On December 28, Cboe Worldwide Markets, Inc. (Cboe: CBOE), a major supplier of tradable goods and global market infrastructure, will reopen floor trading of options on the Cboe Volatility Index (VIX).
Due to water damage caused by a burst pipe above the trading floor on Tuesday, the VIX trading pit on the Cboe trading floor was momentarily shuttered for the day. Open outcry trading was not possible, hence VIX and VIXW options were only traded electronically.
Starting on Wednesday, open outcry and electronic trading for VIX and VIXW options will be possible. The VIX trading pit is being temporarily moved to another location on the Cboe trading floor in order to resume floor trading while repairs are being made to the damaged trading pit.
The S&P 500 Index (SPX and SPXW), Russell 2000 Index (RUT), SPDR ETF (SPY), and all equities options trading crowd places, as well as other products and parts of the Cboe trading floor, were unaffected and are still accessible for both regular electronic and open outcry trading. The Cboe Options Exchange is a hybrid market that combines computerised trading and open outcry floor trading.

Source: Prnewswire