Cboe Europe Derivatives

Cboe Europe Derivatives (CEDX), launched on September 6, 2021, is an exchange from Cboe Europe with clearing provided by EuroCCP, Cboe's pan-European clearing house. The exchange offers futures and options based on Cboe Europe's single country and pan-European indices, including the Cboe Eurozone 50, Cboe UK 100, Cboe Netherlands 25 and Cboe France 40 – all calculated using Cboe market data. 
CEDX plans to add futures and options on additional European benchmarks, along with single stock options, at a later date, based on customer demand and subject to regulatory approvals. 
The market, based in Amsterdam, forms part of Cboe NL, Cboe's Netherlands-based exchange (Cboe Europe B.V.).
== History ==
Cboe acquired the European clearing house EuroCCP in July 2020. That same month Cboe received regulatory approval to launch CEDX on September 6, 2021.
On April 19, 2022, Cboe Global Markets announced the planned launch of new equity index futures and options products for trading on CEDX. Futures and options will be launched on four additional Cboe Europe single country index benchmarks: the Cboe Italy 40, Cboe Norway 25, Cboe Spain 35 and Cboe Sweden 30. The exchange plans to start trading on these eight new products on CEDX on Wednesday, April 27. The addition of these products brings the total number of products available for trading on CEDX to 20, adding to the 12 products made available at launch September 2021, comprising futures and options on six Cboe Europe indices: the Cboe Eurozone 50, Cboe France 40, Cboe Germany 40, Cboe Netherlands 25, Cboe Switzerland 20 and Cboe UK 100.
== Products and Services ==
Cboe Europe initially offered futures and options on six key European country benchmarks: Cboe UK 100, Cboe Eurozone 50, Cboe Netherlands 25, Cboe Switzerland 20, Cboe Germany 40, and Cboe France 40. Cboe said it plans over time to offer futures and options based on additional European country benchmarks, single stock products and shorter duration index option products.
Cboe Global Markets announced on February 14, 2023 that Cboe Europe Derivatives would expand its product suite to include single stock options on leading European companies. The exchange said it expects the products to be available for trading in November 2023. They will be cleared by Cboe Clear Europe, subject to the necessary regulatory approvals. CEDX initially plans to offer equity options on companies from 10 European countries (Belgium, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Spain and Sweden). CEDX expects to introduce options on stocks from additional European countries starting from February 2024.
In October 2023 CEDX confirmed that it would launch single stock options starting in November 2023, with equity options available from November 6, having secured backing from a broad range of participants, including ABN AMRO Clearing, All Options, Barak Market Making B.V, Goldman Sachs, Morgan Stanley, Susquehanna International Securities, and Interactive Brokers. CEDX said it planned to expand the available products by the end of Q1 2024, following regulatory approvals. 
=== Index Options ===
CEDX currently offers:
* Cboe Eurozone 50 Index Options
* Cboe France 40 Index Options
* Cboe Germany 40 Index Options
* Cboe Netherlands 25 Index Options
* Cboe Switzerland 20 Index Options
* Cboe UK 100 Index Options
* Cboe Spain 35 Index Options
* Cboe Italy 40 Index Options
* Cboe Norway 25 Index Options
* Cboe Sweden 30 Index Options
== Key People ==
* Iouri Saroukhanov, Head of European Derivatives, Cboe Europe
== References ==