Cboe Global Markets is preparing to list options on SK Hynix’s U.S.-listed shares just two business days after the stock begins trading on the Nasdaq, according to a source familiar with the matter.
The accelerated timeline for derivatives trading underscores the scale of institutional interest in the South Korean memory chipmaker’s American depositary receipt (ADR) listing.
79 million new shares as part of the listing, marking a significant expansion of its access to U.
By enabling hedging and speculative strategies almost immediately, the exchange aims to provide deep liquidity for what is poised to be one of the largest technology initial public offerings in history.
SK Hynix begins trading on the Nasdaq under the new ticker symbol SKHY, launching a massive capital raise that aims to secure up to $29.4 billion.
The company will issue 17.79 million new shares as part of the listing, marking a significant expansion of its access to U.S. capital markets.
The rapid rollout of options contracts suggests that market makers and institutional investors are already positioning for high volatility in the early trading sessions.