CHICAGO, Dec. 16, 2020 /PRNewswire/ -- Cboe
Global Markets, Inc. (Cboe: CBOE), a market operator and global
trading solutions provider, today announced that the full suite of
ProShares Volatility ETFs successfully transferred to Cboe BZX
Exchange from NYSE Arca for trading beginning Wednesday, December 16.
ProShares Volatility ETFs are designed to offer exposure to the
S&P 500 VIX Short-Term Futures Index and the S&P 500 VIX
Mid-Term Futures Index, as well as leveraged and inverse exposure
to the S&P 500 VIX Short-Term Futures Index. The ETFs include:
VIX Short-Term Futures ETF (Ticker: VIXY), VIX Mid-Term Futures ETF
(Ticker: VIXM), Ultra VIX Short-Term Futures ETF (Ticker: UVXY) and
Short VIX Short-Term Futures ETF (Ticker: SVXY). With the addition
of these four ETFs, Cboe BZX Exchange now lists a total of 22 ETFs
from ProShares. These comprise of 11 ETFs which had launched on
Cboe, and 11 ETFs which transferred to Cboe from competing
exchanges.
Laura Morrison, Senior Vice
President and Global Head of Listings at Cboe Global Markets, said:
"As the creator of the Cboe Volatility (VIX) Index and home of
volatility trading, we are pleased to welcome the entire family of
ProShares Volatility ETFs to our Cboe BZX marketplace. ProShares is
the world's largest provider of ETFs benchmarked to VIX futures
indices and shares Cboe's vision and commitment to defining
volatility as a tradable asset class."
Michael L. Sapir, Chairman and CEO at ProShares, said: "We are
pleased to further our collaboration with Cboe Global Markets to
list ProShares' innovative volatility ETFs, and continue to provide
our clients with tools to incorporate volatility strategies in
sophisticated portfolios."
As of December 2020, Cboe BZX
Exchange is the second largest primary listings venue for
exchange-traded products (ETPs) in the U.S. Cboe BZX is home to
more than 400 ETPs, representing approximately $370 billion in total assets under management
from more than 50 unique issuers in the U.S. In Europe, Cboe
lists more than 60 ETPs from nine unique issuers. For the year to
date, Cboe BZX has captured 35 percent of all new ETP launches in
the market. For additional information on the Cboe Listed
Marketplace, visit CboeListings.com.
About Cboe Global Markets, Inc.
Cboe Global Markets (Cboe: CBOE) provides cutting-edge trading
and investment solutions to market participants around the world.
The company is committed to defining markets through product
innovation, leading edge technology and seamless trading
solutions.
The company offers trading across a diverse range of products in
multiple asset classes and geographies, including options, futures,
U.S., Canadian and European equities, exchange-traded products
(ETPs), global foreign exchange (FX) and volatility products based
on the Cboe Volatility Index® (VIX® Index), recognized as
the world's premier gauge of U.S. equity market volatility.
Cboe's subsidiaries include the largest options exchange and the
third largest stock exchange operator in the U.S. In addition, the
company operates one of the largest stock exchanges by value traded
in Europe, and owns EuroCCP, a
leading pan-European equities clearing house. Cboe also is a
leading market globally for ETP listings and
trading.
The company is headquartered in Chicago with a network of domestic and global
offices across the Americas, Europe and Asia, including main hubs in New York, London, Kansas
City and Amsterdam. For
more information, visit www.cboe.com.
Media
Contacts
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Analyst
Contact
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Angela
Tu
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Tim
Cave
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Debbie
Koopman
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+1-646-856-8734
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+44 (0)
7593-506-719
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+1-312-786-7136
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atu@cboe.com
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tcave@cboe.com
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dkoopman@cboe.com
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CBOE-E
CBOE-OE
Cboe®, Cboe Volatility Index®, Cboe Global Markets®,
BZX®, and VIX® are registered trademarks of Cboe Exchange,
Inc. All other trademarks and service marks are the property
of their respective owners.
Cboe Global Markets, Inc. and its affiliates do not recommend
or make any representation as to possible benefits from any
securities or investments, or third-party products or services.
Cboe Global Markets, Inc. is not affiliated with ProShares.
Investors should undertake their own due diligence regarding their
securities and investment practices. This press release speaks only
as of this date. Cboe disclaims any duty to update the information
herein.
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SOURCE Cboe Global Markets, Inc.