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Cboe BZX Options Exchange is no longer pursuing the previously announced 10 Gb Layer 1 Physical Ports initiative.

If the Exchange chooses to pursue this initiative at some point in the future, such plans will be communicated in advance in a future notice.

The ports were supposed to be introduced on December 9, 2024.

BZX Options 10 Gb L1 Physical Ports were to be introduced as an optional service expected to provide enhanced determinism, lower port to port jitter, and between 2 – 3 microseconds lower latency for PITCH Market Data delivery. A per-firm maximum of four 10 Gb L1 Physical Ports was to be available per L1 network device.

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