CBOE Unveils New London Office To Expand Reach into Europe and Globally

The Chicago Board of Options Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (CBOE), part of CBOE Holdings Inc. which operates futures and options exchanges, has today announced the opening a new office in London and that will be headed by Matthew McFarland, CBOE’s director of global client services, as per an official CBOE statement.

aEstablishing the London operation will help CBOE engage with its strategic partners and expand its presence in the region including the sales efforts of its business development team who will be able to engage more closely with European-based clients and prospects.

Mr. McFarland brings over 20 years industry experience - including nearly 9 years experience at the CBOE, according to information contained in a Linkedin profile. CBOE had just reported its May trading volumes which rose when compared to April's totals as detailed by Finance Magnates in recent post earlier this month.

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We look forward to more directly promoting our diverse suite of products, particularly our growing global index complex, to European institutional investors.

Increasingly global customer base

In addition, the company noted that the opening of an office in London was in response to its efforts to expand globally and cater to a growing global customer base and following recent initiatives aimed to support these efforts. The new CBOE UK office will be located in the Leadenhall Building at 122 Leadenhall Street which is both in a prominent location and property within London.

"We are pleased to establish our first international business development office in London, a key European financial center," said Andy Lowenthal, Senior Vice President of Business Development at CBOE, commenting in a corporate statement regarding the new office.

Mr. Lowenthal added, "The opening of this office is the result of years of concerted and successful international outreach efforts and reflects CBOE's increasingly global customer base. We look forward to more directly promoting our diverse suite of products, particularly our growing global index complex, to European institutional investors."