Cboe Europe Derivatives (CEDX) is creating a pan-European marketplace for single stock options. Building on its existing index derivatives contracts, CEDX will offer equity options on dozens of leading European companies. Options will be listed on underlying stocks in multiple phases. Phase one is scheduled for November 2023, covering equity options from 10 European countries (Belgium, Denmark, France, Finland, Germany, Italy, the Netherlands, Norway, Spain, and the Sweden) subject to regulatory approval. Further European countries and a wider breadth of options on stocks will be introduced, starting from February 2024.

This market will seek to replicate – and complement – the highly successful pan-European blueprint established by Cboe Europe’s cash equities business, which is now the largest European stock exchange by market share and notional traded.

With all products cleared through Cboe Clear Europe, the leading pan-European clearing house, CEDX will offer market participants an unrivalled set of clearing and margin efficiencies across cash equities and equity derivatives, subject to regulatory approval.

Full European coverage

Comprehensive single stock options and index derivatives coverage across Europe.

Single Access Point

A single access point for pan-European products, with harmonised rulesets, offering simplicity and unrivalled cost efficiencies for participants.

On-screen liquidity

CEDX promotes deep and liquid on-screen markets through attractive liquidity incentive schemes and in-built protections for market-makers.

Clearing efficiencies

All products traded at CEDX are cleared at Cboe Clear Europe, the region’s largest cash equities clearing house, allowing for unrivalled margin efficiencies between cash equities and equity derivatives, subject to regulatory approvals.

World-class technology

Cboe’s team of market and technology professionals have a reputation for building world-class technology across the globe, that provides best-in-class customer service.