Cboe Europe Derivatives Plans Launch for September 6
Cboe Europe announced it plans to launch Cboe Europe Derivatives, a new Amsterdam-based futures and options market, on Monday, September 6, 2021, subject to regulatory approvals. Cboe has secured the support of a broad range of participants, including banks, clearing firms, market-makers and proprietary trading firms who are expected to help contribute to the provision of liquidity and client order flow on Cboe Europe Derivatives. The exchange plans to leverage Cboe’s global derivatives expertise and European equity trading and clearing footprint to bring a modern, on-screen market structure utilized in the U.S. to Europe and to grow the region’s equity derivatives market overall. EuroCCP, Cboe’s pan-European clearing operator, will provide clearing services for the venue, subject to regulatory approval. By taking a pan-European approach, Cboe Europe Derivatives will enable market participants to access a vibrant derivatives market through a single access point, creating efficiencies in trading and clearing.