A modern, efficient pan-European derivatives market
Cboe Europe Derivatives (CEDX) is a pan-European derivatives marketplace which enables participants to access a vibrant equity derivatives market through a single access point, creating efficiencies in trading and clearing. Our mission is to build a modern, pan-European marketplace that drives the growth of the equity derivatives sector across the region. By fostering innovation and streamlining access, we aim to unlock new opportunities and deliver greater efficiencies for market participants seeking to express their views and manage equity exposure effectively.
CEDX offers pan-European equity options unlocking significant efficiencies in trading and clearing.
Access a modern, efficient pan-European derivatives marketplace through a single access point, streamlining operational costs.
CEDX promotes deep and liquid on-screen markets through attractive incentive schemes and in-built protections for market-makers.
CEDX products are designed with customer needs on top of mind, featuring market-friendly contract specifications and tick sizes, cost-effective pricing and common rulesets.
All trades on CEDX clear via Cboe Clear Europe, a leading pan-European clearing house, offering unrivalled margin efficiencies across cash equities and equity derivatives positions.
CEDX has developed an enhanced market design for the trading of European equity derivatives. The Central Limit Order Book sits at the core of the CEDX offering to promote deep and liquid markets. Complementary functionalities, aimed at supporting price discovery and price improvement, include automated price improvement auctions and block trading functionality for pre-arranged block trading for larger-sized liquidity.
Designed to promote deep and liquid on-screen markets.
Tried and tested automated price improvement auction mechanisms for client orders.
A transparent block publication regime for larger-sized orders.
Advance your options knowledge with modular courses. From foundational insights to complex strategies, gain the tools to support your pursuit of performance‑oriented trading.
Courses
Whether you're new to options or looking to enhance your trading strategy. We can help maximise your index, equity options knowledge and trading skills.
Events
A series of events and webinars — anything and everything — to learn about options.
David Litchfield joined Oliver Renick to explore how Cboe iBoxx® iShares® Corporate Bond Index futures and options on futures are reshaping institutional access to the corporate bond market.
The contracts are scheduled to go live in Q1 2026 and follows strong adoption of FLEX options in the US since the products were launched in the region in 1993.
Iouri Saroukhanov speaks to FOW as the firm reported a record 26,331 contracts traded in September across futures and options, the Head of European derivatives at Cboe Europe said the firm’s partnerships with retail brokers are starting to bear fruit.
