Trading

Cboe eyes untapped European options market

The exchange has been expanding its European options business over the past six months

Friday 2 August 2024 at 12:07

Cboe boosted revenue in the second quarter of the year Scott Olson/Getty Images
Cboe boosted revenue in the second quarter of the year Scott Olson/Getty Images Photo: Getty Images

Cboe is looking to capitalise on a European options market that has been left untapped.

In its second quarter results published on 2 August, the exchange said it saw an opportunity in Europe, noting the current options market in the EU was 6% the size of the US.