Chicago Board Options Exchange (CBOE)
Founded in 1973, the CBOE is an exchange that focuses on options contracts for individual equities, indexes and interest rates. The CBOE is the world's largest options market. It captures a majority of the options traded. It is also a market leader in developing new financial products and technological innovation, particularly with electronic trading.
The CBOE is also referred to as the "See-bo". Investopedia Says:
On the first day of trading in 1973, 911 contracts traded hands on 16 stocks. Today, the CBOE's average daily volume consistently exceeds one million contracts per day. Related Terms:
Chicago Board Of Trade - CBOT
International Securities Exchange - ISE
Listed Option
London International Financial Futures And Options Exchange - LIFFE
Long-Term Equity Anticipation Securities - LEAPS
New York Board of Trade - NYBOT
Option
Optionable Stock
VIX - CBOE Volatility Index |