CBOE To Re-Launch Listed Credit Options
The Chicago Board Options Exchange is looking at testing the market for listed credit derivatives again.
The Chicago Board Options Exchange (CBOE) is looking at testing the market for listed credit derivatives again, NASDAQ reports. It had launched the instruments three years ago and subsequently pulled them due to insufficient liquidity.
CBOE is planning to submit an amended rule filing to the Securities and Exchange Commission, which if approved, would allow it to list credit options. The exchange believes regulators’ calls for transparency and raised standardization among over-the-counter derivatives may be ideal for a re-launch.
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