CBOE to Launch New Exotic Index Options, Eyes Hedgers
Posted: Mon Feb 29, 2016 10:10 pm
Following a conference that the Chicago Board of Options Exchange (CBOE) held today in Florida, the company’s Chief Operating Office (COO) Edward Provost announced plans for new FLEX index options to be launched with Asian and Cliquet style settlement and plans for the products to go live on March 21st at the Chicago-based Exchange.
The news came during a Risk Management Conference (RMC) the CBOE held today, followed by a press release, and with the new products expected to draw interest from Insurers who use similar contracts in the OTC markets – and who will soon be able ... (read more)