CBOE Holdings, Inc.

www.cboe.com

Tel : 1 312 786 5600
Fax : 1 312 786 7407

Representatives

Executive Chairman : Mr. William J. Brodsky

Executive Vice President: Mr. Richard G.DuFour

Chicago Board Options Exchange (CBOE) & C2 Options Exchange (C2)

 

Types of Securities Traded

Name of Trading Systems

(cash and derivatives)

Trading Hours

Individual Equity Options

 

Equity Index Options

 

Exchange-Traded Fund/Note Options

 

Credit Options

 

 

CBOE Hybrid: CBOE's Hybrid Trading System is designed to provide customers the best of both the electronic and open outcry worlds.

 

CBOE Direct: CBOE's state-of-the-art trade engine. CBOE Direct is the platform for CBOE Hybrid, and the all-electronic C2 Options Exchange.

 

8 :30 am – 3 :15 pm CT

 

 

 

 

 

 

 

 

 

CBOE Futures Exchange (CFE)

Types of Securities Traded

Name of Trading Systems

(cash and derivatives)

Trading Hours

 

Volatility Index Futures & Security Futures

 

 

 

 

CBOE Direct: CBOE's state-of-the-art trade engine. CBOE Direct is the platform for CBOE Hybrid, and the all-electronic CFE.

 

7 :00 am – 3 :15 pm CT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Chicago Board Options Exchange (CBOE) & C2 Options Exchange (C2)

Supervisory Body

CBOE and C2 are Self-Regulatory Organizations (SRO) under the regulatory supervision of the Securities Exchange Commission (SEC)

 

Name of Clearing & Settlement Organization

The Options Clearing Corporation (OCC)

 

Settlement Cycle

For physically-settled Individual Equity and Exchange-Traded Fund/Note Options - exercise notices tendered on any business day will result in delivery of the underlying stock on the third (T+3) business day following exercise.

For cash-settled Index Options and Credit Options - exercise will result in delivery of cash on the next (T+1) business day following exercise.

 

Name of Central Securities Depository

Depository Trust & Clearing Corporation (DTCC)

 

Commissions on Transactions levied by Exchange

See CBOE Fee Schedules & C2 Fee Schedules as of July 3, 2013

 

Taxes on Dividends, Interests

Generally, interest is taxed as ordinary income.  “Qualified” dividends are subject to preferred tax rates, all other dividends are taxed as ordinary income. Please refer to www.irs.gov for more information.

 

2013 Share ownership thresholds (%)

N/A

 

Short selling (Yes / No)

Yes

 

Short selling conditions (if any)

None for options.  SEC REG SHO governs short selling conditions for cash-market stocks and ETFs.

 

CBOE Futures Exchange (CFE)

Supervisory Body

CFE is under the regulatory supervision of the Commodities Futures Trading Commission (CFTC)

 

Name of Clearing & Settlement Organization

The Options Clearing Corporation (OCC)

 

Settlement Cycle

For cash-settled futures and security futures exercise will result in delivery of cash on the next (T+1) business day following exercise.

 

Name of Central Securities Depository

N/A

 

Commissions on Transactions levied by Exchange

See CFE Fee Schedules as of July 3, 2013

 

Taxes on Dividends, Interests

Generally, interest is taxed as ordinary income.  “Qualified” dividends are subject to preferred tax rates, all other dividends are taxed as ordinary income. Please refer to www.irs.gov for more information.

 

2013 Share ownership thresholds (%)

N/A

 

Short selling (Yes / No)

Yes

 

Short selling conditions (if any)

None

Holiday
1st January
21st January
18th February
29th March
27th May
4th July
2nd September
28th November
25th December
This page was last updated on: 07/10/2013 - 17:27