UNITED STATES: Cboe Global Markets Plans to Launch Trading in Nanos

Thursday February 3 2022

Cboe Global Markets, Inc (Cboe: CBOE) have announced that it plans to launch trading in Nanos by Cboe on March 14^th, subject to regulatory approvals.

At a fraction of the size of a standard options contract, Nanos is a first of its kind, one-multiplier, cash-settled listed options contract that will help provide greater access to options trading. The new contracts will be listed exclusively on the Cboe Options Exchange.

Nanos will be available to trade based on the value of the S&P 500 Index1, providing investors with a simple and cost-effective way to gain broad exposure to the U.S. equity market and execute hedging, asset allocation and income generation strategies.

With a smaller multiplier than standard options contracts, Nanos S&P 500 options (ticker: NANOS) allow traders to express their opinions on market movements at a lower cost than options with larger contract sizes and thus higher notional values.

Nanos will be available to investors who are approved by their retail brokerages to trade options. To complement the launch of Nanos, the Cboe Options Institute plans to offer a new options introductory curriculum tailored to retail traders. In addition, Cboe expects to work with retail brokerages to provide additional educational resources and tools to help investors better understand the characteristics of options and build the knowledge they need to trade with confidence.

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