Effective January 13, Cboe Options to Introduce New Floor Broker ADV Report

The Cboe Options Exchange announced on Monday that it will introduce a new Floor Broker ADV report, effective January 13, 2021.

The Floor Broker ADV report will provide details regarding a firm's current tier, qualifying and non-qualifying volume levels, permit rebate amounts, and average daily volume. On the effective date, Trading Permit Holders may sign up to receive the new Floor Broker ADV report via email by contacting the Trade Desk.

The report will detail volume that does and does not qualify towards the achieving tiers of the permit rebate. Proprietary volume will include Underlying Symbol List A, XSP, MXEA/MXEF/Sectors, and all other Index products. Multi-List will include everything except that which is included in Proprietary volume.