Chicago Board Options Exchange does not open

Written By limadu on Kamis, 25 April 2013 | 23.53

chicago board options exchange

The Chicago Board Options Exchange did not open Thursday, for reasons that remain unexplained.

NEW YORK (CNNMoney)

"It did not open today," said CBOE (CBOE) spokeswoman Gail Osten.

She did not explain why the exchange didn't open, when asked by CNNMoney about reports of a technology glitch. Osten also didn't say when trading would resume.

Just days ago, on April 16, the exchange broke its record for volume, with 1,399,863 contracts changing hands.

The CBOE is the largest U.S. options exchange, offering options for stocks, indexes and exchange-traded funds (ETFs).

On Friday, the exchange celebrates the 40th anniversary since its founding.

On that first day, April 26, 1973, 911 contracts were traded on 16 options listings. By 2012, annual volume had reached one billion contracts on 3,000 options listings.

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First Published: April 25, 2013: 12:49 PM ET


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