CME bids $12 billion for CBOE

[FSU]

The CME in talks for a $16 billion all stock deal for the CBOE

CME in $16bn bid for Chicago exchange rival Cboe | Financial Times (ft.com)

Edited, this was denied by the CME.

 

[FSU]

Sorry headline wrong, actually $16 billion

 

[syswizard]

This leads perfectly into a Biden socialistic agenda.....no competition, higher costs, etc.
Soon there will be only one insurance company in the USA.
By 2024, it will be too late to reverse this trend.

 

[ZBZB]

This leads perfectly into a Biden socialistic agenda.....no competition, higher costs, etc.
Soon there will be only one insurance company in the USA.
By 2024, it will be too late to reverse this trend.

There are 16 equity options exchange though CBOE own four of them.

 

[syswizard]

There are 16 equity options exchange though CBOE own four of them.

Can you please enumerate these along with their recent annual revenue / income ?

 

[FSU]

Hmm, CME denying takeover bid
CME Group Denies Rumors of a Bid for Cboe Global Markets (prnewswire.com)

 

[2rosy]

curious if it is possible to buy the exclusive rights of a product from the current listing exchange. ie., buy the cboe vix product and have it trade on the cme. An exchange itself is just a software program so not sure what exchanges really offer; the users and liquidity are the product

 

[FSU]

curious if it is possible to buy the exclusive rights of a product from the current listing exchange. ie., buy the cboe vix product and have it trade on the cme. An exchange itself is just a software program so not sure what exchanges really offer; the users and liquidity are the product

The CBOE is more than a software program. They have exclusive rights to trade the VIX and SPX options. I would assume as you ask, it would include exclusive rights to these products.

 

[ZBZB]

Can you please enumerate these along with their recent annual revenue / income ?

https://www.theocc.com/Clearance-and-Settlement/Participant-Exchanges

 

[murray t turtle]

curious if it is possible to buy the exclusive rights of a product from the current listing exchange. ie., buy the cboe vix product and have it trade on the cme. An exchange itself is just a software program so not sure what exchanges really offer; the users and liquidity are the product

%%
I think you are right, but a user/liscense fee will be required.LOL . I wish it were that simple==an exchange is just a software program. IF that were true, most all the chicago exchanges + NYSE would have moved to FLA\low tax rate , long ago.