The Chicago Board Options Exchange has no immediate acquisition plans, a senior executive said, as the group prepares to launch its second options platform and offers the first options contract on its CBOE Futures Exchange.
Ed Joyce, president of the newly listed exchange, was
speaking at a press briefing for its futures arm’s
launch of weekly options on Volatility Index (Vix) Futures.
Joyce said organic growth remained CBOE’s
focus, despite having gone public in August. "Our focus is on
growing what we do... as a standalone entity. That makes you
stronger relative to potential partners," he argued, claiming
the bourse’s new all-electronic C2 platform would
attract different members from those on its main platform.
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |