Cboe Global Markets expects to list options on SK Hynix's U.S.-listed shares two business days after the stock's trading debut, a source familiar with the matter told Reuters. The South Korean chipmaker raised $26.5 billion in its share sale and is set to make its Wall Street entry later on Friday. Options tied to the Nasdaq listing will trade according to existing regulatory rules and the Options Listing Procedures Plan framework. SK Hynix, valued at about $1.03 trillion based on its South Korea-listed shares, did not immediately respond to a request for comment.
Cboe Global Markets IncCboe expects to list options on SK Hynix's U.S. shares, generating new trading volume and fee revenue.
SK Hynix IncSK Hynix raised $26.5 billion in its U.S. share sale and is set to debut on Nasdaq, increasing its access to capital and investor base.