Cboe to Enable Electronic Auction Mechanism for S&P 500 Index Options Products, Beginning February 22 https://www.tradersmagazine.com/dep...-electronic-auction-for-sp-500-index-options/
Found a few resources: Automated Improvement Mechanism https://cdn.cboe.com/resources/features/Cboe_USO_CrossingGuide.pdf https://markets.cboe.com/us/options/trading/crossing_orders/ http://www.marketswiki.com/wiki/Automated_Improvement_Mechanism
Thank you for sharing this. The entire article makes very good sense and it is also informative, thanks.
Ugh still trying to wrap my head around it, but from what I can understand the increased opportunities for price enhancement throughout the trading day, which further enhances the quality of the trade execution, has something to do with it. Hoping Iām right and if not, would like to hear it from other traders.