Cboe Global Markets is a prominent American financial exchange operator that plays a vital role in the global financial ecosystem. Founded in 1973 as the Chicago Board Options Exchange (CBOE), the company has evolved into one of the world's largest and most diverse exchange holding companies, specializing in trading various financial instruments, including options, futures, equities, and exchange-traded products.
Headquartered in Chicago, Illinois, Cboe operates multiple exchanges, including the Cboe Options Exchange, Cboe BZX Exchange, and Cboe EDGX Exchange. The company's exchanges facilitate trading in a wide range of financial products, providing investors with opportunities to hedge risks, enhance returns, and achieve their investment goals.
One of Cboe's defining features is its focus on innovation and technology. The company has pioneered the development of options trading and introduced groundbreaking initiatives such as the Volatility Index (VIX), which measures market volatility and has become a widely recognized indicator of investor sentiment.
Cboe's commitment to delivering efficient and transparent markets is evident through its emphasis on market integrity and investor protection. The company's dedication to providing fair and orderly trading environments has earned it a reputation as a trusted partner for market participants, institutional investors, and retail traders.
Through strategic acquisitions and partnerships, Cboe has expanded its global reach and diversified its product offerings. The company's continuous efforts to enhance its technology infrastructure and develop new trading products have positioned it at the forefront of the evolving financial landscape.