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SOURCE Cboe Global Markets, Inc.
- Japanese Financial Services Authority's approval of Cboe, including Cboe BZX U.S. Equities Exchange, expected to expand Japanese investors' access to all U.S.-listed securities
CHICAGO, Dec. 22, 2017 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE) today announced the Japanese Financial Services Authority (JFSA) has added Cboe Global Markets – U.S. Equities to the regulator's list of Designated Foreign Financial Instrument Exchanges.
Cboe's recognition by the JFSA eases regulations related to disclosures for retail investors and certain discretionary accounts, a change that is expected to facilitate Japanese investment in Cboe-listed securities. This designation clears the way for additional transfers to the Cboe BZX Exchange from other U.S. listing venues, especially ETF transfers of significant volume and assets.
"We are proud to earn this distinguished designation from the JFSA," said Laura Morrison, Senior Vice President, Global Head of Exchange Traded Products at Cboe. "My team and I are thankful for the tremendous support from dozens of Japanese based ETF Issuers and trading firms who supported the designation."
Year-to-date, Cboe has welcomed 126 ETFs to its U.S. market. In the third quarter of 2017, Cboe welcomed a total of 23 ETFs to the Cboe ETF Marketplace as well as 30 transfers, and year-to-date has won 33 percent of all new U.S. ETF listings. There are now 247 ETFs listed on the Cboe ETF Marketplace, from 45 different issuers.
About Cboe Global Markets, Inc.
Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE) is one of the world's largest exchange holding companies, offering cutting-edge trading and investment solutions to investors around the world. The company is committed to relentless innovation, connecting global markets with world-class technology, and providing seamless solutions that enhance the customer experience.
Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index), the world's barometer for equity market volatility.
Cboe's trading venues include the largest options exchange in the U.S. and the largest stock exchange by value traded in Europe. In addition, the company is the second-largest stock exchange operator in the U.S. and a leading market globally for ETP trading.
The company is headquartered in Chicago with offices in Kansas City, New York, London, San Francisco, Singapore, Hong Kong and Quito, Ecuador. For more information, visit www.cboe.com.
Cboe®, CBOE Volatility Index® and VIX® are registered trademarks, and Cboe Global MarketsSM is a service mark of Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners.
Certain information contained in this news release may constitute forward-looking statements. We caution readers not to place undue reliance on any forward-looking statements, which speak only as of the date made and are subject to a number of risks and uncertainties.
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