Announces appointment of Adam
Eades as President of Cboe Europe B.V.
LONDON, March 11, 2019
/PRNewswire/ -- Cboe Europe, the largest stock exchange by
value traded in Europe and a division of Cboe Global Markets
(Cboe: CBOE), today announced that Cboe Europe B.V., its new
subsidiary based in Amsterdam, has
received authorisation from the Dutch Ministry of Finance. Cboe
Europe B.V. is now authorised to operate a Regulated Market
(RM), Multilateral Trading Facility (MTF) and Approved
Publication Arrangement (APA), which will be regulated by the Dutch
Authority for the Financial Markets (AFM).
Mark Hemsley, President of Cboe
Europe, said: "We are pleased to have received regulatory approval
for our new Netherlands-based
venue. We are committed to providing pan-European services to our
customers and this authorisation helps ensure we are
well-positioned to continue to service our customers across
Europe post-Brexit."
Cboe will continue to operate its existing Recognised Investment
Exchange (RIE) in the UK. Cboe Europe will offer the same services
at both its UK and Netherlands
venues. Post-Brexit, Cboe is planning to make all EEA-listed
symbols available for trading on the
Netherlands venue, while UK and Swiss-listed symbols will
trade on the UK venue.
Adam Eades, currently Chief Legal
and Regulatory Officer at Cboe Europe, has been appointed President
of Cboe Europe B.V. and will oversee the operations.
Mr. Eades said: "I'm delighted to lead Cboe Europe B.V. and work
closely with the London team to
ensure a seamless launch of the new venue. We've been working
closely with our customers over the past two years and have made
the necessary preparations to ensure we are ready for any potential
Brexit scenarios."
Cboe Europe B.V. is currently scheduled to launch on
1st April 2019. Cboe is
closely monitoring the political discussions and will react as
quickly as possible to any developments that would alter this
launch date.
Additional information regarding Cboe's Brexit plans is
available on the company's Brexit Microsite.
About Cboe Global Markets, Inc.
Cboe Global Markets, Inc. (Cboe: CBOE) is one of the world's
largest exchange holding companies, offering cutting-edge trading
and investment solutions to investors around the world. The company
is committed to relentless innovation, connecting global markets
with world-class technology, and providing seamless solutions that
enhance the customer experience.
Cboe offers trading across a diverse range of products in
multiple asset classes and geographies, including options, futures,
U.S. and European equities, exchange-traded products (ETPs), global
foreign exchange (FX) and multi-asset volatility products based on
the Cboe Volatility Index (VIX Index), the world's barometer for
equity market volatility.
Cboe's trading venues include the largest options exchange in
the U.S. and the largest stock exchange by value traded in
Europe. In addition, the company is one of the largest stock
exchange operators in the U.S. and a leading market globally for
ETP trading.
The company is headquartered in Chicago with offices in Kansas City, New
York, London, San Francisco, Singapore, Hong
Kong and Quito,
Ecuador. For more information, visit www.cboe.com.
Media
Contacts
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Analyst
Contact
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Stacie
Fleming
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Suzanne
Cosgrove
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Debbie
Koopman
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+44-20-7012-8950
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+1-312-786-7123
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+1-312-786-7136
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sfleming@cboe.com
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scosgrove@cboe.com
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dkoopman@cboe.com
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CBOE-EE
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Information
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actual results to differ materially from those contained in any
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Some factors that could cause actual results to differ
include: the loss of our right to exclusively list and trade
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