Tag: Cboe Global Markets

Exchange group Cboe has acquired New York-based Trade Alert to expand information services division in latest takeover.

Cboe has confirmed its open outcry options trading floor in Chicago is scheduled to partially resume operations next month after it was shut down in March due to coronavirus.

Similar to CME, Cboe said no cases of coronavirus have been reported on its trading floor.

Hanweck Associates and FT Options mark the latest acquisitions by Cboe, after the group confirmed plans to acquire EuroCCP late last year to expand derivatives trading capabilities.

Cboe Market Close (CMC) will go live in March this year after the exchange gained approval to launch the mechanism last month.

Market maker Old Mission has gained approval for institutional services business, hiring Bryan Christian and Harry Whitton to drive growth.

Cboe has gained approval from the SEC to operate an alternative closing auction mechanism, which threatens the monopoly primary exchanges retain on end-of-day trading.

Cboe Global Markets wants to implement the data feeds in multiple locations in a bid to reduce SIP latency, as debate on equities market data continues in the US.  

Following intense debate among market participants on the extensive costs of market data, incumbent exchanges could soon have less power over the consolidated tape in the US.