LONDON, Sept. 7, 2021 /PRNewswire/ -- Cboe Europe,
the pan-European exchange operator and subsidiary of Cboe Global
Markets, Inc. (Cboe: CBOE), today announced the successful launch
of Cboe Europe Derivatives ('CEDX'), a new Amsterdam-based futures and options
marketplace.
CEDX opened for trading on Monday 6 September, offering futures
and options based on Cboe Europe single country and pan-European
indices, and successfully executed and cleared its first trades.
Contracts traded on CEDX are cleared at EuroCCP, Cboe's
pan-European clearing house, allowing customers to benefit from
efficiencies in trading and clearing.
Ade Cordell, president of Cboe NL, said: "We are delighted to
have successfully launched CEDX and are encouraged by the levels of
customer interaction we've seen already. With the support of our
launch participants, we have brought to life a brand-new exchange,
clearing house and futures and options product suite. We couldn't
be more excited for the future growth of this marketplace and
Europe's equity derivatives market
overall."
Cécile Nagel, president of EuroCCP, said: "EuroCCP is delighted
to have supported CEDX's successful launch and to be part of a new
and innovative marketplace for European equity derivatives. This is
a significant milestone in our growth and diversification
journey. We are committed to providing market participants
with a best-in-class service for the clearing and efficient
margining of European equity derivatives and meaningful cost
savings."
CEDX plans to add futures and options on additional European
benchmarks, along with single stock options, at a later date, based
on customer demand and subject to regulatory approvals. The
exchange is a key element of Cboe's aim to become the world's
leading derivatives and securities trading network, entering new
markets around the world and providing a consistent experience for
its global customer base.
About CEDX
CEDX is a new pan-European derivatives marketplace which enables
participants to access a vibrant equity derivatives market through
a single access point, creating efficiencies in trading and
clearing. CEDX offers trading in futures and options based on key
Cboe Europe indices, including the Cboe Eurozone 50, Cboe UK 100,
Cboe Netherlands 25 and Cboe France 40 – all calculated using Cboe
market data. This market forms part of Cboe NL, Cboe's Netherlands-based exchange (Cboe Europe B.V.),
with clearing provided by EuroCCP, Cboe's pan-European clearing
house.
Additional information about CEDX is available at on the Cboe
website.
About Cboe Global Markets, Inc.
Cboe Global Markets (Cboe: CBOE), a leading provider of market
infrastructure and tradable products, delivers cutting-edge
trading, clearing and investment solutions to market participants
around the world. The company is committed to operating a trusted,
inclusive global marketplace, providing leading products,
technology and data solutions that enable participants to define a
sustainable financial future. Cboe provides trading solutions and
products in multiple asset classes, including equities, derivatives
and FX, across North America,
Europe and Asia Pacific. To learn more, visit
www.cboe.com.
Media
Contacts
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Analyst
Contact
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Tim
Cave
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Angela
Tu
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Kenneth Hill,
CFA
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+44-20-7012-8950
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+1-646-856-8734
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+1-312-786-7559
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tcave@cboe.com
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atu@cboe.com
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khill@cboe.com
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References to Cboe
Europe are references to Cboe Europe Limited unless otherwise
stated. References to Cboe NL are references to Cboe Europe
B.V
This information is not being provided as part of an
offer or sale of any futures or options products to any persons
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Cboe Global Markets, Inc. and its affiliates do not recommend
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obtained by recipients of the
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as to the ability of indices to track the performance of their
respective strategies.
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SOURCE Cboe Global Markets, Inc.