CBOE: No Plans for Market Depth

EXCHANGE WATCH

The Chicago Board Options Exchange has denied that it is working on a Level 2 feed for full depth of bid and offer prices for the options market, rebutting reports from several industry sources who tell Inside Market Data that the exchange is actively considering launching just such a feed.

"We currently don't have a project like that in the works here," says a CBOE spokesperson.

However, numerous sources believe otherwise. "CBOE has had a depth of book product ready to go for some time" but