SIE (Securities Industry Essentials) Practice Exam

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The hours of operation of the Chicago Board Options Exchange are:

  1. 8:30 am to 3:00 pm CT

  2. 9:00 am to 4:30 pm ET

  3. 10:00 am to 4:00 pm CT

  4. 24 hours online

The correct answer is: 8:30 am to 3:00 pm CT

The hours of operation for the Chicago Board Options Exchange (CBOE) are from 830 am to 3:00 pm CT. This is the time period during which the CBOE is open for trading and conducting business. Option B is incorrect because the CBOE does not use the Eastern Time zone. Option C is incorrect because the CBOE opens at 10:00 am, not 9:00 am. Option D is incorrect because the CBOE is not open 24 hours, it has set trading hours.