Effective trade date January 27, 2025, all Cboe-affiliated U.S. Options Exchanges are introducing the new Cboe Timestamping Service to provide market participants with additional quote, order and cancel related timestamp information, subject to regulatory review.
This service will enable Members and TPHs to self-subscribe and receive timestamp information on a T+1 basis for select messages.
The Cboe Timestamping Service will provide the following benefits:
- Enables insight into Member and TPH quotes, orders, modifications, and cancellation messages throughout Cboe’s exchange infrastructure.
- Enhances access and visibility into resting, displayed liquidity and SUM Auction by quantifying latency reduction targets.
The new Cboe Timestamping Service will be available across two distinct reports, the Missed Liquidity Report and the Cancels Report. These reports will be available on a best-efforts…
Read More