CBOE

The Chicago Board Options Exchange (CBOE) is a major marketplace where investors buy and sell options—contracts that give them the right to buy or sell a stock at a specific price before a certain date. It helps facilitate and regulate options trading, providing a transparent and organized environment. The CBOE also offers various financial products, including volatility indexes like the VIX, which measures market uncertainty. Overall, it plays a key role in the financial industry by supporting options markets and helping investors manage risk.