Cboe Global Markets has appointed Meaghan Dugan as its new head of US options.
Meaghan Dugan
Dugan brings over 20 years’ experience in listed options trading and market making to the role.
She previously served as head of options at the New York Stock Exchange, overseeing NYSE Amex options and NYSE Arca options markets.
Before joining NYSE, she spent 11 years at Bank of America, most recently as head of product for US electronic options and global futures algorithms.
Elsewhere in her career, Dugan worked at Morgan Stanley as a lead market maker in its automated market making business, and then later in MSET, an electronic trading team delivering trading algorithms and solutions to institutional and buy-side trading.
As part of her new role, Dugan will be responsible for overseeing the business strategy, competitive positioning, market structure and market development for Cboe’s US options business.
“I have long admired Cboe for not only its remarkable success in US options, but also its ongoing expansion into a truly global derivatives powerhouse,” said Meaghan Dugan, head of US options at Cboe.
“[…] I am incredibly excited to join a team that shares my spirit of innovation and commitment to excellence, and I look forward to helping propel Cboe’s US options business into its next phase of growth.”
Dugan’s appointment comes as part of Cboe’s latest expansion of its global derivatives team to strengthen its business development, market intelligence and sales capabilities across the US, Europe and APAC.
Other recent appointments include Steven Jorgensen as head of derivatives sales for Europe and the Middle East, and Jason Beck as senior director of derivatives sales, head of Florida and US sell-side.
Cboe’s APAC derivatives sales team has also expanded with the appointment of Hiroshi Okitsu, James Paik and Lydia Stringer as sales directors, and Vincent Wang as sales manager.
Elsewhere, Cboe expanded its derivatives market intelligence team with the appointment of Henry Schwartz as vice president, market intelligence, and Ed Tom as senior director, market intelligence.
“This is an incredibly exciting time for Cboe’s global derivatives business as we continue to unlock new opportunities for growth by scaling up globally across every critical function,” said Catherine Clay, global head of derivatives at Cboe.