The CBOE announced that Customers (Individual Investors) will not be charged any fees by the CBOE for the new Mini-Options Contracts being introduced next Monday, March 18th.
Here is an abbreviated version of CBOE RG 13-044 explaining the policy
CBOE Regulatory Circular RG13-044
Date: March 14, 2013
From: Finance and Administration
RE: Transaction Fees for Mini-Options Contracts
On March 18, 2013, Chicago Board Options Exchange, Inc. (“CBOE”), will list for
trading mini-options on the following five securities:
|Company||Option Symbol||Mini-Option Symbol|
|SPDR GOLD SHARES||GLD||GLD7|
|GOOGLE CLASS A||GOOG||GOOG7|
|SPDR S&P 500 ETF TRUST||SPY||SPY7|
Transaction Fees for Mini-Options
Market-makers, broker-dealers or others not classified as Customers should refer to RG 13-044 for more information.