The launch of actively quoted complex orders on Cboe Global Markets

Discussion in 'Options' started by ajacobson, Jun 15, 2024.

  1. I am sure they love it :)
     
    #11     Jun 16, 2024
  2. ajacobson

    ajacobson

    They love it and hopefully, it will evolve to SPX/VIX cross-market spread dissemination. Also, pit quoted on a more limited basis, but still pretty fat.
     
    #12     Jun 16, 2024
  3. Do you mean the basis packages? I think their new variance swap futures would be a better way of trading these packages anyway (so it would be m2 * T - m1 * t0 - vix[m1, m2])
     
    #13     Jun 16, 2024
  4. TheDawn

    TheDawn

    $$$$$$$ for all the arb opportunites...
     
    #14     Jun 17, 2024
  5. I hope Interactive Brokers makes the box spread quotes visible to their customers.

    I'm not sure though if I understand why market makers were previously not allowed to quote box spreads and the other complex order types, and whether the new quotes will be just indicative or actually represent the best achievable fill.
     
    #15     Jul 24, 2024
  6. In fact, that came up yesterday during their variance futures webinar. Var/VIX will be cross-margined and (probably) quoted as EFRP.
     
    #16     Jul 24, 2024
    qwerty11 likes this.