LONDON, July 3, 2018
/PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE |
Nasdaq: CBOE), one of the world's largest exchange holding
companies, today announced plans to establish a new venue in
Amsterdam to ensure the company is
well-positioned to continue to serve its customers across
Europe from April 2019, after the UK's planned exit from the
European Union (EU).
Cboe Europe has filed its application with the Dutch Authority
for the Financial Markets (AFM) to establish a MiFID II compliant
equities trading venue and Approved Publication Arrangement (APA)
in the Netherlands to continue to
service its EU customer base. The choice of the Netherlands comes after thoughtful and
careful consideration of a number of locations that have strong
international financial market centres.
Mark Hemsley, President of Cboe
Europe, said: "We believe that the
Netherlands is supportive of competitive and open financial
market infrastructure and we feel Amsterdam is a fantastic location to establish
our EU venue. We have longstanding and good relations with the AFM
and De Nederlandsche Bank (DNB) which have a deep understanding of
the equities and derivatives markets. Additionally, Amsterdam is a well-known location for us
given our ownership stake in pan-European clearing house EuroCCP,
which is also based there."
Cboe will continue to operate its existing Recognised Investment
Exchange (RIE) in the UK. Cboe's intention is to offer similar
services in both the UK and EU entity, including a Regulated Market
(RM), multi-lateral trading facility (MTF), APA and Benchmark
Administrator.
Cboe Europe is the largest pan-European stock exchange by market
share and value traded.
About Cboe Global Markets, Inc.
Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE) is one of
the world's largest exchange holding companies, offering
cutting-edge trading and investment solutions to investors around
the world. The company is committed to relentless innovation,
connecting global markets with world-class technology, and
providing seamless solutions that enhance the customer
experience.
Cboe offers trading across a diverse range of products in
multiple asset classes and geographies, including options, futures,
U.S. and European equities, exchange-traded products (ETPs), global
foreign exchange (FX) and multi-asset volatility products based on
the Cboe Volatility Index (VIX Index), the world's barometer for
equity market volatility.
Cboe's trading venues include the largest options exchange in
the U.S. and the largest stock exchange by value traded in
Europe. In addition, the company is the second-largest stock
exchange operator in the U.S. and a leading market globally for ETP
trading.
The company is headquartered in Chicago with offices in Kansas City, New
York, London, San Francisco, Singapore, Hong
Kong and Quito,
Ecuador. For more information, visit www.cboe.com.
Cboe Europe Limited is a Recognised Investment Exchange
regulated by the Financial Conduct Authority. Cboe Europe Limited
is a wholly-owned subsidiary of Cboe Global Markets, Inc. and is a
company registered in England and
Wales with Company Number 6547680
and registered office at The Monument Building, 11 Monument Street,
London EC3R 8AF. This has been
established for information purposes only. None of the information
concerning the services or products described in this document
constitutes advice or a recommendation of any product or service.
To the extent that the information provided in this document
constitutes a financial promotion as defined by section 21 of the
Financial Services and Markets Act 2000, it is only directed at
persons who qualify as a Professional Client or Eligible
Counterparty. Persons who do not qualify should not act on or rely
upon it.
Media
Contacts
|
|
Analyst
Contact
|
|
|
|
|
|
Stacie
Fleming
|
Hannah
Randall
|
Suzanne
Cosgrove
|
|
Debbie
Koopman
|
+44-20-7012-8950
|
+1-646-856-8809
|
+1-312-786-7123
|
|
+1-312-786-7136
|
sfleming@cboe.com
|
hrandall@cboe.com
|
cosgrove@cboe.com
|
|
koopman@cboe.com
|
|
|
|
|
|
|
|
CBOE-EE
CBOE-OE
VIX® is a registered trademark and Cboe Global
MarketsSM is a service mark of Cboe Exchange, Inc. All
other trademarks and service marks are the property of their
respective owners.
Forward-Looking Statements
Certain information
contained in this news release may constitute forward-looking
statements. We caution readers not to place undue reliance on any
forward-looking statements, which speak only as of the date made
and are subject to a number of risks and uncertainties.
Logo - https://mma.prnewswire.com/media/622233/Cboe_Logo.jpg