NYSE has a dual options market structure that offers option traders choice and flexibility, all through a single technology platform. The NYSE American Options pro-rata, customer priority model encourages deep liquidity while the NYSE Arca Options price-time priority model provides enhanced throughput and encourages market makers to provide investors with the best possible price. Both markets provide a powerful mix of electronic trading and open outcry interaction to meet all of your options trading needs.
Equity options, which are the most common type of equity derivative, give an investor the right but not the obligation to buy or sell a call or put at a set strike price prior to the contract’s expiry date.
Index options make it possible for investors to seek either profit or protection from price movements in a market as a whole or in broad segments of a particular market.
Options on ETFs allow investors to gain exposure to the performance of an index, hedge against a decline in assets, enhance portfolio returns, and/or profit from the rise or fall of a leveraged ETF.
FLEX and LEAPS options offer investors increased flexibility in terms of contract customization (such as expiration date, exercise style, and exercise price) and time frame (with expirations of up to three years out).
These Frequently Asked Questions provide an overview of NYSE Options Technology.
Pre- and Post-Trade Risk Controls
See the risk controls employed in the NYSE American Options and NYSE Arca Options markets.
CUBE offers electronic price improvement auctions for paired orders of any size matched through NYSE American.
Buttonwood Room for Options Markets
The redesigned Buttonwood Room was specifically constructed to meet the needs of options traders.