Chicago Board Options Exchange - CBOE

AAA

DEFINITION of 'Chicago Board Options Exchange - CBOE'

Founded in 1973, the CBOE is an exchange that focuses on options contracts for individual equities, indexes and interest rates. The CBOE is the world's largest options market. It captures a majority of the options traded. It is also a market leader in developing new financial products and technological innovation, particularly with electronic trading.

The CBOE is also referred to as the "See-bo".

INVESTOPEDIA EXPLAINS 'Chicago Board Options Exchange - CBOE'

On the first day of trading in 1973, 911 contracts traded hands on 16 stocks. Today, the CBOE's average daily volume consistently exceeds one million contracts per day.

RELATED TERMS
  1. Options Industry Council - OIC

    A cooperative formed in 1992 by U.S. options exchanges and Options ...
  2. CFLEX

    An electronic system for trading flex options, or options that ...
  3. Basket

    A single unit of at least 15 stocks that are used in program ...
  4. Chicago Board Of Trade - CBOT

    A commodity exchange established in 1848 that today trades in ...
  5. Option

    A financial derivative that represents a contract sold by one ...
  6. New York Board Of Trade - NYBOT

    A commodities exchange in New York that trades futures and options ...
Related Articles
  1. Single stock futures (SSFs) are contracts between two investors.
    Options & Futures

    Introduction To Single Stock Futures

  2. Options & Futures

    Options Basics Tutorial

  3. Options & Futures

    Using "The Greeks" To Understand Options

  4. Options & Futures

    How The Straddle Rule Creates Tax Opportunities ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center