17 State Street › New York, NY 10004 › cboe.com

October 18, 2022

Submitted via CFTC Portal

Office of the Secretariat 

U.S. Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street

Washington, DC 20581

Re: Amendment to Form SEF of Cboe SEF, LLC (Submission No. 22-09)

Dear All:

Pursuant to Section 5c(c) of the Commodity Exchange Act (CEA) and Sections 37.3(b) and 40.6(a) 

of the regulations of the Commodity Futures Trading Commission (Commission), Cboe SEF, LLC 

(Cboe SEF) hereby submits an amendment to Cboe SEF’s Form SEF Exhibits. Specifically, Cboe 

SEF is amending Exhibit A (Control Owners) to reflect that effective November 1, 2022, one of 

the entities that directly owns more than 10 percent of Cboe SEF, Bats Global Markets Holding, 

Inc. will change its name to Cboe Services Company. 

Cboe SEF certifies that the submission complies with the CEA and the Commission’s regulations. 

Cboe SEF further certifies that this submission has been concurrently posted on its website at 

http://markets.cboe.com/global/fx/sef/resources/. 

If you have any questions regarding this submission, please contact me at (312) 786-7153 or 

mmargolis@cboe.com. 

Sincerely, 

/s/ Michael H. Margolis 

Michael H. Margolis

Assistant General Counsel

Cboe SEF, LLC

Attachments 
1

COMMODITY FUTURES TRADING COMMISSION

FORM SEF

SWAP EXECUTION FACILITY

APPLICATION OR AMENDMENT TO APPLICATION FORREGISTRATION 

COVER SHEET

 

Cboe SEF, LLC

Exact name of Applicant as specified incharter

17 State Street, 31st floor, New York, NY 10004

Address of principal executive offices

If this is an APPLICATION for registration, complete in full and check here.

If this is an AMENDMENT to an application, or to an existing order of registration, list all items that are 

amended and check here.

Exhibit A 

GENERAL INFORMATION

1. Name under which the business of the swap execution facility is or will be conducted, if different than name 

specified above (include acronyms, if any): 

2. If name of swap execution facility is being amended, state previous swap execution facility name:

3. Contact information, including mailing address if different than address specified above: 

Michael Margolis, 433 W. Van Buren Street

Number and Street

Chicago IL USA 60607 

City State Country Zip Code 

(312) 786-5600 N/A

Main Phone Number Fax

https://cboe.com/global/fx/sef/ mmargolis@cboe.com 

Website URL E-mail Address 
2

4. List of principal office(s) and address(es) where swap execution facility activities are/will be conducted: 

Office Address

New York 17 State St., 31st floor 

 New York, NY 10004

5. If the Applicant is a successor to a previously registered swap execution facility, please complete the following: 

a. Date of succession

b. Full name and address of predecessor registrant 

Name

Number and Street

City State Country Zip Code 

Main Phone Number Website URL

BUSINESS ORGANIZATION

6. Applicant is a:

 Corporation 

 Partnership 

Limited Liability Company 

 Other form of organization (specify) 

7. Date of incorporation or formation: 

8. State of incorporation or jurisdiction of organization: Delaware

9. The Applicant agrees and consents that the notice of any proceeding before the Commission in connection with 

this application may be given by sending such notice by certified mail to the person named below at the address 

given. 

Michael Margolis, Assistant General Counsel

Print Name and Title

Cboe SEF, LLC

Name of Applicant 

433 W. Van Buren Street

Number and Street

Chicago Illinois 60607 

City State Zip Code
3

SIGNATURES

10. The Applicant has duly caused this application or amendment to be signed on its behalf by the undersigned, 

hereunto duly authorized, this 18th day of October 2022. The Applicant and the undersigned represent hereby that 

all information contained herein is true, current, and complete. It is understood that all required items and Exhibits 

are considered integral parts of this Form SEF and that the submission of any amendment represents that all 

unamended items and Exhibits remain true, current, and complete as previously filed.

Cboe SEF, LLC

Name of Applicant

/s/ Michael Margolis

Signature of Duly Authorized Person

Michael Margolis, Assistant General Counsel 

Print Name and Title of Signatory
Submission Date – October 3118, 20172022

Exhibit A

CONTROL OWNERS

The person that directly owns more than 10% of Cboe SEF, LLC (f/k/a Bats Hotspot SEF LLC) is Cboe FX

Holdings, LLC (f/k/a Bats Hotspot Holdings LLC).  Cboe SEF, LLC is a wholly owned subsidiary of Cboe FX

Holdings, LLC.  The agreement which documents the basis upon which Cboe FX Holdings, LLC may

exercise control or direction of Cboe SEF, LLC is the Second Amended and Restated Limited Liability

Company Agreement of Cboe SEF, LLC, dated as of October July 1831, 201722; a copy of the agreement

is submitted as Exhibit G‐14.

Cboe FX Holdings, LLC is a wholly owned subsidiary of Cboe Services Company (f/k/a Bats Global

Markets Holdings, Inc.). Cboe Services Company Bats Global Markets Holdings, Inc. is a wholly owned

subsidiary of Cboe Bats, LLC (f/k/a CBOE V, LLC). Cboe Bats, LLC is a wholly owned subsidiary of Cboe

Global Markets, Inc. (f/k/a CBOE Holdings, Inc.).

The following person owns 10% or more of Cboe Global Markets, Inc.: T. Rowe Price Associates and FMR

LLThe Vanguard Group, IncC.  Such persons may, through its ability to elect members of the Board of

Directors of Cboe Global Markets, Inc., exert indirect control or direction of Cboe SEF, LLC.  

Name of Person Address Type of

Control

Basis of Control:  

Percentage of

ownership

Cboe FX Holdings, LLC 8050 Marshall Drive

Lenexa, KS 66214

Direct 100%

Bats Global Markets

Holdings, Inc.Cboe Services

Company

8050 Marshall Drive

Lenexa, KS 66214

Indirect 100% of Cboe FX

Holdings, LLC

Cboe Bats, LLC   8050 Marshall Drive

Lenexa, KS 66214

Indirect 100% of Bats Global

Markets Holdings,

Inc.Cboe Services

Company

Cboe Global Markets, Inc. 40330 W. Van BurenS.

LaSalle Street

Chicago, IL 606075

Indirect 100% of CBOE V,

LLCCboe Bats, LLC

T. Rowe Price Associates,

IncThe Vanguard Group,

Inc..1

100 E. Pratt Street

Baltimore, MD 21202100

Vanguard Blvd.  

Malvern, PA 19355

Indirect   ≥10% of Cboe Global

Markets, Inc.

FMR LLC1 245 Summer Street

Boston, Massachusetts

02210

Indirect ≥10% of Cboe Global

Markets, Inc.

1 Based on information filed with the SEC by each The Vanguard Group, Incof T. Rowe Price Associates, Inc. and

FMR LLC.
Submission Date – October 3118, 20172022

Name of Person Address Type of

Control

Basis of Control:  

Percentage of

ownership