Cboe expands to 23-hour trading for select corporate bond futures
Move comes as the exchange launches two new options products based off its investment grade and high yield corporate bond index futures.
Move comes as the exchange launches two new options products based off its investment grade and high yield corporate bond index futures.
The move compliments Cboe’s historical data for Europe, US, and Japan which is already offered via BMLL.
Landmark initiative between some of the largest organisations across the capital markets creates a ‘network of networks’ allowing siloed systems to interoperate while balancing the decentralisation with privacy and control.
Broadway will provide Cboe full-service co-location, cloud hosting and system oversight to improve the trading experience on Cboe’s new trading platform.
The new options are expected to be available for trading by November 2023 and will initially launch in 10 EU countries, clearing into Cboe Clear Europe.
Speaking to The TRADE, Cboe’s head of European derivatives Iouri Saroukhanov said the aim of the infant exchange offering was to alter EU market structure, not to grab market share.
The exchange delivered record earnings driven by its derivatives franchise, data solutions and cash/spot markets.
Learn more about the four firms shortlisted for our Editors’ Choice Award for Outstanding Exchange Group this year: including Cboe Global Markets, Euronext, London Stock Exchange Group and SIX Swiss Exchange.
Following an acquisition-littered few years, Annabel Smith explores the new role of trading venues and the need for a diversified toolbox in order to compete in an increasingly complex marketplace.
Several venues will not open their markets on Monday out a mark of respect to Her Majesty Queen Elizabeth II and due to it being a public holiday.