The Chicago Board Options Exchange® (CBOE®) was named “U.S. Options Exchange of the Year” for the fourth consecutive year at a December 8 awards ceremony during Futures and Options World magazine’s Derivatives World London Conference.
“CBOE seeks to ‘create, collaborate and connect’ with the marketplace to develop and launch new products and grow its business,” said FOW Publisher Will Mitting. “Its efforts are clearly paying off as it takes home the award of U.S. Options Exchange of the Year for the fourth year in a row.”
According to FOW, “Chicago Board Options Exchange boasted record volumes during the judging period and continued to take significant steps to grow its VIX Index franchise with the introduction of futures based on the CBOE/CBOT 10-year U.S. Treasury Note Volatility Index (TYVIX) and the launch of VIX Weeklys futures and options. It also broadened its options offerings with the launch of options on the MSCI Emerging Markets and MSCI EAFE indexes.”
In addition, FOW added, “The exchange entered into an agreement with hedge fund research and data collection business Eurekahedge to develop a new series of indexes that measure the performance of hedge funds trading volatility-based instruments. CBOE has also taken a lead in education, not just with its fast-growing Risk Management Conference (RMC) events, but also a collaboration with the Singapore Exchange (SGX) to launch the first international extension of The Options Institute.”
Besides naming CBOE U.S. Options Exchange of the Year, over the past few years FOW also has awarded the exchange top honors for “Most Innovative New Contract, Index and Equities” and “Best Technology Innovation by an Exchange, The Americas.”
As a leader in options and volatility product innovation, trading technology and investor education, CBOE has consistently received industry awards over the past decade, totaling nearly three dozen in areas such as leadership and new product and technology development. This award from FOW is the sixth CBOE has received during the past year.
