Thursday, April 5, 2012

CBOE Moving Flagship Exchange Platform to New Jersey

from www.tradersmagazine.com:

>>The Chicago Board Options Exchange, for competitive reasons and member demands, will move its primary options trading platform from Chicago to New Jersey in the fourth quarter.

The move of the matching engine to the Equinix NY4 IBX data center in Secaucus, N.J., will make the exchange the last major stock or options exchange to locate in a data center in the New York metropolitan area. CBOE already houses its all-electronic C2 options exchange and its stock exchange at the facility in Secaucus. The move later this year will also include CBOE's futures exchange and its OneChicago single stock futures exchange.

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