Cboe Global Markets, Inc. (Cboe: CBOE), one of the world’s largest exchange holding companies, today announced it plans to list options on Lyft, Inc. (LYFT), the fast-growing multimodal transportation network.
Cboe anticipates trading in options on Lyft will begin on Thursday, April 4, once the underlying stock has been certified as meeting all of Cboe’s applicable exchanges’ listing criteria.
The company plans to list Lyft options on its four options exchanges – Cboe Options Exchange, Cboe C2 Options Exchange, Cboe BZX Options Exchange and Cboe EDGX Options Exchange.
Underlying shares of Class A common stock of Lyft began trading on Nasdaq on Friday, March 29, after an initial public offering on Thursday, March 28, in which they were priced at $72 a share.
The expected Designated Primary Market Maker (DPM) for options on Lyft at Cboe Options Exchange will be Morgan Stanley & Co. LLC., and IMC Financial Markets is the expected DPM on the Cboe EDGX Options Exchange.