Former CFTC Chair Chris Giancarlo and AFX Chairman Richard Sandor on LIBOR issues and STIR benchmark alternatives.

Trader technique using volatility and CBOE VIX futures to pinpoint trade execution in long butterfly S&P 500 options spread.

Richard Sandor, the CEO of the American Financial Exchange (AFX) sees a more diverse outcome for the interest rate benchmark used to set trillions in global interest rates on everything from mortgages to credit cards. The “father of financial futures” sees a world in which a variety of interest rate benchmarks operate. AFX exchange created a LIBOR alternative, AMERIBOR, which he says better represents US interest rates for regional and community banks and will trade on the CBOE Futures Exchange (CFE).

Cboe Global Markets Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world's largest exchange-holding companies, today announced its Board of Directors has declared an increased quarterly cash dividend of $0.31 per share of common stock for the third quarter of 2018, representing a 15% increase compared with the prior quarter's dividend of $0.27 per share, and increased its share repurchase authorization by $100 million.

Volatility trading is the term used to describe trading the velocity of movement in price of an underlying instrument rather than the direction of price. For example, you could trade the value of an equity index, but volatility trading typically means trading the expected velocity of movement.

There are many kinds of options in the trading world. Vanilla options are the most common types of option contracts known to investors on the market. There are two kinds of vanilla options: European and American style options. European options are the most simple and basic form of option contracts used by equity market players.

A letter from CBOE on the VIX

Cboe Global Markets today announced the settlement of the April expiry Cboe bitcoin (XBT) futures, the fourth contract settlement conducted since its launch in December.

Major stock indexes plunged more than 500 points Thursday afternoon following President Trump’s announcement that he was imposing a 25% tariff on imported steel and 15% on aluminum.​

Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE) today announced the successful migration of Cboe Futures Exchange (CFE) to its proprietary Bats technology, a significant milestone in the company’s multi-exchange, multi-year technology integration.