Cboe Global Markets is an American company that owns the

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. CBOE offers options on over 2,200 compani ...

and the stock exchange operator

BATS Global Markets Bats Global Markets is a global stock exchange operator based in Lenexa, Kansas, with additional offices in London, New York, Chicago, and Singapore. Bats was founded in June 2005, became operator of a licensed U.S. stock exchange in 2008 and ...

History

Founded in 1973 by the

Chicago Board of Trade The Chicago Board of Trade (CBOT), established on April 3, 1848, is one of the world's oldest futures and options exchanges. On July 12, 2007, the CBOT merged with the Chicago Mercantile Exchange (CME) to form CME Group. CBOT and three other excha ...

and member owned for several decades, on March 11, 2010 the

(CBOE) filed paperwork to launch an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

and began trading on the

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

stock exchange on June 15, 2010. In September 2011, CBOE Stock Exchange (CBSX) entered into an agreement to acquire the National Stock Exchange. The acquisition was completed on December 30, 2011 with both exchanges to operate under separate names. The National Stock Exchange continued to be based in

Jersey City Jersey City is the second-most populous city in the U.S. state of New Jersey, after Newark.National Stock Exchange ceased trading operations on May 30, 2014. The closure brought the number of active stock exchanges in the United States to 11, as the

CBOE Stock 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. CBOE offers options on over 2,200 companies ...

had closed the month prior. Wrote ''Bloomberg'', that left "just one public exchange, Chicago Stock Exchange Inc., that isn't owned by Bats, Nasdaq OMX Group Inc., or IntercontinentalExchange Group Inc." In June 2015, CBOE announced its acquisition of the LiveVol platform, a market data services provider. In January 2016, CBOE announced it had purchased a majority stake in Vest Financial, an investment adviser specializing in "options-centric products". In September 2016, it was announced that CBOE was purchasing

, effective in early 2017, for approximately US$3.2 billion. Cboe Global Markets owns and operates four options exchanges: Cboe Options Exchange, Cboe C2 Options Exchange, Cboe BZX Options Exchange, and Cboe EDGX Options Exchange; seven equities exchanges: Cboe BZX Exchange, Cboe BYX Exchange, Cboe EDGX Exchange, Cboe EDGA Exchange, Cboe Exchange, Cboe Exchange, and Cboe DXE Exchange; one futures exchange: Cboe Futures Exchange; and one foreign exchange marketplace: Cboe FX. In May 2022, Cboe completed its acquisition of Eris Digital Holdings (ErisX), a US-based

digital asset A digital asset is anything that exists only in digital form and comes with a distinct usage right. Data that do not possess that right are not considered assets. ''Digital assets'' include but are not exclusive to: digital documents, audible ...

spot market The spot market or cash market is a public financial market in which financial instruments or commodities are traded for immediate delivery. It contrasts with a futures market, in which delivery is due at a later date. In a spot market, settle ...

, regulated

futures Futures may mean: Finance *Futures contract, a tradable financial derivatives contract *Futures exchange, a financial market where futures contracts are traded * ''Futures'' (magazine), an American finance magazine Music * ''Futures'' (album), a ...

exchange, and regulated clearinghouse.

References

External links

* {{Authority control, state=expanded American companies established in 1973 1973 establishments in Illinois Financial services companies established in 1973 Companies based in Chicago Companies listed on Cboe BZX Economy of Chicago Stock exchanges in the United States Options exchanges in the United States 2010 initial public offerings