Chicago Board Options Exchange

The Chicago Board Options Exchange (CBOE), located at 433 West Van Buren Street in Chicago, is the largest U.S. options exchange with an annual trading volume of around 1.27 billion at the end of 2014.[1] CBOE offers options on over 2,200 companies, 22 stock indices, and 140 exchange-traded funds (ETFs).

Cboe Global Markets
TypeOptions exchange
LocationChicago, IL, United States
Founded1973 (1973)
OwnerCboe Global Markets
CurrencyUnited States dollar
Websitecboe.com

The Chicago Board of Trade established the Chicago Board Options Exchange in 1973. The first exchange to list standardized, exchange-traded stock options began its first day of trading on April 26, 1973, in celebration of the 125th birthday of the Chicago Board of Trade.[2][3] The CBOE is regulated by the Securities and Exchange Commission and owned by Cboe Global Markets.[4]

Contracts offered

Cboe (and other national options exchanges) offers options on the following, and others:

Cboe calculates and disseminates the CBOE Volatility Index (VIX), the CBOE S&P 500 BuyWrite Index (BXM), and other indices.[5]

See also

References

  1. "CBOE Market Stats" (PDF). Chicago Board Options Exchange. Archived from the original (PDF) on January 22, 2016. Retrieved May 12, 2016.
  2. Jerry W. Markham (2002). "Options Exchange Opens On Parent's Anniversary". A Financial History of the United States. M. E. Sharpe. p. 52. ISBN 9780765607300. Retrieved November 26, 2014.
  3. "History". Chicago Board Options Exchange. Retrieved October 14, 2008.
  4. Poitras, G., Handbook of Research on Stock Market Globalization (Cheltenham: Edward Elgar Publishing, 2012), p. 248.
  5. Warner, A., Options Volatility Trading: Strategies for Profiting from Market Swings (New York: McGraw Hill Professional, 2009).
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