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Cboe’s Nanos Option to Launch March 14

Cboe Global Markets, Inc announced it plans to launch trading in Nanos by Cboe beginning Monday, March 14, subject to regulatory approvals. At a fraction of the size of a standard options contract, Nanos is a one-multiplier, cash-settled listed options contract that will help provide greater access to options trading. The new contracts will be listed exclusively on the Cboe Options Exchange. Nanos will be available to trade based on the value of the S&P 500 Index1, providing investors with a simple and cost-effective way to gain broad exposure to the U.S. equity market and execute hedging, asset allocation and income generation strategies. The product is expected to result in an average premium price of approximately $5 per contract (excluding applicable transaction fees and broker commissions), lowering the financial barrier to entry for many investors. In addition, at 1/100th the size of the Mini-S&P 500 Index options (XSP) contract, Nanos are designed to help traders more easily identify and size trades, providing them with greater precision when hedging or taking a directional position.

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