Capital Finance International Cites CBOEs Development of Volatility Product Suite, Volume Growth in VIX Options and Futures and Investor Education Initiatives
CHICAGO, IL -- September 21, 2015 -- The Chicago Board Options Exchange® (CBOE®) has been named Best Volatility Trading Platform - Global 2015 by Capital Finance International magazine. This is the fifth industry award CBOE has received in 2015.
The CFI.co Awards 2015 honor individuals and companies throughout the world for their contributions to the global economy during the year. In granting the award, the CFI judging panel noted that the creation of the VIX Index, now considered the worlds barometer of equity market volatility, led to the launch of VIX futures at CFE [CBOE Futures Exchange] in 2004 and VIX options at CBOE in 2006. The VIX Index and VIX options and futures are the centerpieces of CBOE Holdings expanding volatility franchise, which includes more than three dozen products and is a pipeline for continued innovation.
CFI continued: indeed, the acceptance of the VIX Index as a proxy for global volatility and the phenomenal growth in the trading volumes of VIX options and futures has fueled the emergence of volatility as a new asset class. CFI also cited the recently expanded trading hours for VIX products, as well as CBOEs educational initiatives, in naming CBOE the Best Volatility Trading Platform.
The complete judges report is available in the Summer 2015 Awards issue of CFI, available at http://issuu.com/cfi.co/docs/cfi.co_summer_2015/98?e=6174959/14467776.
In addition to being recognized as the Best Volatility Trading Platform - Global 2015, CBOE was named Derivatives Exchange of the Year - Americas at the GlobalCapital Americas Derivatives Awards 2015 in May, Best Options Trading Venue and Best Mobile Application at the Wall Street Letter Institutional Trading Awards 2015 and Best Options Exchange at the Markets Media Markets Choice Awards 2015 in February.
As a leader in options and volatility product innovation, trading technology and investor education, CBOE has consistently received industry awards over the past decade, totaling nearly three dozen in areas such as leadership and new product and technology development.
About CBOE:
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 Holdings offers equity, index and ETP options, including proprietary products, such as options and futures on the CBOE Volatility Index (VIX Index) and S&P 500 options (SPX), the most active U.S. index option. Other products engineered by CBOE include equity options, security index options, Weeklys options, FLEX options and benchmark products such as the CBOE S&P 500 BuyWrite Index (BXM). CBOE Holdings is home to the world-renowned Options Institute, Livevol options analytics and data tools, and www.cboe.com, the go-to place for options and volatility trading resources.
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CBOE®, Chicago Board Options Exchange®, CFE®, Execute Success®, CBOE Volatility Index®, Livevol®, FLEX® and VIX® are registered trademarks, and BuyWriteSM, BXMSM, CBOE Futures ExchangeSM, WeeklysSM and The Options InstituteSM 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 and CFE.All other trademarks and service marks are the property of their respective owners.
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