ARM Options to Be Available for Trading on Monday After IPO
- OCC lists 14 exchanges that would offer options Monday
- Nasdaq confirmed that its six exchanges will offer ARM options
Arm Holdings Plc signage at the Nasdaq MarketSite in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
ARM Holdings Plc options will be available to trade on Monday, the first time contracts are offered within two trading days of a company’s initial public offering.
Nasdaq confirmed in an email that recent changes have enabled securities that meet certain criteria to have options listed on the second day after their IPO, compared with the old standard of four days. ARM is the first company to which the new standards will be applied, according to the exchange.