Cboe Europe Derivatives (CEDX) has welcomed Interactive Brokers as a participant, providing its clients with access to CEDX’s equity index derivatives and equity options this quarter.
Milan Galik
Interactive Brokers has become a direct trading participant on CEDX and a direct clearing participant for equity derivatives on Cboe’s pan-European clearing house and CEDX’s clearing provider, Cboe Clear Europe.
“We are thrilled to welcome Interactive Brokers to CEDX, which represents a significant milestone in the exchange’s journey to improve the ability of retail investors to gain access to and benefit from European derivatives, particularly options,” said Iouri Saroukhanov, head of European derivatives at Cboe Europe.
“Interactive Brokers has been a strong collaborator to our successful US options markets for many years, and we look forward to strengthening this collaboration with them in Europe to help improve and grow derivatives markets in the region.”
Launched in September 2021, CEDX initially offered trading in futures and options based on key Cboe Europe single country and pan-European indices, with clearing provided by Cboe Clear Europe.
In November last year, CEDX expanded into equity options, with future expansion of these products in Q1 2024. The derivatives exchange now offers contracts on over 300 European companies.
“We are pleased to introduce access to CEDX and give our clients an additional way to trade European derivatives alongside our existing global stocks, options, futures, currencies, bonds, funds and more from a single unified platform,” said Milan Galik, chief executive at Interactive Brokers.
“With the addition of CEDX’s extensive European equity options and index derivatives, our clients now enjoy enhanced choice and flexibility, enabling them to manage their European investments more effectively.”