European Single Stock Options

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.

Timeline to launch

New multicast groups heart beating in PROD 6 March 2023
Participant testing to commence in CERT
Test symbols only, for simple book, complex book and block trading functionality
24 April 2023
Additional functionality available for testing in CERT
As above, adding minimal representative symbols and AIM, C-AIM, C-RFQ and Closing process functionalities
29 May 2023
Full representative symbology available for testing in CERT
As above for full symbology rather than test symbols
24 July 2023
All functionality available for participant testing in CERT
As above, adding complex with equity leg functionality
21 August 2023
Weekend testing
  • 16 September 2023
  • 7 October 2023
  • 28 October 2023
  • 4 November 2023
Launch of Phase 1 Single Stock Options November 2023
Launch of Phase 2 Single Stock Options February 2024

Contact Us

Elena Patimova

Director, Derivatives Sales
Phone: (+44) 773.199.1453
E-mail: [email protected]

Taotao Xing

Director, Derivatives Sales
Phone: (+44) 789.498.9464
E-mail: [email protected]


This information is not being provided as part of an offer or sale of any futures or options products to any persons located within the United States.