AM Settlement Values

U

uptickk

Anyone else extremely annoyed that it takes the CBOE the majority of the trading session to post AM settlement values. I want whoever was on vacation the past 2 weeks at the CBOE to make their vacation permanent. I swear the values were out within 2-2.5 hours of the opening bell.

It blows my mind how long it takes and that the CBOE doesn’t realize that it holds up margin thus reducing trading fees.
 
Same story on NDX today. Its an hour and a half before the market closes and still no am settlement value. CBOE, you are worthless.
 
Quote from thegazelle:

Perhaps reduced volume in the u/l stocks made them easier to open and thus generate the settlement values more quickly?
More...

Perhaps, but I have never understood why this is rocket science. Once all the individual components open it should take like 2 seconds to calculate. And you can’t tell me on a day like today that the 100 stocks in the NDX haven’t traded by now.
 
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