'CBOE Options Institute At SGX' Launches In Singapore December 9
-- Expansion Targets Growing Educational Demand in Asia
-- First International Extension of CBOE Options Institute
-- Expansion Targets Growing Educational Demand in Asia
-- First International Extension of CBOE Options Institute
CHICAGO and SINGAPORE, Dec. 9, 2015 /PRNewswire/ -- The Chicago Board Options Exchange® (CBOE®) today launched the first international extension of the world-renowned CBOE Options Institute at Singapore Exchange (SGX) in a ceremony attended by CBOE Chief Executive Officer Edward T. Tilly and SGX Chief Executive Officer Loh Boon Chye.
The CBOE Options Institute at SGX is designed to leverage CBOE's options education expertise with SGX's connectivity with investors across Asia. The Options Institute, which marks its 30th anniversary this year, continues to set the standard for investor education globally and reaches an estimated 40,000 investors annually. Its experienced instructors conduct nearly 400 educational events per year, including classroom training at The Options Institute's state-of-the-art Chicago facility.
"We are thrilled to join with the SGX team to officially open The CBOE Options Institute at SGX," said Tilly. "CBOE has long been committed to educating investors around the world about the effective use of options to manage risk and achieve investment goals, but this marks our first international educational presence. We believe education is essential to the growth of vibrant markets, and this collaboration will enable us to quickly meet increasing demand for options and volatility trading education in the region."
First announced in July, The CBOE Options Institute at SGX will be part of Singapore Exchange's SGX Academy. Classes begin today, led by Russell Rhoads, Director of Program Development with The Options Institute and a leading authority in the options and volatility space.
The collaboration between the two exchanges highlights the commitment both CBOE and SGX have to providing high-level investor education. The Options Institute's trademarked content, which highlights CBOE products, will be customized for the region by CBOE and translated into local languages by SGX. Instructors at The CBOE Options Institute at SGX will be trained by veteran instructors from The Options Institute at CBOE.
In keeping with CBOE's commitment to global expansion, the exchange hosted its first-ever CBOE Risk Management Conference (RMC) Asia in Hong Kong on November 30 and December 1, adding a premier Asian financial industry conference for users of equity derivatives and volatility products to its annual U.S. and European RMC events.
CBOE increasingly has made access to its products more convenient for both international and U.S. customers who trade outside of regular U.S. trading hours. CBOE Volatility Index® (VIX® Index) futures now trade nearly 24 hours a day, five days a week.
In March 2015, CBOE expanded trading hours for VIX options and S&P 500® Index (SPX) options with an additional trading session that runs from 2:00 a.m. to 8:15 a.m. CT, Monday through Friday, which coincides with the opening of the markets in London and afternoon trading in Singapore and Hong Kong.
About CBOE
Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, continues to set the bar for options and volatility trading through product innovation, trading technology and investor education. CBOE Holdings offers equity, index and ETP options, including proprietary products, such as options and futures on the CBOE Volatility Index (VIX Index) and S&P 500 options (SPX), the most active U.S. index option. Other products engineered by CBOE include equity options, security index options, Weeklys options, FLEX options, and benchmark products such as the CBOE S&P BuyWrite Index (BXM). CBOE Holdings is home to the world-renowned Options Institute, Livevol options analytics and data tools, and www.cboe.com, the go-to place for options and volatility trading resources.
About Singapore Exchange (SGX)
Singapore Exchange is Asia's leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. As Asia's most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and 90% of listed bonds originating outside of Singapore.
SGX is the world's most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com.
SGX Academy is a leading provider of investor education and professional training. For more information on SGX Academy programmes see www.sgxacademy.com.
CBOE Media Contacts: |
Analyst Contact: |
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Suzanne Cosgrove |
Gary Compton |
Debbie Koopman |
(312) 786-7123 |
(312) 786-7612 |
(312) 786-7136 |
SGX Media Contact: |
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Leela Pandit |
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+65 9651 3079 |
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CBOE-OE
CBOE®, Chicago Board Options Exchange®, Execute Success®, FLEX®, Livevol®, CBOE Volatility Index® and VIX® are registered trademarks, and BuyWriteSM, BXMSM, The Options InstituteSM and WeeklysSM are service marks of Chicago Board Options Exchange, Incorporated (CBOE). Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services, LLC and have been licensed for use by CBOE. All other trademarks and service marks are the property of their respective owners.
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SOURCE Chicago Board Options Exchange
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