Options Exchanges and Trading Floors

1. NYSE/ARCA Options

2. NYSE/AMEX Options

3. CBOE Options

4. BATS Options (this is very compelling)

5. PHLX

6. NASDAQ

7. NASD/BX

Based on the trader type, one exchange may be more appealing or cost beneficial for the trader.

Useful things to check on:

Trading Permit costs.

Connectivity cost, Port Fees.

Exchanges ability to support your MM quoting bandwidth needs.

Which Exchange does the most volume for a given product.

Exchanges willingness to list new products.

Regulation

Time to gain membership