SEC Meetings and Other Events

Options Market Structure Roundtable

Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549

Apr 16, 2026
9:00AM – 3:15PM ET
Add to Calendar 2026-04-16 09:00:00 2026-04-16 15:15:00 Options Market Structure Roundtable \n\n no-reply@sec.gov America/New_York public
Blue web banner with the SEC's Division of Trading and Markets logo in the top right, and "Options Market Structure" as the main text. Second line reads: Register to attend. Submit public comments. Watch live on SEC.gov.

The SEC is hosting a roundtable to discuss listed options market structure, including facilitating competition in a quote-driven market, the customer experience, and opportunities and challenges for continued growth.

The roundtable is open to the public and held at the SEC’s headquarters.

Members of the public may submit their views on listed options market structure by using the SEC’s online submission form or sending an email to rule-comments@sec.gov with “File Number 4-887” included in the subject line.

Agenda

Time Item
8:00 AM Doors Open
9:00 AM Opening Remarks: Commissioner Hester Peirce, Commissioner Mark Uyeda, and Division of Trading and Markets Director Jamie Selway
9:30 AM

Data Presentation: SEC’s Division of Trading and Markets, Office of Analytics and Research

Presenters: Jesse Brady and Ethan Coombs
10:00 AM            

Panel One: Facilitating Competition in a Quote Driven Market 

This panel will focus on how the current options market structure facilitates or hinders the ability of liquidity providers to compete fairly and freely in furtherance of a robust national market system for standardized listed options. 

Moderators: 

Director Jamie Selway and Assistant Director Arun Manoharan, SEC Division of Trading and Markets

Panelists:

Ivan Brown, IEX
Steve Crutchfield, Formerly of Chicago Trading Company
Nathan Duckles, Jane Street
John Fischer, Citadel Securities
John Kinahan, Group One Trading
Katie Kolchin, Securities Industry and Financial Markets Association
Stewart Mayhew, Cornerstone Research
Andrew Schultz, Susquehanna 
Steve Sosnick, Interactive Brokers
Kevin Tyrrell, NYSE
11:15 AM Break
11:30 AM

Panel Two: Evaluating the Customer Experience

This panel will focus on the customer (i.e., non broker-dealer) experience with listed options. 

Moderators: 

Deputy Director Jon Kroeper and Associate Director Eric Juzenas, SEC Division of Trading and Markets 

Panelists:

Geralyn Endo, MEMX
Ed Hosty, Robinhood Securities
JJ Kinahan, Cboe 
Stino Milito, DASH Financial Technologies
Nathaniel Pomeroy, Wolverine Execution Services
Racquel Russell, FINRA
Christopher Schwarz, University of California, Irvine 
Stephen Sikes, Public.com
12:45 PM Lunch Break
1:45 PM Remarks: SEC Chairman Paul Atkins
2:00 PM

Panel Three: Opportunities and Challenges of Growth

This panel will focus on the growth of listed options, the associated challenges and opportunities that growth presents, and the issues that the Commission and market participants should consider in the years ahead.  

Moderators: 

Director Jamie Selway and Assistant Director Richard Holley III, SEC Division of Trading and Markets

Panelists:

Andrej Bolkovic, Options Clearing Corporation
Shelly Brown, MIAX 
Alicia Crighton, Goldman Sachs
Ellen Greene, IMC Trading
Kevin Kennedy, Nasdaq
Matt MacKenzie, Optiver
Faris Matalka, Schwab
Dmitriy Muravyev, University of Illinois Urbana-Champaign 
Jim Toes, Security Traders Association
Michael Treacy, Apex Fintech Solutions
3:15 PM End of Program

Last Reviewed or Updated: March 20, 2026