CXA Technology Migration


The migration of the CXA platform onto Cboe Technology is planned for February 27, 2023.*

*Subject to regulatory review and approval.

Technical Migration

By focusing on joint collaboration with our customers, Cboe has a successful track record of completing seamless technology integrations. The Cboe and CXA teams are committed to working alongside you throughout the migration to ensure your preparedness for Day One. 

This webpage will serve as the primary source for all information and materials related to the technology migration, including technical specifications, an integration FAQ, a platform change matrix, a planned timeline and the latest updates. Conference call/webcast materials, including dates and times of upcoming events, webcast links, call-in details, presentations and replay and archived materials - will also be posted here. 

We are committed to keeping you updated on our integration progress to align the collective products and resources of CBOE and Bats to better serve our valued customers.

*While target dates are subject to change and regulatory review, any updates will be communicated to TPHs via email, on the Cboe (cboe.com and markets.cboe.com) websites and on this webpage.

CXA Migration Timeline

TARGET DATE*
MILESTONE
3 Feb 22
1st Industry Call.

Integration microsite available.
10 May 22
2nd Industry Call.

Technical specifications available.
1 Sep 22
3rd Industry Call.

Physical connectivity access to the certification / production environments available.
12 Sep 22
Certification environment available.
22 Oct 22
1st Weekend test (test symbols only).
24 Oct 22
Test symbols available in production environment.
8 Nov 22
4th Industry Call.
19 Nov 22
2nd Weekend test on production environment.
10 Dec 22
3rd Weekend test on production environment.
14 Jan 23
4th Weekend test on disaster recovery environment.
2 Feb 23
5th and Final Industry Call.
4 Feb 23
5th Weekend test on production environment.
25 Feb 23
6th and Final Weekend test on production environment.
27 Feb 23
Migration to new Cboe Tech Platform and launch of Cboe BIDS Australia.

We are committed to keeping you updated on our integration progress to align the collective products and resources of CBOE and Bats to better serve our valued customers.

*While target dates are subject to change and regulatory review, any updates will be communicated to TPHs via email, on the Cboe (cboe.com and markets.cboe.com) websites and on this webpage.

* While target dates are subject to change and regulatory review, any updates will be communicated via email and on this webpage.

Technical Specifications

Please check back for regular updates to the specifications, each of which has a version history to allow readers to identify what has changed between revisions. 

We are committed to keeping you updated on our integration progress to align the collective products and resources of CBOE and Bats to better serve our valued customers.

*While target dates are subject to change and regulatory review, any updates will be communicated to TPHs via email, on the Cboe (cboe.com and markets.cboe.com) websites and on this webpage.

Notices

To view the latest CXA updates and system status alerts visit the CXA Notices page.

We are committed to keeping you updated on our integration progress to align the collective products and resources of CBOE and Bats to better serve our valued customers.

TECHNICAL SPECIFICATIONS

Download PDF specification documents below.

We are committed to keeping you updated on our integration progress to align the collective products and resources of CBOE and Bats to better serve our valued customers.

TRADING HOURS

Upon migration, we expect to change trading hours for VX so there will be a post-settlement session from 3:30–4:00PM for the same business day, and trading in VX and VXT for the next business day will open at 5:00PM, rather than at 3:30PM, as it is today.

 Trading hours are set separately for each product and are listed as Central Time (CT).

We are committed to keeping you updated on our integration progress to align the collective products and resources of CBOE and Bats to better serve our valued customers.

VX FUTURES
TRADING STATE
Pre-Open
Open
Halt
Post Settlement Open
Close
Close Time for Expiring Instruments
Market Order Acceptance Time**
SUN.
4:00PM
5:00PM
MON. –THURS.
4:45PM
5:00PM
3:15PM
3:30PM
4:00PM
8:00AM on expiration Wednesday
8:30AM–3:15PM
FRI.
3:15PM
3:30PM
4:00PM
8:30AM–3:15PM
VXT FUTURES
TRADING STATE
Pre-Open
Open
Close
Close Time for Expiring Instruments
SUN.
4:00PM
5:00PM
MON. –THURS.
4:45PM
5:00PM
3:13PM
3:13PM on Tuesday prior to expiration Wednesday
FRI.
3:13PM
VXTY FUTURES
TRADING STATE
Pre-Open
Open
Close
Close Time for Expiring Instruments
Market Order Acceptance Time**
SUN.
MON. –THURS.
6:00AM
7:00AM
3:15PM
2:00PM on expiration Wednesday
7:00AM–3:15PM
FRI.
6:00AM
7:00AM
3:15PM
7:00AM–3:15PM
VU FUTURES
TRADING STATE
Pre-Open
Open
Close
Close Time for Expiring Instruments
Market Order Acceptance Time**
Limit Up/Limit Down Start Time
Limit Up/Limit Down End Time
SUN.
MON. –THURS.
6:00AM
7:30AM
3:15PM
3:15PM on Tuesday prior to expiration Wednesday
8:30AM–3:15PM
7:30AM
8:30AM
FRI.
6:00AM
7:30AM
3:15PM
8:30AM–3:15PM
7:30AM
8:30AM
VA/VAO FUTURES
TRADING STATE
Pre-Open
Open
Close
Close Time for Expiring Instruments
SUN.
MON. –THURS.
6:00AM
8:30AM
3:15PM
3:15PM on Tuesday prior to expiration Wednesday
FRI.
6:00AM
8:30AM
3:15PM

**Market orders are only accepted after the product has opened.

Customer Communications

We are committed to keeping you updated on our integration progress to align the collective products and resources of CBOE and Bats to better serve our valued customers.

Read the customer letter from Chairman and CEO Edward Tilly and President and COO Chris Concannon:
Read Letter
Read the official press release for the CBOE + Bats Integration:
Read Press Release
Read the CBOE, C2 and CFE Integration Plan for migrating to the Bats technology platform:
Read Integration Plan
Our second customer integration call took place on June 6, 2017.

CUSTOMER CALL #2

DATE: 6.6.17
TIME: 11:30 am – 12:30 pm CT
DIAL IN (TOLL FREE):
1-877-883-0383
INTERNATIONAL DIAL IN:
1-412-902-6506
PARTICIPANT CODE:
4834486

JOIN THE WEBCAST

Upcoming CXA Customer Call

Date: 1 Sep 22

PREVIOUS CUSTOMER CALLS

Date: 10 May 22
To view the webcast presentation: Download Presentation
Date: 3 Feb 22
To view the webcast and replay of the virtual presentation: Click Here
Download Presentation
You may find details from our first customer integration call regarding the migration of CBOE, C2 and CFE to Bats’ technology below. Our second customer integration call will take place this summer. Please stay tuned for details.

Provide Feedback

You are encouraged to contact our teams with any questions or feedback. Customer demand will be taken into account as decisions are made, so your feedback is critical in creating a marketplace that best serves your needs.

Cboe Australia

+61 2 8078 1700
au.migration@cboe.com