|Traded as||CBOE: CBOE|
S&P 500 Component
|Industry||Security & commodity exchanges|
|Edward T. Tilly|
Edward L. Provost
Alan J. Dean
|Revenue||US$656.9 million (2016)|
|US$186.8 million (2016)|
|US$476.6 million (2016)|
|US$317.9 million (2016)|
Number of employees
|553 (2016) |
Founded in 1973 by the Chicago Board of Trade and in member owned for several decades, on March 11, 2010 the Chicago Board Options Exchange (CBOE) filed paperwork to launch an initial public offering and began trading on the NASDAQ 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. In May 2014, the 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 had closed the month prior. Wrote Bloomberg, that left "just one public exchange, Chicago Stock Exchange Inc., that isn't owned Bats, Nasdaq OMX Group Inc., or IntercontinentalExchange Group Inc."
On June 2, 2015 CBOE announced its acquisition of the LiveVol platform, a market data services provider.
On January 25, 2016 CBOE announced it had purchased a majority stake in Vest Financial, an investment adviser specializing in "options-centric products".
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.