The Chicago Board Options Exchange (CBOE), located at 433 West Van Buren
Street
A street is a public thoroughfare in a built environment. It is a public parcel of land adjoining buildings in an urban context, on which people may freely assemble, interact, and move about. A street can be as simple as a level patch of dirt, ...
in
Chicago, is the largest U.S.
option
Option or Options may refer to:
Computing
*Option key, a key on Apple computer keyboards
*Option type, a polymorphic data type in programming languages
*Command-line option, an optional parameter to a command
*OPTIONS, an HTTP request method
...
s exchange with an annual trading volume of around 1.27 billion at the end of 2014. CBOE offers options on over 2,200 companies, 22
stock indices
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance.
Two of the ...
, and 140
exchange-traded fund
An exchange-traded fund (ETF) is a type of investment fund and exchange-traded product, i.e. they are traded on stock exchanges. ETFs are similar in many ways to mutual funds, except that ETFs are bought and sold from other owners throughout the ...
s (ETFs).
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 ...
established the Chicago Board Options Exchange in 1973. The first exchange to list standardized, exchange-traded stock options began its first day of
trading on April 26, 1973, in celebration of the 125th birthday of the Chicago Board of Trade.
The CBOE is regulated by the
Securities and Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...
and owned by
Cboe Global Markets.
Contracts offered
Cboe (and other national options exchanges) offers options on the following, and others:
Cboe calculates and disseminates the CBOE Volatility Index (
VIX), the
CBOE S&P 500 BuyWrite Index (BXM), and other indices.
[Warner, A., ''Options Volatility Trading: Strategies for Profiting from Market Swings'' (]New York
New York most commonly refers to:
* New York City, the most populous city in the United States, located in the state of New York
* New York (state), a state in the northeastern United States
New York may also refer to:
Film and television
* '' ...
: McGraw Hill Professional
McGraw Hill is an American educational publishing company and one of the "big three" educational publishers that publishes educational content, software, and services for pre-K through postgraduate education. The company also publishes referenc ...
, 2009).
See also
*
Chicago Board of Trade Building
*
Commodity Futures Trading Commission
The Commodity Futures Trading Commission (CFTC) is an independent agency of the US government created in 1974 that regulates the U.S. derivatives markets, which includes futures, swaps, and certain kinds of options.
The Commodity Exchange Ac ...
*
Derivatives market
*
List of futures exchanges
*
National Stock Exchange (Jersey City, New Jersey)
*
OneChicago
*
Options Clearing Corporation
*
Volatility Index
References
External links
Cboe
{{World Federation of Exchanges
Financial services companies established in 1973
1973 establishments in Illinois
Companies based in Chicago
Economy of Chicago
Stock exchanges in the United States
Options exchanges in the United States
Options (finance)