The Chicago Board Options Exchange® (CBOE®) today was named "U.S. Options Exchange of the Year" for the second consecutive year at an awards ceremony during Futures and Options World magazine's Derivatives World London Conference. CBOE also claimed top honors for "Most Innovative New Contract, Index and Equities" for its S&P 500® Variance futures product, and "Best Technology Innovation by an Exchange, The Americas" for its new London Trading Hub.
"Hardly a month goes by without another innovation from the CBOE," said FOW Editor and Publisher Will Mitting. "The judges recognised the innovation at the exchange across a number of areas -- from launches of new, unique products to its technology efforts to broaden its reach internationally."
"We are thrilled to receive three prestigious awards from FOW. Being acknowledged as 'U.S. Options Exchange of the Year' for the second time in as many years and in two other important categories - technology and new products -- is an honor for CBOE," CBOE Holdings CEO Edward T. Tilly said.
In 2012, CBOE was named "Exchange of the Year, North America" by FOW, and in 2010, the CBOE S&P 500 Implied Correlation Index earned FOW's award for the "Best Innovation by an Exchange in the Field of Product Design - North America." Over the last decade, CBOE and its executives have received over two dozen industry awards for leadership and product innovation.