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Screenshot of a breaking news alert e-mail from Q2 2017
CBOE Holdings, Inc. (NASDAQ: CBOE) announced it plans to list options on Altice USA, Inc. (ATUS), a U.S. cable provider.
CBOE Holdings anticipates trading in options on Altice USA will begin on Friday, June 30, once the underlying stock has been certified as meeting all of CBOE Holdings’ applicable exchanges’ listing criteria.
The company plans to list Altice USA options on its four options exchanges – Chicago Board Options Exchange (CBOE), C2 Options Exchange (C2), Bats’ BZX Options and Bats’ EDGX Options.
Underlying shares of Class A common stock of Altice USA began trading on the New York Stock Exchange (NYSE) June 22 after an initial public offering on Wednesday, June 21, in which they were priced at $30 a share.
The Designated Primary Market Maker (DPM) for options on Altice USA at CBOE is expected to be Citadel Securities LLC, and the Primary Market Maker (PMM) for EDGX is expected to be Morgan Stanley & Co. LLC.