Gate News: On March 16, the Chicago Board Options Exchange Global Markets Company (CBOE) submitted a proposal on March 17 to extend its stock and options trading hours on the EDGX exchange. According to the proposal, all listed NMS stocks (National Market System stocks) will be tradable from 9 p.m. to 8 p.m. Eastern Time on Sundays through Fridays, with a one-hour trading halt from 8 p.m. to 9 p.m. Monday through Thursday. CBOE stated that there has been increased demand for US stocks outside traditional trading hours in recent years. CBOE already operates around-the-clock trading through its proprietary index futures, options, and global forex markets. Oliver Sung, head of CBOE’s North American equities division, said that submitting the document to the SEC is the latest step in preparing to launch trading in December. CBOE offers stock and derivatives trading platforms, including products linked to the VIX volatility index (the market fear gauge).
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