Cboe Global Markets, Inc. (CBOE) Extends Trading Hours for Select Equity and ETF Options
Cboe Global Markets (CBOE) extended trading hours for select equity and ETF options, adding pre-market (7:30–9:25 a.m. ET) and post-market (4:00–4:15 p.m. ET) sessions. The move covers options representing about 53% of 2023 year-to-date U.S.-listed options volume. Cboe aims to drive volume and fee growth in these sessions.
How this was made

The 30-second read
Why it matters
The announcement provides a new revenue stream but its magnitude is uncertain until usage data emerges.
Market read
A modest corporate development that may slightly improve CBOE's fee outlook.
What to watch
Broker adoption speed and regulatory approval timelines could delay the expected benefits.
Background
Cboe is expanding its product suite beyond index options, aiming for 24‑hour‑like access for equity and ETF options.
Ticker impact
Cboe Global Markets announced new pre- and post‑market sessions for select equity and ETF options, a first‑time product expansion.
potential modest upside as traders explore the new sessions
New trading windows are a modest catalyst; impact depends on adoption by brokers and investors.
Market effects
May encourage other exchanges to consider similar extensions, modestly affecting the options market sector.
U.S. options market sees a slight increase in trading flexibility.
Limited to U.S. listed equity and ETF options; minimal global ripple.
Counterpoint
Extended hours could dilute liquidity and increase spreads, offsetting fee gains.
Key entities
- CompanyCboe Global Markets, Inc.
Operator of the CBOE options exchange.



