Trading Permits

How to Join

CBSX is a Regulation-NMS compliant facility of CBOE. CBSX trades NYSE and Nasdaq-listed securities and is connected to DTCC for clearing. CBOE Trading Permit Holders (TPHs) that wish to have direct access to CBSX must complete a short-form application.

Firms and/or individuals, who are not CBOE TPH's that desire to have direct access to CBSX are required to complete a TPH application. A CBSX TPH must be a registered U.S. broker-dealer.




The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-CBOE advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions.

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