Cboe Gains Dutch Regulatory Approval for New Derivatives Market

Cboe Europe has received approval from the Dutch regulator to operate its new European derivatives market from September 6, 2021, after confirming plans to launch earlier this year. The regulatory approval from the Dutch Authority for the Financial Markets (AFM) means Cboe Europe Derivatives is now authorized to operate for equity index futures and options. Its EuroCCP subsidiary, which will provide clearing services for the venue, has also been granted approval by the Central Bank of the Netherlands (DNB) to clear the equity derivatives. The exchange is expected to launch this September with futures and options based on six Cboe Europe indices including Cboe Eurozone 50, Cboe UK 100, Cboe Netherlands 25, Cboe Switzerland 20, Cboe Germany 30, and Cboe France 40. This is expected to be expanded based on client demand and further regulatory approval.