Cboe Global Markets, Inc. (Cboe: CBOE) announced that its subsidiary Cboe Clear U.S., LLC (CCUS) has received temporary registration from the U.S. Securities and Exchange Commission to operate as a Covered Clearing Agency.

The registration expands CCUS's clearing capabilities beyond its existing authorities as a Commodity Futures Trading Commission-registered Derivatives Clearing Organization, allowing it to clear securities products in addition to futures and swaps.

CCUS plans to initially use the SEC registration to clear binary securities options tied to specified corporate key performance indicators, which are scheduled to list on Cboe Options Exchange and be available on Robinhood in the fourth quarter of 2026.

CCUS also recently received CFTC approval to clear margined futures broadly and continues to clear digital asset derivatives under its existing DCO designation.

"Clearing plays a critical role in bringing innovation to market," said Dale Michaels, Head of Cboe Clear U.S. "These expanded capabilities position Cboe Clear U.S. to become an innovation lane to support new products and meet evolving customer needs, while maintaining the rigorous risk management standards that are fundamental to our business."

Cboe noted that these efforts complement its existing partnership with The Options Clearing Corporation and its continued support of established clearing infrastructure for traditional equity options.

In June, CCUS elected to become a Subpart C DCO, voluntarily adopting enhanced CFTC standards for financial resources, risk management, and operational resilience that apply to systemically important derivatives clearing organizations.