Cboe and its CEO Are Now in a Different Boat
In January of 2014, after hearing CBOE executives crow at an annual Chicago press lunch about how great their publicly traded company and its products performed in 2013, I wrote a commentary titled “The CME Should Buy the CBOE Soon.” There have been many on and off discussions about just that for many years. And yesterday for just a short period of time it seemed like it was happening, as the Financial Times reported that CME Group had approached Cboe to acquire it in a $16 billion deal that CME Group later strongly denied.
It has been half a year since Ed Tilly took over as CEO of the CBOE from Bill Brodsky, who moved to the newly...
The CBOE Volatility Index futures, or VIX, has been THE most successful futures contract in recent years. With the VIX posting record volumes this...
With everyone looking for the first big financial collapse of the coronavirus market meltdown, all eyes turned to Ronin, a Chicago-based proprietary trading firm,...
