SEC nod lets Nasdaq add Monday, Wednesday stock options expiries - report
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Nasdaq has received approval from the U.S. Securities and Exchange Commission to introduce Monday and Wednesday options expirations for select stocks, including major companies like Alphabet, Amazon, and Apple. The first expirations will occur on January 26, marking a shift towards more flexible trading options. This move aims to enhance trading strategies and market efficiency, according to Nasdaq's head of product for US Options, David Barrett. Currently, single stock options only expire on Fridays, with few exceptions for ETFs.
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