Cboe Global Markets, Inc, a provider of global market infrastructure and tradable products, has re-opened floor trading of options on the Cboe Volatility Index.
Cboe Global Markets, Inc, a provider of global market infrastructure and tradable products, has re-opened floor trading of options on the Cboe Volatility Index (VIX).
The VIX trading pit on the Cboe trading floor was temporarily closed on Tuesday 27 December as a result of water damage sustained from a burst pipe above the trading floor. VIX and VIXW options were traded in electronic-only mode while open outcry trading was unavailable.
VIX and VIXW options are available again for both electronic and open outcry trading beginning Wednesday. To resume floor trading, the VIX trading pit is being temporarily relocated to an alternate space on the Cboe trading floor while repairs to the damaged trading pit will be made.
All other products and areas of the Cboe trading floor, including the S&P 500 Index (SPX and SPXW), Russell 2000 Index (RUT), SPDR ETF (SPY), and all equity options trading crowd spaces have not been impacted and continue to be available for both their regular electronic and open outcry trading. The Cboe Options Exchange is a hybrid market combining open outcry floor trading with electronic trading.