Wall Street exchanges have quietly made options trading available earlier for new large initial public offerings, fastening from four days to two days.
This month's large IPOs — $Arm Holdings (ARM.US)$, $Instacart(Maplebear) (CART.US)$, and $Klaviyo (KVYO.US)$ — all saw options trading two days after shares started to trade, rather than four sessions under old rules. All three companies are eligible for early options...