The CBOE is one of five U.S. options exchanges. In 1973, the CBOE created "listed options" that became the standard, and option prices were set in an auction market nearly identical to the stock exchanges.
A securities exchange created in the early 1970s for the public trading of standardized option contracts. Primary place stock options, foreign currency options, and index options (S&P 100, 500, and OTC 250 index)
See on: Wikipedia Investopedia The first US exchange to trade listed stock options. The CBOE is the world's largest options market. It captures around 60% of options traded. It is also a market leader in developing new products and technological innovation. The CBOE is sometimes referred to as the "See-bo."
The Chicago Board Options Exchange (CBOE), located at 400 South LaSalle Street in Chicago, is one of the world's largest options exchanges with an annual trade of over http://www.cboe.com/AboutCBOE/ChooseCBOE.aspx 450 million options contracts, covering http://www.cboe.com/Products/default.aspx more than 1200 companies, 50 stock indexes, and 50 exchange-traded funds (ETFs). The exchange was http://www.cboe.com/AboutCBOE/History.aspx established in 1973, when it created and listed the first exchange-listed standardized stock options. The CBOE is regulated by the Securities and Exchange Commission (SEC) and its options contracts are cleared by the Options Clearing Corporation (OCC).