Difference between revisions of "Cboe"

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The Chicago Board Options Exchange, or Cboe, is the first U.S. options exchange to offer standardized, listed options. It is also known as the first exchange in the traditional financial space to offer [[bitcoin]] futures, using the symbol XBT.  
 
The Chicago Board Options Exchange, or Cboe, is the first U.S. options exchange to offer standardized, listed options. It is also known as the first exchange in the traditional financial space to offer [[bitcoin]] futures, using the symbol XBT.  
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== Background ==
  
 
Cboe entered into an agreement in the summer of 2017 with Cameron and Tyler Winklevoss (aka [[the Winklevoss twins]]) to use [[bitcoin]] market data generated by their virtual-currency exchange [[Gemini]], paving the way for Cboe to list derivatives on bitcoin.<ref>{{cite web|url=https://www.wsj.com/articles/cboe-teams-up-with-winklevoss-twins-for-bitcoin-data-1501675200|name=CBOE Teams Up With Winklevoss Twins for Bitcoin Data|org=The Wall Street Journal|date=June 20, 2018}}</ref> Cboe launched the first bitcoin futures on December 10, 2017, trading a reported 4,127 contracts in their first day of trading, with nearly 20 trading firms participating. Cboe waived transaction fees on XBT throughout that month.<ref>{{cite web|url=http://ir.cboe.com/~/media/Files/C/CBOE-IR-V2/press-release/2017/cboe-bitcoin-futures-post-strong-debut-v2.pdf|name=Cboe bitcoin futures post strong debut|org=Cboe|date=June 20, 2018}}</ref><ref>{{cite web|url=https://mail.google.com/mail/u/0/#inbox/16047b8e01fefb6a?compose=160475da1fb56894&projector=1|name=Cboe Bitcoin Futures (XBT) Close First Day of Trading; Post Volume of More Than 4,000 Contracts|org=Cboe|date=June 20, 2018}}</ref>
 
Cboe entered into an agreement in the summer of 2017 with Cameron and Tyler Winklevoss (aka [[the Winklevoss twins]]) to use [[bitcoin]] market data generated by their virtual-currency exchange [[Gemini]], paving the way for Cboe to list derivatives on bitcoin.<ref>{{cite web|url=https://www.wsj.com/articles/cboe-teams-up-with-winklevoss-twins-for-bitcoin-data-1501675200|name=CBOE Teams Up With Winklevoss Twins for Bitcoin Data|org=The Wall Street Journal|date=June 20, 2018}}</ref> Cboe launched the first bitcoin futures on December 10, 2017, trading a reported 4,127 contracts in their first day of trading, with nearly 20 trading firms participating. Cboe waived transaction fees on XBT throughout that month.<ref>{{cite web|url=http://ir.cboe.com/~/media/Files/C/CBOE-IR-V2/press-release/2017/cboe-bitcoin-futures-post-strong-debut-v2.pdf|name=Cboe bitcoin futures post strong debut|org=Cboe|date=June 20, 2018}}</ref><ref>{{cite web|url=https://mail.google.com/mail/u/0/#inbox/16047b8e01fefb6a?compose=160475da1fb56894&projector=1|name=Cboe Bitcoin Futures (XBT) Close First Day of Trading; Post Volume of More Than 4,000 Contracts|org=Cboe|date=June 20, 2018}}</ref>

Revision as of 10:44, 20 June 2018

CMW Banner 728-90.jpg
Chicago Board Options Exchange
Cboe Global Markets.jpg
Founded Apr. 26, 1973
Headquarters 400 S. LaSalle Street, Chicago, IL 60605
Key People Edward T. Tilly, CEO; Edward L. Provost, President and COO
Products Options on equities, equity indexes, ETFs
Twitter @CBOE
StockTwits Cboe
LinkedIn Profile
Facebook Cboe
Website www.cboe.com
Releases Company News

The Chicago Board Options Exchange, or Cboe, is the first U.S. options exchange to offer standardized, listed options. It is also known as the first exchange in the traditional financial space to offer bitcoin futures, using the symbol XBT.

Background

Cboe entered into an agreement in the summer of 2017 with Cameron and Tyler Winklevoss (aka the Winklevoss twins) to use bitcoin market data generated by their virtual-currency exchange Gemini, paving the way for Cboe to list derivatives on bitcoin.[1] Cboe launched the first bitcoin futures on December 10, 2017, trading a reported 4,127 contracts in their first day of trading, with nearly 20 trading firms participating. Cboe waived transaction fees on XBT throughout that month.[2][3]

Cboe filed with the SEC in mid-December 2017 to list multiple bitcoin futures ETFs, including: the First Trust Bitcoin Strategy ETF, the First Trust Inverse Bitcoin Strategy ETF, the GraniteShares Bitcoin ETF, the GraniteShares Short Bitcoin ETF, the REX Bitcoin Strategy ETF and the REX Short Bitcoin Strategy ETF.[4][5]

To read the full article on Cboe, click on Marketswiki.gif to open a new tab with MarketsWiki.

References