Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and
creator of listed options, continues to set the bar for options trading through
product innovation, trading technology and investor education.
CBOE offers equity, index and ETF options, including proprietary products, such
as S&P 500 options (SPX), the most active U.S. index option, and options on
the CBOE Volatility Index (VIX), the world's barometer for market volatility. Other
groundbreaking products engineered by CBOE include equity options, security
index options, LEAPS options, FLEX options, and benchmark products, such as the CBOE S&P 500 BuyWrite Index (BXM).
CBOE's Hybrid Trading System incorporates electronic and open outcry trading. CBOE's Hybrid includes CBOEdirect, a proprietary, state-of-the-art electronic platform that also supports
the CBOE Futures Exchange (CFE), CBOE Stock Exchange (CBSX) and OneChicago.
CBOE is home to the world-renowned Options Institute and CBOE.com, named
"Best of the Web" for options information and education.