Chicago Board Options Exchange (CBOE) leaders have
reiterated their plans to push ahead to demutualise this year
with an IPO to follow, despite ongoing legal disputes with
Chicago Board of Trade (CBoT) over exercise rights.
Bill Brodsky, CBOE chairman and CEO, said the exchange
planned to address the filing of its S-4 form with Securities
and Exchange Commission (SEC) at its 25 January board meeting.
CBOE said it expected the approval process to take nine to 12
months, after which the exchange could file an S-1 form for an
IPO. However, Brodsky cautioned, that plans for an IPO could
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