The Chicago Board Options Exchange said it will list options for its parent company, CBOE Holdings Inc. (CBOE), starting Wednesday.
The move comes on the heels of a successful initial public offering last week for CBOE, the biggest U.S. options market by contract volume. The options listing would let former CBOE members, who are now major shareholders, hedge throughout the lockup period that they are under in regard to selling shares. The lockout period extends for up to a year from the filing.
Shares of CBOE were recently up 2.8 percent, at $32.92. The IPO priced at $29.
