024, and plans are in place to begin Cboe’s Liquidity Provider Program for all equity options after the March 2024 expiry period. The single stock options traded on CEDX will be cleared by Cboe Clear Europe N.V. In addition, stock settlement on options exercise and assignment will take place in domestic Central Securities Depositories, “removing unnecessary costs and allowing for settlement netting with relevant cash equities transactions,” according to a story in The Trade news.