CBOE Opens New Trading Floor in Downtown Chicago
Cboe Global Markets, Inc. on Monday held the grand opening of its new trading floor in Chicago at 141 W. Jackson Blvd. Cboe’s new trading floor returns to the same space where it was founded in 1973 as the first listed options exchange in the U.S.
The new trading floor houses a total of 10 trading pits, including S&P 500 Index options, Cboe Volatility Index options, Russell 2000 Index (and SPDR S&P 500 ETF Trust options pits. The floor provides market-makers and brokers with more space, including expanded capacity to meet demand from firms looking to support additional floor-based traders.
“Our customers continue to find value in open outcry trading, especially for executing larger, more complex orders, and rely on the floor for price discovery and the deep liquidity provided by our market-makers and floor brokers,” said Chris Isaacson, EVP and COO of Cboe Global Markets.
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