-- Exchange of the Year, North America
-- U.S. Options Exchange of the Year
CHICAGO, IL -- December 6, 2012 -- The Chicago Board Options Exchange (CBOE) today was named ""Exchange of the Year, North America,"" and ""U.S. Options Exchange of the Year"" at an awards ceremony during Futures and Options World magazine's Derivatives World London Conference.
""I am delighted to see CBOE's innovation recognized by our judges and congratulate CBOE on its triumph with these awards,"" said FOW Editor and Publisher, Will Mitting. ""There is no question that CBOE has been at the forefront of new product creation - particularly with its VIX Index 'franchise' - as well as an innovator in technology and education. This year's awards acknowledge these accomplishments.""
""We are thrilled to receive these two prestigious awards from FOW. Being recognized by a publication that has become required reading for the industry is an honor for CBOE and for the staff that has worked diligently to make our exchange best in class,"" CBOE Holdings Chairman and CEO William J. Brodsky said.
In 2010, the CBOE S&P 500 Implied Correlation Index earned FOW's award for the ""Best Innovation by an Exchange in the Field of Product Design - North America,"" and in 2008, FOW recognized CBOE as the ""U.S. Options Exchange of the Year."" Over the last decade, CBOE and its executives have received nearly two dozen industry awards for leadership and product innovation.
CBOE, the largest U.S. options exchange and creator of listed options, continues to set the bar for options and volatility 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 and futures on the CBOE Volatility Index (the VIX Index). Other 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 is home to the world-renowned Options Institute and www.cboe.com, the go-to place for options and volatility trading resources. CBOE is regulated by the Securities and Exchange Commission (SEC), with all trades cleared by the OCC.
CBOE®, Chicago Board Options Exchange®, Flexible Exchange®, FLEX®, LEAPS®, CBOE Volatility Index® and VIX® are registered trademarks, and BuyWriteSM, BXMSM, COPSSM, SPXSM, and The Options Institute are service marks of Chicago Board Options Exchange, Incorporated (CBOE). Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services, LLC and have been licensed for use by CBOE. All other trademarks and service marks are the property of their respective owners.