NYSE proposes extended trading hours for certain options

NYSE American, the options exchange arm of Intercontinental Exchange, filed a proposed rule change with the SEC on June 5 to extend trading hours for a curated set of highly liquid equity options. If approved, it would add both an early morning session and a brief post-close window to the standard trading day. The move follows Cboe’s approval for a nearly identical structure just eight days earlier, signaling that the options world is quietly catching up to the extended-hours access that equity traders have enjoyed for years. What the proposal actually looks like NYSE American is asking to create two new trading windows. The first, dubbed the Early Trading Session, would run from 7:30 a.m. to 9:25 a.m. ET, giving traders a two-hour runway before the regular session kicks off at 9:30 a.m. The second, a Late Trading Session, would cover 4:00 p.m. to 4:15 p.m. ET, tacking on a brief 15-minute extension after the close. Not every option would qualify. The exchange is limiting eligibility to roughly 100 of the most heavily traded, multi-listed equity options classes. To make the cut, an option needs to meet two thresholds: an average daily volume of at least 150,000 contracts and an und...