Market maker IMC latest to join Cboe Europe Derivatives as trading participant

News follows Cboe Europe Derivatives’ expansion into single stock options in November last year.

Cross asset market maker IMC has become the latest trading participant to join Cboe Europe Derivatives (CEDX).

Iouri Saroukhanov

 “We are very excited to become a direct trading participant on CEDX and provide liquidity across the exchange’s range of pan-European equity derivatives contracts,” said Koen Langemeijer, IMC Europe market making lead.

“We are strongly aligned with CEDX’s ambitions to enhance and grow Europe’s derivatives markets and look forward to providing its participants with access to our exceptional levels of liquidity.”

CEDX came to market in 2021, officially launching with a futures and options trading offering. The exchange launched single stock options trading in November last year.

It now offers around 300 options on companies from 14 European countries.

Read more – Cboe Europe Derivatives expands into single stock options

“The support of a firm of IMC’s calibre demonstrates the broad appeal of CEDX, which is lowering barriers to entry for European derivatives through its pan-European model and promotion of deep and liquid on-screen markets,” said Iouri Saroukhanov, head of European derivatives at Cboe Europe.

“We look forward to IMC’s active participation across our range of equity derivatives and supporting us on our journey to create a larger and more efficient European derivatives market.”

Until IMC’s announcement, Interactive Brokers was the most recent participant to join the exchange, having joined earlier this month.