CBOE is a leading operator of cash equity, option and derivative exchanges in the US and Europe. The company makes money by providing deep pools of liquidity for banks, institutional investors and speculators to trade CBOE’s flagship products.
Quick aside – when I refer to “liquidity” as the main service CBOE provides, I’m referring to market participants being able to connect to the exchange and trade various financial instruments at all times of the trading day, at a transparent market price, with near-instant execution. This is a unique and extremely valuable service that takes