Cboe is founded and becomes the first marketplace for trading listed options.
New Cboe trading floor opens - it's a "deck floor" over the main trading floor at
the Chicago Board of Trade.
- Cboe introduces computerized price reporting.
Cboe Clearing Corp. becomes The Options Clearing Corporation (OCC), the industry
clearinghouse for all U.S. options trades.
- Cboe adds "put" options.
- Cboe acquires the Midwest Stock Exchange's options business.
Cboe introduces Order Support System (OSS), which automates order-routing and
limit order book access.
Cboe breaks ground on a 350,000-square-foot building across the street from the
Chicago Board of Trade.
Cboe creates options on broad-based stock indices with the
S&P 100® (OEX)
S&P 500® (SPX®)
Cboe moves into its current building in the heart of Chicago's financial district.
- Annual exchange volume tops 100 million contracts for first time.
The Options InstituteSM, its educational arm, whose mission is to educate investors around the world
The exchange introduces the Retail Automatic Execution System (RAES) to facilitate
electronic execution of small customer orders.
Cboe introduces an Auto Quote system to facilitate firm quotes in less active
Cboe introduces Electronic Book to provide more timely order execution and fill
reports for limit orders.
- Cboe celebrates its 15th anniversary.
- Options on interest rates begin trading.
LEAPS®, or Long-Term Equity
AnticiPation Securities, which feature expirations of up to three years, giving investors the ability to
establish long-term positions.
- Options on sector and international indices begin trading.
Cboe creates the Cboe Volatility Index® (VIX®), which has
become the world's barometer of market volatility.
- Cboe introduces hand-held market-maker terminals.
Launches FLexible EXchange® (FLEX®) options, which feature
- Options on the Nasdaq-100® Index listed.
PAR (Public Automated Routing system), a PC-based touchscreen for floor brokers,
Cboe lists the first options on the
Dow Jones Industrial AverageSM (DJXSM).
- Founding members celebrate Cboe's 25th anniversary.
Cboe introduces ROS, the Rapid Opening System, significantly reducing the time
traditionally needed to open all options series in a class.
Cboe launches Cboedirect, a state-of-the-art electronic trading platform.
Cboe S&P 500 BuyWrite Index (BXM), the first major benchmark for tracking
options' strategy-based performance, is created.
Cboe begins operating a Hybrid trading model that integrates floor and screen-based trading in a single exchange.
Cboe Futures ExchangeSM
- Cboe Volatility Index® (VIX®) futures begin trading.
Cboe creates Weeklys, short-term options with one week until expiration, allowing investors to target trading
strategies around market news and events. Weeklys in SPX
and OEX are initial listings.
- VIX options are launched.
Cboe options contract volume reaches an all-time record of 674,735,348 contracts
(up 44% over the previous year).
CFLEXSM, an Internet-based trading system for FLEX options.
Annual exchange volume surpasses one billion contracts for first time.
Cboe converts to publicly-traded corporation, Cboe Global Markets, with IPO
ceremony held on the trading floor.
C2SM, an all-electronic exchange, launches.
SPXpm, a new, electronic
S&P 500 option contract, launches.
Annual volume in VIX options and futures set sixth and third consecutive records,
Cboe CommandSM, a cutting-edge trade engine technology, goes live.
- New London Hub for European customers becomes operational.
- Trading in VIX futures expands to 24 hours a day.
- "Cboe Mobile," a new options education "app" is released.
Cboe enters into licensing agreement to become the exclusive U.S. home for MSCI
Cboe Global Markets trading volume reaches an all-time high of 1.3 billion
SPX options, VIX options and VIX futures set new annual volume records.
- Cboe Options Institute celebrates its 30th anniversary.
Cboe enters into licensing agreement with London Stock Exchange Group (LSEG) to
become the exclusive U.S. home for LSEG-owned FTSE and Russell index options.
- Cboe launches global trading hours for SPX and VIX options.
Cboe acquires Livevol, Inc., a leading provider of options technology, trading
analytics and market data services.
Cboe takes minority ownership stake in CurveGlobal, an interest rate derivatives
venture backed by the London Stock Exchange Group (LSEG), Cboe and a number of
major dealer banks.
Cboe partners with Environmental Financial Products to launch the American
Financial Exchange (AFX), an electronic marketplace for small and mid-sized banks
to lend and borrow short-term funds.
Cboe takes equity stake in Eris Exchange, a U.S.-based futures exchange group
offering swap futures.
Cboe begins overnight dissemination of Cboe Volatility Index®
Cboe makes majority investment in Vest Financial, an asset management company
specializing in target-outcome investment strategies.
SPX options annual average daily volume tops one million contracts for first time
Cboe acquires Bats Global Markets, making Cboe Global Markets.
Cboe transfers the primary listing of its common stock to Cboe BZX Exchange.
Cboe completes all exchange technology migrations, unifying its options, equities and
futures markets into a single state-of-the-art technology platform.
Cboe acquires three data analytics firms, adding to Data and Access Solutions offering.
Cboe acquires pan-European equities clearinghouse EuroCCP, announces plans for European
Cboe acquires MATCHNow, expanding its North American equities offering into Canada.
Cboe advances ETP market leadership, becomes second largest primary listings exchange in
Cboe acquires BIDS Trading, the largest independent block trading ATS in the U.S.
Cboe acquires Chi-X Asia Pacific, expanding into Japan and Australia.