Since its founding in 1973, the Chicago Board Options Exchange has laid claim to the title of the nation’s largest options marketplace. If the trend continues, it’ll lose that bragging right.
Trading data for 2010 showed that in December, the CBOE’s market share slipped to second among the nation’s eight major options exchanges. Edging it out for the first time was the former Philadelphia Stock Exchange, an options market owned by Nasdaq OMX Group Inc. and known as PHLX.
Tuesday, January 04, 2011
CBOE could lose title as options marketplace king
The Chicago Sun-Times reports:
