CBOE


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CBOE

Chicago Board Options Exchange

The largest options exchange in the United States by trading volume. Established in 1973, option contracts on more than 2000 companies and indices trade on the CBOE. Its trading floor uses a hybrid system; that is, investors may choose whether to use the open outcry format or to conduct trades electronically. It was the first exchange to offer exchange-traded options.

CBOE

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.

References in periodicals archive ?
UTP and CTA SIP Consolidated Volume is also included in the Cboe One Summary Feed, reflecting the total trading volume occurring on all market centers for Tape A, B or C-listed securities.
Separately, Cboe also announced it had also welcomed new issuer ALPS to the Cboe ETF Marketplace.
Near term, Cboe considers its acquisition of the assets of Silexx to be immaterial from a financial perspective; however, Cboe is very optimistic about the potential for growth longer term.
"We are pleased that the PTAB agreed with ISE's position and invalidated the CBOE patents and are grateful for their careful consideration of this important matter," said Gary Katz, ISE president and chief executive officer.
Carolyn Quick, a TMX spokeswoman, and CBOE's Gail Osten declined to comment on the Credit Suisse report.
"This service will help our customers better understand how their orders are being processed and, ultimately, we feel that this added degree of transparency will help them trade on CBOE even more effectively than they do currently," said Gerald O'Connell, CIO and executive vice president of systems at CBOE.
When CBOE decided to upgrade its data center to support higher transmission speeds, the CBOE electrical group and IT department saw the opportunity not only to design an advanced 10-gigabit structured cabling system, but also to ensure their ability to properly manage the system and execute the day-to-day work orders that direct and track the electricians' activities in making required moves, adds and changes.
Mark Hemsley, President of Cboe Europe, said: We continue to see increased volume being executed in the closing auction and post close trading session in Europe, and given that many exchanges charge higher fees during this period, the industry has long expressed the need for an alternative.
Cboe maintained an orderly market despite trading halts and met customer expectations, the director says.
The indices created by CBOE, CCDC and TSE align with the IIA mission for indices to operate as the best measures of the markets, apart from any specific outcome.
31 March 2017 - US-based exchange operator CBOE Holdings, Inc.'s (BATS: CBOE) (NASDAQ: CBOE) CBOE Futures Exchange will be the first of the CBOE Holdings exchanges to migrate onto the recently-acquired Bats technology platform, with an expected switch-over on 25 February 2018, the company said.
Commodity Futures Trading Commission comes a multimillion-dollar patent infringement lawsuit courtesy of CBOE Holdings Inc., the parent company of the Chicago Board Options Exchange (CBOE).