December 11, 2014

CHICAGO, IL -- December 11, 2014 -- The Chicago Board Options Exchange® (CBOE®) has been named "U.S. Options Exchange of the Year" for the third consecutive year at an awards ceremony during Futures and Options World magazine's Derivatives World London Conference.

"CBOE is the biggest options exchange in the U.S., but it is not resting on its laurels. It continues to innovate and set the pace for its rivals and is a worthy three-time winner of this award," said FOW Publisher Will Mitting.

According to FOW, "Chicago Board Options Exchange is recognised as the U.S. Options Exchange of the Year for the third consecutive year following a surge in volumes and the introduction of a series of innovative products.  Its VIX options and futures franchise is among the fastest-growing product suite in the exchange space, while volumes in S&P 500 Index (SPX) Weeklys continued to grow dramatically in the last year, now constituting more than 30 percent of total SPX options volume. During the judging period, CBOE began disseminating values for its new volatility products including U.S. Treasuries and the Short-Term VIX Volatility Indexes. It has also invested in options education with the construction of an expanded CBOE Options Institute. Judges praised the firm's 'continued innovation' and growing market share."

In addition to being named U.S. Options Exchange of the Year, over the past few years FOW has also awarded CBOE top honors for "Most Innovative New Contract, Index and Equities" and "Best Technology Innovation by an Exchange, The Americas." Over the last decade, CBOE and its executives have received over two dozen industry awards for leadership and product innovation. 

About CBOE Holdings
CBOE Holdings, Inc. (NASDAQ: CBOE) is the holding company for Chicago Board Options Exchange, Incorporated (CBOE), CBOE Futures Exchange, LLC (CFE) and other subsidiaries. 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 S&P 500 options (SPX), the most active U.S. index option, and options and futures on the CBOE Volatility Index (the VIX Index). Other products engineered by CBOE include equity options, security index options, Weeklys options, LEAPS options, FLEX options, and benchmark products such as the CBOE S&P 500 BuyWrite Index (BXM). CBOE Holdings is home to the world-renowned Options Institute and www.cboe.com, the go-to place for options and volatility trading resources.

Media Contacts:

Analyst Contact:

Gail Osten Gary Compton 

Debbie Koopman

(312) 786-7123 (312) 786-7612 (312) 786-7136
osten@cboe.com comptong@cboe.com koopman@cboe.com

CBOE-OE

CBOE®, Chicago Board Options Exchange®, CFE®, Execute Success®, FLEX®, LEAPS®, CBOE Volatility Index® and VIX® are registered trademarks, and BuyWriteSM, CBOE Futures ExchangeSM, BXMSM, SPXSM, WeeklysSM and The Options InstituteSM 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, CFE and C2.

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