Cboe takes on Euronext in European single stock options trading

Discussion in 'Options' started by ETJ, Feb 15, 2023.

  1. ETJ

    ETJ

    LONDON, Feb 14 (Reuters) - Cboe Global Markets Inc CBOE.Z said on Tuesday that its European arm will offer trading and clearing in single stock options on top European companies from November, pitting itself against incumbents such as Euronext, Eurex and ICE.

    Cboe Europe Derivatives (CEDX) will initially offer equity options on companies from Belgium, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Spain and Sweden.

    "Options on stocks from additional European countries are expected to be introduced starting from February 2024, subject to regulatory approvals," Cboe said in a statement.

    Single stock options give investors the right, but not the obligation, to buy or sell the underlying shares at a fixed price on a future date.


    They allow investors to go long or short on a stock.

    CEDX launched in September 2021, offering trading in futures and options based on single country and pan-European indices compiled by Cboe.

    Pan-European exchange Euronext already offers single stock options on hundreds of leading European companies.

    (Reporting by Huw Jones; Editing by Shounak Dasgupta)

    ((huw.jones@thomsonreuters.com; +44 207 542 3326; Reuters Messaging: huw.jones.thomsonreuters.com@reuters.net))




    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
     
    zdreg and Nobert like this.
  2. maxinger

    maxinger

    What is the volume going to be like?

    There are many products with zero or almost zero volume.
     
  3. zdreg

    zdreg

    You don't know until you try and also only time will tell.

    What's wrong with the existence of products with small volume?
     
  4. traider

    traider

    this is exciting news, keep us posted
     
  5. qwerty11

    qwerty11

    Would be great if they also included some ETFs, that's now almost fully missing in Europe...
     
  6. maxinger

    maxinger


    You will surely enjoy trading Lumber Futures.
    It moves tremendously with very low volume.


    Also, you will surely enjoy trading
    Nasdaq 100 Volatility Index futures from Chicago Mercantile Exchange.
    The only problem is that you might be the only one trading it in the whole world.