The COVID-19 crisis has hit the financial sector particularly hard. Real estate investment trusts (REITs) have all suffered, as have banks. One bright spot has been the exchanges, where credit risk is minimal.
Cboe Global Markets (NYSEMKT: CBOE) houses the Chicago Board Options Exchange, the premier options exchange in the U.S., which handles S&P 500 (SPX) options trading as well as the Volatility Index (VIX) products. Cboe also includes the Better Alternative Trading System (BATS) Exchange, which trades cash equities and futures.
Image source: Getty Images.