United States:
FINRA's Black Friday Reminder: Don't Forget Modified Cut-off Time For Expiring Options
29 November 2016
Cadwalader, Wickersham & Taft LLP
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FINRA reminded member firmsthat
national options exchanges will close at 1:00 p.m., Eastern Time,
on Friday, November 25, 2016. FINRA emphasized that this early
closing will affect the exercise cut-off time for expiring options.
The deadline for option holders that wish to exercise expiring
options will be 2:30 p.m.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
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