CBOE Asks SEC for Permission to List Daily Options

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CBOE Holdings Inc., operator of the largest U.S. options market, asked regulators for permission to become the nation’s first to list contracts that expire in as little as one day.

The daily options would be linked to as many as 200 stocks, exchange-traded funds, exchange-traded notes and indexes, according to a filing with the Securities and Exchange Commission dated Aug. 24. The contracts may have terms of one, two, three or four days, the owner of the Chicago Board Options Exchange said.