Cboe Self Lists Its Common Stock
Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced plans to transfer the primary listing of its common stock to Cboe BZX Equities Exchange (Cboe).
Currently, Cboe shares are dual-listed on both Cboe and the Nasdaq Global Select Market (Nasdaq). Cboe plans to delist from Nasdaq effective September 14, 2018, after the market close, and begin to list solely on Cboe on September 17, 2018, under its existing ticker symbol, “CBOE.”
“We’re proud to exclusively list our stock on our own listing venue. This action leverages the strengths of Cboe Global Markets as a leading equities operator,” said Ed Tilly, Chairman and Chief Executive Officer of Cboe Global Markets. “As we prepare to make this step, we thank Nasdaq for their partnership over the last eight years.”
Cboe operates a leading listing venue for exchange-traded products (ETPs) with 278 U.S. ETPs listed from 54 issuers, as of July 31, 2018. This is the first corporate listing to transfer to Cboe.
The first organized U.S. listed options exchange, Cboe opened in 1973 as a non-stock corporation owned by its members. Following demutualization, CBOE Holdings, Inc., parent of the then-Chicago Board Options Exchange, Incorporated, completed an initial public offering of its shares on June 18, 2010. Cboe changed its legal name from CBOE Holdings, Inc., to Cboe Global Markets, Inc., seven years later, in October 2017, following the February 2017 acquisition of Bats Global Markets, Inc.
About Cboe Global Markets, Inc.
Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE) is one of the world’s largest exchange holding companies, offering cutting-edge trading and investment solutions to investors around the world. The company is committed to relentless innovation, connecting global markets with world-class technology, and providing seamless solutions that enhance the customer experience.
Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index), the world’s barometer for equity market volatility.
Cboe’s trading venues include the largest options exchange in the U.S. and the largest stock exchange by value traded in Europe. In addition, the company is the second-largest stock exchange operator in the U.S. and a leading market globally for ETP trading.
The company is headquartered in Chicago with offices in Kansas City, New York, London, San Francisco, Singapore, Hong Kong and Quito, Ecuador. For more information, visit www.cboe.com.
CME denies Financial Times report that it's interested in buying its Chicago neighbor.
The platform enables a more efficient, compliant way to manage orders and executions.
With Bruce Traan, Head of Cboe Global Indices
With Henry Schwartz, Head of Product Intelligence at Cboe Global Markets
Jerry Hanweck, VP Software Engineering, Information Solutions at Cboe, talks about a new options pricing model...