CBOE : and C2 Postpone Listing of Options on Shake Shack, Inc. (SHAK)

July 28, 2015

CHICAGO, IL - July 28, 2015 - CBOE Holdings, Inc. (NASDAQ: CBOE) announced that the Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2) are postponing listing options on Shake Shack, Inc. (ticker symbol: SHAK).

The delay in listing the options is the result of a pre-cautionary measure taken by the exchanges. Specifically, the exchanges expect that one of the listing criteria will become eligible once a secondary offering of the underlying stock is effective. The exchanges will issue a formal notice of the new listing date. This updates yesterday's announcement which said SHAK options would begin trading on Tuesday, July 28.

Shake Shack, founded in 2004, owns, operates and licenses Shake Shack restaurants (called Shacks) in the United States, Europe and Asia. Shacks are modern-day "roadside" burger stands offering hamburgers, hot dogs, crinkle-cut fries, shakes, frozen custard, beer and wine.

About CBOE Holdings, Inc.:
CBOE Holdings, Inc. (NASDAQ: CBOE) is the holding company for Chicago Board Options Exchange (CBOE), the CBOE Futures Exchange (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 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.

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CBOE®, Chicago Board Options Exchange®, CFE®, Execute Success®, FLEX®, LEAPS®, CBOE Volatility Index® and VIX® are registered trademarks, and BuyWriteSM, CBOE Futures Exchange SM, BXMSM, SPXSM, WeeklysSM and The Options InstituteSM are service marks of Chicago Board Options Exchange, Incorporated (CBOE). C2 and C2 Options Exchange are service marks of C2 Options Exchange, Incorporated (C2). 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. All other trademarks and service marks are the property of their respective owners.

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