CBOE set new record with membership sale
Chicago Board Options Exchange (CBOE) traded a record membership price of $2.75m on 24 October. The exchange sold two seats on the same day at the previous record high price of $2.7m. The previous record price was set on 6 August.
With the days three seat sales, a total of 80 have now traded in 2007. The record is a 57% increase on the $1.75m price paid at the end of last year. During 2006, the highest price paid for a CBOE seat was $1,775m on 6 December. The lowest price paid was $850,000 on 30 January 2006 and a total of 111 seats changed hands during the year.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you
