05:30

Technical Connectivity

• Commencement of technical connectivity;
• No order entry, modification or cancellation is permitted.

06:35 – 10:00

(06:35 – 09:50* for Cboe Warrants over Indices, Currencies and Commodities)

Pre-market

• Participants may check connectivity and details concerning securities available for trading but will not be able to enter orders into the Cboe market;
• The Cboe Trading System will not match orders;
• Trade Reports may be lodged in accordance with the Cboe Operating Rules and the Market Integrity Rules.

10:00 – 16:13

Continuous Trading (including Hidden Market on Close)

• Participants may enter limit and price improvement orders for eligible securities into the Cboe Market;
• Cboe Trading System will allow order entry and match orders;
• Participants may enter hidden Market on Close (MOC) Orders for eligible securities into the Cboe Market;
• Trade Reports may be lodged in accordance with the Cboe Operating Rules and the Market Integrity Rules.

16:12 – 16:20

@Last Trading Phase

• Participants may enter hidden MOC Orders for eligible securities into the Cboe Market.

16:13 – 18:55

Post-Trading Administration

• Participants cannot enter or amend orders for Non-MOC orders from 16:13;
• Orders are not matched in this period;
• Trade Reports may be lodged in accordance with the Cboe Operating Rules and the Market Integrity Rules;
• All orders remaining in the Cboe market at the end of this period will be automatically cancelled.

19:00

End of Technical Connectivity

• All participant connections to Cboe are closed;
• Intraday trade cancellations are no longer possible.