Also found in: Acronyms.
Chicago Board Options Exchange
Chicago Board Options Exchange (CBOE).
The CBOE, often pronounced "see-bo," is the largest options market in the world. Founded in 1973, the market specializes in trading options contracts on individual equities, indexes, and interest rates.
Over the years, the CBOE has been instrumental in developing a variety of new options-related financial products. One example is the FLEX option, which the CBOE introduced in 1993 to allow investors to add specific provisions to options contracts.
The market is also known for being on the cutting edge of advanced trading technologies, including electronic trading.