Cboe Global Markets

Cboe Global Markets
Public
Traded as NASDAQ: CBOE
S&P 500 Component
Industry Security & commodity exchanges
Founded 1973 (1973)
Headquarters Chicago, Illinois, US
Key people
 Edward T. Tilly
(CEO)
Edward L. Provost
(President, &COO)
Alan J. Dean
(CFO)
Revenue Increase US$656.9 million (2016) [1]
Decrease US$186.8 million (2016)[1]
Total assets Increase US$476.6 million (2016)[1]
Total equity Increase US$317.9 million (2016)[1]
Number of employees
 553 (2016) [1]
Website cboe.com

Cboe Global Markets is an American company that owns the Chicago Board Options Exchange and the stock exchange operator BATS Global Markets.

History

On March 11, 2010 CBOE filed paperwork to launch an initial public offering[2] and began trading on the NASDAQ stock exchange on June 15, 2010.[3]

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.[4] 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."[5]

On June 2, 2015 CBOE announced its acquisition of the LiveVol platform, a market data services provider.[6]

On January 25, 2016 CBOE announced it had purchased a majority stake in Vest Financial, an investment adviser specializing in "options-centric products".[7]

In September 2016, it was announced that CBOE was purchasing BATS Global Markets, effective in early 2017, for approximately US$3.2 billion.[8]

References

  1. 1 2 3 4 5 https://finance.yahoo.com/quote/CBOE/financials?p=CBOE
  2. ↑ "CBOE files paperwork for IPO". Chicago Breaking Business.
  3. ↑ Oneal, Michael (June 15, 2010). "CBOE garners $339 million in IPO". Chicago Tribune. Retrieved October 17, 2013.
  4. ↑ "CBOE Stock Exchange Completes Acquisition of National Stock Exchange". CBOE Stock Exchange Press Release. 9 January 2012. Archived from the original on 9 May 2012. Retrieved 14 February 2013.
  5. ↑ Mamudi, Sam (2014-05-02). "National Stock Exchange Files With SEC to Halt Operations". Bloomberg.com. Bloomberg News. Retrieved 2014-06-15.
  6. ↑ "Chicago Board Options Exchange - The World's Largest Options Exchange". CBOE.com. Retrieved 2016-05-12.
  7. ↑ "Chicago Board Options Exchange - The World's Largest Options Exchange". CBOE.com. Retrieved 2016-05-12.
  8. ↑ "CBOE Will Acquire BATS Global Markets for $3.2 Billion". fortune.com. 26 September 2016. Retrieved 27 September 2016.
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