Prohibition on Market Making Trading Behavior in US Equity Option Market

[newwurldmn]

Can you elaborate on why it's better?

you trade first at the same price.

 

[traider]

you trade first at the same price.

I want to read more about this, can you direct me? It seems to be different for different exchanges and there are a lot of option exchanges.

 

[ETJ]

Sixteen going on seventeen exchanges. Start with the CBOE membership department.

 

[destriero]

FSU- I can't confirm that buy to open on one option exchange and sell to open on another is allowed. That might be true. The orders still need to be tagged correctly and your broker's risk and compliance checks need to allow it.

You'd have to run the BTO and STO on different brokers. It's not going to work at LS (Wedbush) IBKR, TDA, etc.